Property investors are dominating the mortgage market, new data from Australian Finance Group (AFG) has found.
According to AFG’s latest mortgage index, 34.1 per cent of all mortgages arranged nationally in February were for property investors – the highest percentage ever recorded by the company.
The amount of investor mortgages arranged was 25 per cent [...]
I have reproduced part of an article that I received today. It is important to note that we have an influx of migration into Victoria of around 1700 people per week.
We are not producing new properties to cope with this demand and I was informed by a home building company that we were around [...]
Auctions have ended this year on a high note, following strong weekend clearances in Australia’s four largest auction markets.
Despite three interest rate hikes in as many months, bidders were out in force on what has traditionally been the largest auction day before Christmas.
Sydney achieved a clearance rate of 65 per cent, after more [...]
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