Balwyn falling
Balwyn falling, yes it is. House prices are certainly falling and they have done so very quickly in Balwyn. I believe that last weekend there were around 31 auctions in Balwyn and only 6 houses sold. This is a major change in buyer sentiment. Back in April 2015, land could achieve around $3000 per square […]
RBA sounds alarm over off-the-plan properties
The RBA sounds alarm over off-the-plan properties because of lenders minimizing their risk on this type of asset. “The Reserve Bank of Australia has warned that settlement risk on apartments purchased off-the-plan may have increased as a direct result of the stricter criteria that banks are now applying to investor housing loans. In its Financial […]