First time buyers find it tough + Brisbane unit bloodbath + Nude photo on property site.

First time buyers find it tough + Brisbane unit bloodbath + Nude photo on property site.

1. Gold Coast booms ahead of the Games

Property prices on the Gold Coast have been the best performing of anywhere in Queensland recently, but there are still a couple of pockets where you can snag a bargain near the beach.

Prices in suburbs such as Burleigh Heads rose a whopping 18.3 per cent last year (I am in Burleigh).

https://www.domain.com.au/news/where-you-can-still-buy-beachfront-on-the-gold-coast-without-winning-lotto-20180311-h0wj4o/

  1. Westpac cuts rates for first-home buyers and rentvestors

Westpac Banking Corporation has fired the next round of shots in the ongoing interest war by offering discounts of up to 105 basis points to investor borrowers.

https://www.yourmortgage.com.au/mortgage-news/westpac-offers-rate-cuts-to-firsthome-buyers-and-rentvestors/247656/

3.   Sydney first home buyers  

SAVING a deposit for a typical Sydney home has become next to impossible for single buyers on an average wage, new financial data has revealed.

https://www.realestate.com.au/news/first-home-buyers-will-not-be-able-to-save-a-20-per-cent-deposit-if-buying-solo/

4. Perils of buying overseas
Gum trees or palm trees: The perils of investing inproperty in the Pacific Islands

Malcolm Gunning, president of the Real Estate Institute of Australia, suggested people who wanted to build a retirement or holiday home in the Pacific also needed to be very cautious about the difference between freehold, leasehold and tribal land ownership arrangements. “It’s a risky business buying …

5.   Apartment fire sale

A MASS apartment fire sale could be set to swamp Brisbane in the next 12 months — allowing would-be first home buyers to finally get a foot on the property ladder.

https://www.realestate.com.au/news/first-home-buyers-to-be-big-winners-from-apartment-fire-sale-bis-oxford-economics/

6. Owner goes naked to sell
Owner uploaded nude toproperty site

A BODY confident homeowner accidentally uploaded a naked selfie to a real estate agent’s website after snapping his nude reflection while taking sale pics. … The maisonette, offering attractions including a balcony and air conditioning, has now been taken off the market, for unreported reasons.

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Kevin Turner
kevin@realestatetalk.com.au
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