Asking prices rise and property listings increased significantly in October

Capital City Average asking prices increased 1.8% for houses and 0.1% units over the month to 3rd November. Average unit asking prices are now $563,900 and houses $989,100. Compared to a year ago, the capital city asking prices posted an increase of 5.2% for houses but declined by 1.0% for units. Over the month, most […]

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October 2020 Portfolio Update | Property Partner Blog

Following disclosure on 30 September of the net cash surplus/deficit of each property, today we are enhancing disclosure again, with the release of actual financial results for all properties for the 12 month period to 31 August 2020. To ensure that all clients have the opportunity to consider this announcement, as usual, the Resale Market […]

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Will there really be a slew of mortgage defaults come September/ October

I’ve seen a number of quite alarming headlines recently that there’s going to be a wave of mortgage defaults in September/ October once the relief measures like Jobkeeper and loan repayment deferrals end simultaneously. Here’s an alternative point of view… Firstly, readers can take comfort that the Australian Prudential Regulation Authority (APRA) and the banking […]

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