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This Week In Property 28 November 2019

5 THINGS YOU NEED TO KNOW THIS WEEK - 28 NOVEMBER 2019

Keep up to date with all the latest news from the Australian property market this week.

  1. If you’re thinking about investing, you’ll love this: rents are increasing across the country, according to SQM Research.  This is great news if you’re building a Thrive home, which is a much lower-cost alternative to purchasing second-hand in Sydney.

     

  2. The flip-side however is, if you’re renting, brace yourself for an increase or two over the next 12 months.

     

  3. Westpac bosses are copping an absolute pasting this week, over revelations they did nothing to stop criminals using the bank’s international payments platform.  

     

  4. If you’re thinking of best places in Sydney to live, greener and more spacious communities in the west that are close to fast rail corridors are looking better all the time.  

     

  5. Expect the price of existing homes in Sydney to keep rising.  Last weekend’s preliminary auction clearance rate jumped another 10 per cent; according to CoreLogic, FOMO is driving prices even higher.
 

 

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