Heise Says
#MortgageStress #Retirement #RealEstate More Australians are heading into retirement with years of mortgage payments and stress ahead of them. References Mortgage debt causing older Australians distress and worsening mental health https://www.abc.net.au/news/2019-08-27/mortgage-debt-causing-older-australians-distress-study-finds/11450958?pfmredir=sm
#Property #Rebound #RealEstate Claims of a property rebound in Australia might be premature. References Property market showing green shoots, but is it enough to call it a rebound? https://www.abc.net.au/news/2019-08-26/property-market-showing-green-shoots-but-is-it-a-rebound/11447438?section=business
#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 24th of August 2019. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults
#Property #RealEstate #OffThePlan Experts are warning people to not risk buying off the plan. References Building expert commissioned to investigate industry warns ‘I wouldn’t buy a new apartment’ https://www.abc.net.au/news/2019-08-19/building-report-author-says-she-wouldnt-buy-new-apartment/11421268?section=business
#Recession #BondRates #InvertedYieldCurve Fears of a US and global recession are growing, with huge stock market drops and other indicators predicting a recession. Do we only have 15 months time until a United State recession? How will it affect Australia? References 5 things investors need to know about an inverted yield curve https://www.marketwatch.com/story/5-things-investors-need-to-know-about-an-inverted-yield-curve-2019-08-14 ‘Crazy inverted […]
#RealEstate #Property #SkyRocket Sydney property is apparently set to SkyRocket! Another attempt at inducing FOMO or an accurate prediction for the future? References Home seekers urged to buy Sydney property soon or risk paying a higher price https://www.news.com.au/finance/real-estate/sydney-nsw/home-seekers-urged-to-buy-sydney-property-soon-or-risk-paying-a-higher-price/news-story/a0321a743d1749c04e667508d58df49a Australia’s Housing Market Is Suddenly Heating Up Again https://www.bloomberg.com/news/articles/2019-08-07/all-of-a-sudden-australia-s-housing-market-is-heating-up-again?srnd=premium-asia
#Housing #Australia #RealEstate Claims are being made that a small turn around in the Australian Housing market signals an end to the downturn and a return to booms times. I would argue for a more cautious approach. References Australia’s Housing Market Is Suddenly Heating Up Againhttps://www.bloomberg.com/news/articles/2019-08-07/all-of-a-sudden-australia-s-housing-market-is-heating-up-again?srnd=premium-asia
#Sydney #Investment #Property Due to increasing vacancy rates, Sydney rental returns have plummeted and become a tenants market. But surely it’s still a great time to rush and buy off the plan! References Sydney becomes tenant’s dream as rental vacancies at highest level since 2005https://www.perthnow.com.au/lifestyle/real-estate/sydney-becomes-tenants-dream-as-rental-vacancies-at-highest-level-since-2005-ng-aaff1c8db20e6fe1d991ea82e3946434 Domain Rental Vacancy Rate May 2019: Tide turning in Brisbane […]
#RalanGroup #Employment #Recession It appears that the Ralan Group may have spent the deposits of people who purchased off the plan. References Most off-plan deposits for Ralan units ‘have been spent’ https://www.realestate.com.au/news/most-offplan-deposits-for-ralan-units-have-been-spent/
#RalanGroup #Development #RalanCollapse Sydney Unit Developer Ralan Group has collapsed, entering voluntary administration, with $500 million worth of outstanding debt. With unfinished projects, one has to worry about how this will affect tradies, material suppliers and people who have purchased off the plan. References Major Sydney unit developer The Ralan Group collapses during apartment downturn […]