Community News NEW land sales increased for the third consecutive quarter according to the latest data from the Urban Development Institute of Australia (UDIA WA). Nearly 1500 new lots were sold in the June quarter, an increase of 3.8 per cent on the previous period. “This is a reflection of improved consumer confidence and a […]
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The Sunday Times The Australian Prudential Regulation Authority (APRA) has announced it is considering reducing the seven per cent oor on serviceability calculations for residential mortgages, instead allowing banks to assess loans at 2.5 per cent above current rates. Currently, APRA requires lenders to assess whether or not a consumer can afford a loan […]
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Australian Property Investor Magazine Perth’s affordable fringe suburbs are selling fast but soaring rents are still not enough of a lure to stop property investors from fleeing the market. Houses in Perth’s outer suburbs are flying off the shelves in less than a week, as the most affordable properties in the country’s most affordable capital […]
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