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In this episode, we discuss the important qualities of Cheapies with Prospects. Firstly, that they are affordable and secondly, that they have prospects for growth. In today’s episode we analyse the impact the Commonwealth Games will have on the Gold Coast property market and the potential of oversupply by developers. Hobart and Canberra have the lowest vacancy rates - and the higher growth in residential rentals, according to new research data. Lenders are competing strongly for mortgage business by cutting their interest rates, with owner-occupiers paying principal and interest the biggest winners. In today’s podcast, we analyse one of the latest Hotspotting reports released, the popular Price Predictor Index - Spring Edition The QBE Australian Housing Outlook report predicts moderate growth in most cities, led by Canberra and Hobart, but we think they're being too conservative. Typical housing blocks are now under 500 square metres, but city land prices keep rising. A third of all dwelling sales around Australia are being made to first-time buyers, contrary to "official" figures. Construction levels for new dwellings are falling and the HIA says constraints on investors are the cause. Data on annual price changes has Hobart leading, with Melbourne second, but depicts a variety of different scenarios in the major cities.
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Next ›
Hotspotting Podcast | Episode 19: Cheapies with Prospects - City Edition
Hotspotting Podcast | Episode 20: The impact of the Commonwealth Games on the Gold Coast Property Market
Canberra, Hobart Lead City Rental Markets
Lenders Cut Rates While RBA Sits Tight
Hotspotting Podcast | Episode 18: Price Predictor Index - Spring Edition
Canberra, Hobart Tipped To Lead Growth
Lots Get Smaller But Prices Rise
First-Time Buyers Remain Highly Active
Building Falls As Constraints Bite
Price Data Depicts Multiple Market Scenarios
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