Austrump Pty Ltd | Home improvement

Austrump Pty Ltd

Phone: +61 426 827 886

Add/Update information

Reviews

Tags

• Businesses
• Local service
• Home improvement
• Construction company
• Property management company
• Block of flats

21.01.2022 The property market will recover after the September federal election, Aussie Home Loans entrepreneur John Symond has predicted at a national real estate conference. Mr Symond said the combination of bottomed out property prices and historically low interest rates had created the perfect environment for a recovery - the only missing ingredient was confidence. "If you want to pick a time to get into housing, you can't get a much better time than now," Mr Symond told more than ...3000 agents at the Australian Real Estate Conference on the Gold Coast. "We have the lowest interest rates on record, which may even go a little lower, and we have seen the housing market bottom, while there is evidence right around Australia that prices are increasing." Mr Symond said the market would gradually improve until the federal election in September, at which time it could be expected to move more quickly. "Confidence will come back after the federal election," he said. "After the election, most Australians will feel they have a government that can make decisions in their own right and that will boost confidence. "It is very difficult for any government to govern efficiently when they have to rely on splinter groups and a coalition of interests." Mr Symond said first home buyers should not wait for additional government incentives to encourage them to act, but recognise the market signals. "First-home buyers are now able to borrow money at 5 per cent, that's a better incentive than any grant," Mr Symond said. "Pricing today is very attractive when you compare it to the last 10 years and affordability is the best its been for many, many years - and that's the best time to get into housing." Mr Symond said changes in housing affordability could be seen in research from RP Data showed there were currently 796 suburbs around the country where it was more affordable to buy a home under $500,000 than rent. Two years ago, there was only around 500 suburbs where this was the case. Prices were likely to continue to grow steadily, rather than leap ahead he said. "But that's a good thing. You don't want them to gallop ahead stupidly because we know where that leads," he said. "Property isn't for a quick kill where you buy something today and sell in 12 months, it's about holding long term, a solid investment and a safe investment. Read more: http://www.news.com.au//aust/story-fndban6l-1226646868902

20.01.2022 Melbourne's housing market has posted its strongest performance for the March quarter in more than a decade, bolstering claims that the city is emerging from its three-year property slump. The latest price data from the Real Estate Institute of Victoria also shows a handful of inner and middle suburbs have seen their median house prices reach a new peak. Click here to see the list...Continue reading

17.01.2022 Unit 1,5 Callistemon Ct, Doncaster East, VIC 3109,Australia Development Type Townhouse Development FIRB EligibleYes Property Size268.84 SqmLand Size350 ...Sqm Bedrooms4Bathroom (Ensuite Inc.)4Parking1+1 Indoor FeaturesAir Conditioning / Walk-In Robe / Built-In Wardrobes / Alarm System / Dishwasher / Oven Outdoor FeaturesPrivate Courtyard / Remote Garage Door If someone interest, please contact me ,thanks

14.01.2022 Melbourne property conditions signals good news for buyers Current Market Trends The Melbourne median house price for the March quarter was $565,000, according to the latest results from the Real Estate Institute of Victoria. This represents a six per cent less than the revised December quarter median of $601,000.... Looking across the city, median house prices in the inner city increased by 0.2 per cent to $882,500 and they reduced over the year by 5.6 per cent. In many respects the middle and outer suburbs have been more stable in the medium term. The median house price in the middle suburbs dropped by 1.6 per cent over the quarter to $630,000 but increased over the year. Outer-suburb median house prices showed a 2.1 per cent drop while also increasing over the year by 7.4 per cent to $451,125. The main reason the median house price dropped was interest rates with seven rate rises since December 2009. Of those seven increases the November rate increase had the most significant impact on the market. It must also be noted that most years the median price does reduce in the March quarter due to the lower activity in January. These results show that prices in most suburbs in Melbourne have plateaued and this will be welcome news for those looking to buy this year. Melbourne remains the second-least-affordable city in which to buy a home and buyers are being more cautious, as highlighted by the overall number of sales falling by 18 per cent compared to this quarter last year. There are also about 37 per cent fewer first home buyers active in the market than this time last year. Moving Ahead For the medium term the residential market has entered into a period of lower transaction numbers and lower price growth, and we are not going to see a repeat of the 20 per cent increase witnessed in 2010. The key to how the market performs in 2011 and beyond will depend on the strength of the local economy; at this stage, the fundamentals are still strong, especially population growth, employment and consumer confidence.

12.01.2022 Investors bolster property markets BY:MITCHELL NADIN From: The Australian April 22, 2013 12:00AM Increase Text Size Decrease Text Size Print... IMPROVED affordability coupled with low interest rates has prompted an investor resurgence in Australia's housing market, which has experienced its strongest start to the year since 2010. The mediocre offer by banks on cash deposits has helped the recovery for real estate, according to Australian Property Monitors economist Andrew Wilson, who says this has seen a boom at the bottom and middle end of the market. Sydney is close to record clearance rates, last week hitting 75.6 per cent, up from just 57.8 per cent during the same period last year. It was the second-highest clearance rate this year. Melbourne cleared about 65 per cent of homes, up from about 55 per cent last year, while Adelaide recorded an 86.7 per cent clearance rate, up substantially from just 50 per cent in 2012. Brisbane's clearance rate has doubled, rising from 16 per cent last year to 32.5 per cent last week. Dr Wilson said that clearance rates were very encouraging after several years of the market adjusting itself following "artificially overheated" market distortions by federal government stimulus in 2009-10. However, he said the recovery remained patchy, with prestige markets still subdued. "We've certainly seen an acceleration in auction clearance rates over the past year," Dr Wilson said. "However, this year has taken a quantum leap forward from about a 60 per cent average to now about 72 per cent average in the first half of the year."

04.01.2022 COULD it be possible that the housing market is getting back to normal? That depends, of course, on how you define 'normal'. There are many differences between the Australian, Britain and US property markets but these overseas markets can be terrific barometers for us. In recent years, the overseas markets were devastated, with a slump in value, markets swamped with desperate sellers and innumerable foreclosures....Continue reading