Real Search: NewsNewshttp://realsearch.com.au/Tue, 19 Mar 2024 11:35:22 GMTurn:store:1:news:blog:82http://realsearch.com.au/coordinated-effort-key-to-solving-australias-housing-crisisCoordinated Effort Key to Solving Australia's Housing CrisisUrban Development Institute of Australia President Col Dutton argues that greater cooperation between the federal and state governments is the key to tackling Australia's housing crisis.urn:store:1:news:blog:81http://realsearch.com.au/housing-minister-claims-nsw-isnt-getting-fair-go-on-fundingHousing Minister Claims NSW Isn't Getting "Fair Go" on FundingMinister Jackson pointed to both the Goods and Services Tax (GST) and recent cuts to infrastructure funding as evidence that NSW isn't receiving its fair share of federal resources.urn:store:1:news:blog:80http://realsearch.com.au/sydney-and-melbourne-housing-market-heats-up-auction-clearance-rates-sizzle-above-60Sydney and Melbourne Housing Market Heats Up: Auction Clearance Rates Sizzle Above 60%The Australian property market is showing no signs of slowing down in 2024, with auction clearance rates remaining "very strong" according to REA Group Senior Economist Paul Ryan.urn:store:1:news:blog:79http://realsearch.com.au/young-aussies-feeling-hopeless-will-labor-deliver-the-key-to-their-dream-homeYoung Aussies Feeling Hopeless: Will Labor Deliver the Key to Their Dream Home?According to Deputy Opposition Leader Susan Ley, the rising cost of living combined with a lack of clear housing policy from Labour is creating a sense of hopelessness among young Australians.urn:store:1:news:blog:78http://realsearch.com.au/housing-market-heats-up-prices-rise-despite-interest-rate-hikeHousing Market Heats Up: Prices Rise Despite Interest Rate HikeAustralia's housing market defied expectations, with prices creeping up again in February. CoreLogic's national home value index showed a 0.6% increase, marking the strongest monthly gain since October 2023. urn:store:1:news:blog:77http://realsearch.com.au/rent-revolution-sydney-builds-homes-you-cant-buy-but-can-you-afford-themRent Revolution: Sydney Builds Homes You Can't Buy, But Can You Afford them?Hundreds of new apartments are popping up across Sydney, but they're not for sale. This innovative "build to rent" model is simple: large, professionally managed buildings specifically designed for renters, not buyers. With 19 projects underway, areas like Parramatta, Ryde, and Canterbury-Bankstown are embracing this new approach. urn:store:1:news:blog:76http://realsearch.com.au/more-aussies-drowning-in-mortgages-but-rates-arent-the-only-culpritMore Aussies Drowning in Mortgages, but Rates Aren't the Only CulpritWhile rising interest rates are a contributing factor, new research reveals a shocking truth: a record number of Australians are struggling to keep up with their mortgage payments, and it's not just due to higher borrowing costs. The latest data shows that over 1.6 million homeowners, or 31%, are now "at risk" of mortgage stress. urn:store:1:news:blog:75http://realsearch.com.au/super-funds-can-be-win-win-solution-to-housing-crisis-says-ex-treasurer-swanSuper Funds Can Be "Win-Win" Solution to Housing Crisis, Says Ex-Treasurer SwanFormer Australian treasurer Wayne Swan has called on the nation's superannuation funds to play a "substantial role" in tackling the housing affordability crisis by investing in the construction of 40,000 homes. Swan, who now chairs super fund Cbus, argued that social and affordable housing could be a part of a "win-win" investment strategy for super funds and their members.urn:store:1:news:blog:74http://realsearch.com.au/capital-cities-stumble-as-regional-markets-thrive-is-the-aussie-dream-shifting-gearsCapital Cities Stumble as Regional Markets Thrive: Is the Aussie Dream Shifting Gears?While capital cities witnessed a slowdown in growth, values in regional areas rose by 1.2% in the three months leading to January, compared to a mere 1% increase in major cities. This trend suggests a potential shift in the Australian property landscape, with regional areas becoming increasingly attractive options.urn:store:1:news:blog:73http://realsearch.com.au/tassie-tensions-labor-offers-landlords-cash-to-cool-rental-costsTassie Tensions: Labor Offers Landlords Cash to Cool Rental CostsThe Tasmanian election race heats up as Labour leader Rebecca White visited Rokeby to announce a $1,000 per household incentive program for landlords willing to invest in energy-saving upgrades like insulation, heat pumps, or improved glazing. However, to access the state funding, landlords must match the contribution, ensuring a shared commitment to improving energy efficiency in their properties.urn:store:1:news:blog:72http://realsearch.com.au/house-vs-apartment-the-great-divide-widens-as-detached-dwellings-surpass-units-in-valueHouse vs. Apartment: The Great Divide Widens as Detached Dwellings Surpass Units in ValueFour years ago, the difference between a house and an apartment was a mere 16%. Today, it's a whopping 45%, with houses leaving units in the dust. The pandemic triggered a desire for space, pushing people towards detached dwellings. Combine that with rising interest rates and a rebounding market, and you have a recipe for a record-breaking "house premium."urn:store:1:news:blog:71http://realsearch.com.au/stuck-in-renter-purgatory-even-top-earners-cant-escape-australias-soaring-housing-marketStuck in Renter Purgatory: Even Top Earners Can't Escape Australia's Soaring Housing MarketA Melbourne entrepreneur, despite earning a six-figure salary, has rented her dream home for 22 years. Is homeownership becoming a pipe dream even for high-income Australians?urn:store:1:news:blog:70http://realsearch.com.au/renter-revolution-brewing-labor-faces-uphill-battle-as-rents-skyrocketRenter Revolution Brewing: Labor Faces Uphill Battle as Rents SkyrocketRents have soared nearly 12% since 2022, with no end in sight. While Labour has taken some steps, including increased rent assistance and the Housing Australia Future Fund, these measures are seen as insufficient by many struggling renters.urn:store:1:news:blog:69http://realsearch.com.au/greens-dig-in-heels-as-albanese-dares-them-to-block-housing-help-for-10000-australians Greens Dig In Heels as Albanese Dares Them to Block Housing Help for 10,000 AustraliansPrime Minister Anthony Albanese has thrown down the gauntlet to the Greens, daring them to vote against his government's Help-to-Buy scheme after refusing their demands for concessions on housing tax breaks.urn:store:1:news:blog:68http://realsearch.com.au/six-year-ordeal-ends-morecrofts-reclaim-27-million-from-government-in-landmark-land-title-caseSix-Year Ordeal Ends: Morecrofts Reclaim $2.7 Million From Government in Landmark Land Title CaseThe Queensland government has been dealt a hefty blow, ordered to pay $2.7 million to a Gold Coast couple who lost their dream home due to a fraudulent sale. The Brisbane Court of Appeal's unanimous decision marks a potential end to the Morecrofts' six-year ordeal, which began when their newly purchased house in Mermaid Beach turned out to be entangled in a family feud and ultimately deemed "fraudulently mortgaged by criminals."urn:store:1:news:blog:67http://realsearch.com.au/backyard-dreams-crumble-quarter-acre-block-a-fantasy-says-liverpool-mayorBackyard Dreams Crumble: Quarter-Acre Block a Fantasy, Says Liverpool MayorThe iconic Aussie dream of owning a spacious quarter-acre block might be fading faster than a summer sunset, with Liverpool Mayor Ned Mannoun declaring it "now a fantasy." His blunt statement comes amid skyrocketing building costs, with the Bureau of Statistics reporting a staggering $60,000 increase in just one year. "Land isn't the issue – we have plenty in Australia," Mr. Mannoun told Sky News Australia. "But development is getting choked by red tape."urn:store:1:news:blog:66http://realsearch.com.au/half-your-salary-to-the-taxman-sydney-homebuyers-feeling-the-stamp-duty-squeezeHalf Your Salary to the Taxman? Sydney Homebuyers Feeling the Stamp Duty SqueezeSydney's housing market is already one of the hottest in the world, but now homebuyers are facing a new hurdle: paying half their salary just in stamp duty! Key Takeaways: Sydney homebuyers now pay 5.4 times more stamp duty than their counterparts in the early 1980s. The median-priced Sydney home requires a whopping $45,000 in stamp duty, equivalent to six months of average post-tax income. Soaring housing prices and outdated stamp duty brackets are creating a "bracket creep" effect, pushing more properties into higher tax rates. This heavy burden discourages first-home buyers and hinders downsizing or job-related relocations, impacting market fluidity.urn:store:1:news:blog:65http://realsearch.com.au/dragon-down-under-loses-fizz-chinese-buying-slumps-as-indian-investors-surge-in-australian-property-marketDragon Down Under Loses Fizz: Chinese Buying Slumps as Indian Investors Surge in Australian Property MarketThe roar of the Chinese dragon in the Australian property market has softened to a purr, with new data revealing a $400 million drop in investment over the past three months. However, the void left by the cooling Chinese interest is being swiftly filled by a surge of Indian buyers, raising questions about the future landscape of foreign investment in Australian real estate. Only Australian citizens and permanent residents can purchase property, but international buyers can apply for permission through the Foreign Investment Review Board.urn:store:1:news:blog:64http://realsearch.com.au/australias-housing-crisis-is-mass-construction-the-answerAustralia's Housing Crisis: Is Mass Construction the Answer?Australia's housing woes continue to dominate headlines, with industry experts painting a grim picture of a nation grappling with a severe lack of available homes. In a recent interview with Sky News Australia, REA Group CEO Owen Wilson declared the undersupply of housing as the country's "number one issue," emphasizing the impact it has on the rental market.urn:store:1:news:blog:63http://realsearch.com.au/broken-promise-or-policy-pivot-albanese-faces-heat-over-potential-negative-gearing-reformsBroken Promise or Policy Pivot? Albanese Faces Heat Over Potential Negative Gearing ReformsConcerns simmer as whispers of changes to negative gearing swirl around the Prime Minister, raising fears of broken promises and potential harm to renters. With memories of the recent backtrack on stage three tax cuts still fresh, whispers of potential reforms to negative gearing have ignited concerns within the property industry and beyond.urn:store:1:news:blog:62http://realsearch.com.au/sydney-on-brink-of-grandchild-less-future-report-warns-of-exorbitant-housing-costs-driving-out-young-familiesSydney on Brink of Grandchild-less Future: Report Warns of Exorbitant Housing Costs Driving Out Young FamiliesBrace yourselves for a future without the pitter-patter of tiny feet echoing through the bustling streets of Australia's largest city. A new report paints a concerning picture, suggesting Sydney could soon become a "city with no grandchildren" unless drastic changes are made to address the crippling housing crisis.urn:store:1:news:blog:61http://realsearch.com.au/aussies-facing-generations-worst-housing-crunch-government-scheme-labeled-band-aid-on-a-gushing-woundAussies Facing "Generations-Worst" Housing Crunch: Government Scheme Labeled "Band-Aid on a Gushing WoundAustralians are grappling with the most severe housing crisis in "generations", according to Greens MP Max Chandler-Mather, with skyrocketing prices and rents leaving many feeling squeezed and hopeless.urn:store:1:news:blog:60http://realsearch.com.au/homeownership-held-hostage-stamp-duty-slammed-as-massive-burden-on-australiansHomeownership Held Hostage": Stamp Duty Slammed as "Massive Burden" on AustraliansThe affordability crisis in Australia faces another harsh critic, with leading economist Anne Flaherty calling stamp duty an "incredibly inefficient tax" that acts as a "massive burden" on homeowners.urn:store:1:news:blog:59http://realsearch.com.au/aussie-homes-under-the-hammer-auction-king-demands-meth-testing-before-every-saleAussie Homes Under the Hammer: Auction King Demands Meth Testing Before Every Sale!The gavel may slam down on a new era for Australian homebuyers as real estate giant Philip Parker calls for mandatory meth testing before every sale or rental. This follows growing concerns about the presence of methamphetamine residue in homes, potentially exposing unsuspecting Australians to health risks.urn:store:1:news:blog:58http://realsearch.com.au/relief-in-reach-council-approves-100-homes-below-median-price-sparking-mixed-reactionsRelief in Reach! Council Approves 100+ Homes Below Median Price, Sparking Mixed ReactionsFlinders View, QLD - Homebuyers seeking relief in Brisbane's soaring housing market can breathe a sigh of temporary relief. The council has approved a controversial project, "Dahlia," bringing over 100 townhouses priced below the city's median house price to the market next month.urn:store:1:news:blog:57http://realsearch.com.au/dive-right-in-pool-obsessed-aussie-homebuyers-flock-to-the-northern-territoryDive Right In! Pool-Obsessed Aussie Homebuyers Flock to the Northern TerritoryForget bronzed beaches and balmy nights, the hottest property market for Aussies seeking a backyard oasis is surprisingly... the Northern Territory! New data reveals the Top End reigns supreme when it comes to houses with pools, leaving sun-soaked states like Queensland and Western Australia adrift.urn:store:1:news:blog:56http://realsearch.com.au/australian-homes-poised-for-peak-performance-in-2024-despite-interest-rate-jittersAustralian Homes Poised for Peak Performance in 2024, Despite Interest Rate JittersAustralian house prices are on track to break records this year, defying rising interest rates, according to a prediction from the nation's biggest bank. Buckle up, potential buyers, because 2024 could be a banner year for the property market.urn:store:1:news:blog:55http://realsearch.com.au/housing-market-poised-for-price-jump-despite-affordability-woesHousing Market Poised for Price Jump Despite Affordability WoesHold onto your hats, potential homeowners! While house prices remained relatively flat in January, experts warn 2024 could see them skyrocket again, despite affordability concerns reaching historic lows.urn:store:1:news:blog:54http://realsearch.com.au/ku-ring-gai-residents-clash-with-state-government-high-density-housing-battle-heats-up Ku-ring-gai Residents Clash with State Government: High-Density Housing Battle Heats UpA wave of discontent is washing over Ku-ring-gai, as residents and the local council prepare to lock horns with the State government over its proposed high-density housing plan. The plan, which would significantly increase development around railway stations, has sparked outrage amongst locals who fear it will irrevocably alter the character of their leafy suburb.urn:store:1:news:blog:53http://realsearch.com.au/first-home-buyer-nswFirst Home Buyer - NSWAs a first home buyer in NSW, you may be eligible for a duty exemption, concession and/or a grant.urn:store:1:news:blog:52http://realsearch.com.au/australian-housing-wealth-increase-expected-to-continue-in-2022Australian housing wealth increase expected to continue in 2022The Australian Bureau of Statistics (ABS) data showed that the total value of Australia’s housing hit an all-time high of $9.26 trillion in 2021urn:store:1:news:blog:51http://realsearch.com.au/new-home-guaranteeNew Home GuaranteeEligible first home buyers can apply for a loan to either build or purchase an eligible property through a participating lender, up until 30 June 2022.  urn:store:1:news:blog:49http://realsearch.com.au/reserve-bank-keeps-unprecedented-low-cash-rateReserve Bank keeps unprecedented low cash rate The Reserve Bank of Australia will keep its unprecedented low cash rate on hold but could move sooner than 2024 urn:store:1:news:blog:48http://realsearch.com.au/apra-increases-banks-loan-serviceability-expectations-to-counter-rising-risks-in-home-lendingAPRA increases banks’ loan serviceability expectations to counter rising risks in home lendingThe Australian Prudential Regulation Authority (APRA) told banks to increase the minimum interest rate they use when assessing a new borrower’s ability to meet their loan repayments. The new interest rate is at least 3.0 percent above the usual loan rate. This means that some future applicants will borrow less money. APRA’s objective is to ensure that mortgage lending is conducted on a prudent basis, and that borrowers are well-equipped to service their debts under a range of scenarios.  urn:store:1:news:blog:47http://realsearch.com.au/reopeningnswReopening NSW The NSW Govt has announced changes to the road map this week, which means that if you’re fully vaccinated or have a medical exemption, you can do even more from Monday 11 October.urn:store:1:news:blog:46http://realsearch.com.au/60-day-freeze-on-evictions-ends-11-september-202160 day freeze on evictions ends 11 September 2021 Eligible residential tenants impacted by COVID-19 who can’t meet their residential rent payments are protected from eviction until 11 September 2021. After September 11, landlords can take termination action for rent arrears if their tenant have not entered into an agreement with them to vary their rent. urn:store:1:news:blog:45http://realsearch.com.au/tenants-and-landlords-in-sydney-get-financial-support-extensionTenants and landlords in Sydney get financial support extensionAs the lockdown continues across Sydney, landlords are able to access support for rent reductions granted to their tenants over the two months from July 14. The financial support by the NSW government is capped at the amount of rent reduction that is passed onto their tenants, or $3000, whichever is lower.urn:store:1:news:blog:44http://realsearch.com.au/new-restrictions-are-now-in-place-for-all-of-nswNew restrictions are now in place for all of NSWThe whole of NSW is now under "stay at home" orders. You must stay at home unless you have a reasonable excuse to leave. You cannot have visitors to your home, including family and friends. Please follow the rules and stay at home. NSW has had a significant increase in COVID-19 community transmissions!urn:store:1:news:blog:43http://realsearch.com.au/rba-optimistic-on-a-rebound-after-lockdownRBA optimistic on a rebound after lockdownCovid-19 across the country is causing concern. Almost 16 million Australians were in lockdown recently, which suggested possible economic consequences, yet house prices around Australia have continued to increase.urn:store:1:news:blog:42http://realsearch.com.au/brisbane-to-host-2032-olympicsBrisbane to host 2032 Olympics!Brisbane won the bid to host the 2032 Olympics, which should give home buyers and investors some strong property gains. urn:store:1:news:blog:41http://realsearch.com.au/mortgage-now-cheaper-than-renting-on-362-of-australian-propertiesMortgage now cheaper than renting on 36.2% of Australian properties The CoreLogic Quarterly Rental Review for June suggests that paying a mortgage is now cheaper than paying rent on approximately 36% of Australian properties. This is higher than before COVID which was approximately 33%. urn:store:1:news:blog:40http://realsearch.com.au/tenants-in-nsw-to-receive-60-days-protection-from-eviction-during-the-covid-outbreakTenants in NSW to receive 60 days protection from eviction during the COVID outbreakTenants across NSW will receive a 60-day eviction ban, while both residential and commercial landlords can apply for financial assistance to reduce their tenants’ rental payments.urn:store:1:news:blog:39http://realsearch.com.au/nsw-covid-19-lockdown-has-been-extended-for-until-midnight-friday-16-julyNSW COVID-19 lockdown extended until midnight Friday 16 JulyThe NSW Government has extended the COVID-19 lockdown. COVID-19 is spreading fast. So Stay safe, and stay at home. Restrictions are up to 11.59pm Friday 16 July From 6pm on Saturday 26 June to 11.59pm Friday 16 July, the stay at home direction applies to people who live in, usually work in, or usually attend a university or other tertiary education facility in Greater Sydney including the Blue Mountains, Central Coast, Wollongong and Shellharbour local government areas. COVID-19 is very serious. It can cause severe illness and death in people of all ages. People with COVID-19 are now in hospital in NSW. Stay at home unless leaving for an essential reason, then: > One member of the household ONLY should leave home to shop for food once each day > You may leave home to seek medical care, exercise, or for essential work and education > You can leave home to get a COVID test or get vaccinated Wear masks indoors. Protect yourself and others. Do not have visitors to your house. Do not have family visitors if they do not live at your house. Everyone in your family should get tested if anyone has COVID-19 symptoms or has come into contact with someone with COVID-19. Existing restrictions remain in place for regional and rural NSW until midnight Friday 16 July. urn:store:1:news:blog:38http://realsearch.com.au/winners-of-the-2021-reia-national-awards-for-excellenceWinners of the 2021 REIA National Awards for ExcellenceThe Real Estate Institute of Australia [REIA] has announced the winners of the 2021 REIA National Awards for Excellence presented by realestate.com.au urn:store:1:news:blog:37http://realsearch.com.au/commonwealth-bank-cba-increases-its-long-term-fixed-interest-ratesCommonwealth Bank (CBA) increases its long-term fixed-interest ratesThe cost of long term money for banks is rising. This suggests that longer fixed-term loans to consumers are already increasing. However, a small group of lenders has continued to offer the low rates from last year.urn:store:1:news:blog:36http://realsearch.com.au/finalists-for-the-reia-national-awards-for-excellence-2021Finalists for the REIA National Awards for Excellence 2021Real Estate Institute of Australia (REIA) have announced the finalists for the REIA National Awards for Excellence 2021 which is being presented by realestate.com.auurn:store:1:news:blog:35http://realsearch.com.au/federal-budget-2021-22-real-estateFederal Budget 2021-22 : Real EstateThe federal government has announced its Budget for the 2021–22 financial year. Family Home Guarantee program will help single parents buy a home, New Home Guarantee program, New Home Guarantee program, First Home Super Saver Scheme (FHSSS), Downsizer contribution to super.urn:store:1:news:blog:34http://realsearch.com.au/reia-national-awards-for-excellence-2021-to-be-held-in-the-top-endREIA National Awards for Excellence 2021 to be held in the Top EndRealbot.com.au [realbot] is proud to be a supporting partner of the 2021 Real Estate Institute of Australia (REIA) National Awards for Excellence which will be held in Darwin on 9 – 10 June 2021.urn:store:1:news:blog:33http://realsearch.com.au/no-interest-rate-hike-before-2024No interest rate hike before 2024The Reserve Bank of Australia governor Philip Lowe made it clear that recent speculation in financial markets that some central banks, including in Australia, may increase rates earlier than expected, was not an expectation that the RBA shared.urn:store:1:news:blog:32http://realsearch.com.au/home-owners-pressured-by-banks-to-make-up-for-loan-deferrals-caused-by-covid-19Home-owners pressured by banks to make-up for loan deferrals caused by Covid-19People are advised to speak with their bank if they are in financial difficulty. If they are unhappy with the bank’s response then they should make a complaint to the Australian Financial Complaints Authority and call the National Debt Helpline.urn:store:1:news:blog:31http://realsearch.com.au/sign-up-for-the-free-trial-that-helps-agents-to-grow-their-leads-realbotSign Up for the FREE TRIAL that Helps Agents to Grow their Leads - RealBotRealBot.com.au has introduced the world’s first automated virtual Digital Assistant platform for the real estate market headquartered in Sydney - realbot. It won’t replace your best agents. But it will help to grow their leads through both efficiency and a more effective customer experience. Sign Up for the Free Trial Now!urn:store:1:news:blog:30http://realsearch.com.au/a-new-digital-assistant-that-helps-real-estate-agents-grow-their-leads-realbotA new digital assistant that helps real estate Agents grow their leads - REALBOTRealBot is an automated digital assistant to help Agents grow their leads through both efficiency and a more effective customer experience. It’s built for real estate agents and is intuitive, clear, and easy to use. RealBot transcends a standard chatbot. It was built with real estate agents in mind. It offers a customer engagement platform built to turn customer contact into enterprise value.urn:store:1:news:blog:29http://realsearch.com.au/reserve-bank-awaiting-the-impact-of-its-monetary-policyReserve Bank awaiting the impact of its monetary policyThe Reserve Bank of Australia is waiting to see the impact of its monetary policy on the Australian economy. Indicators suggest economic recovery is running at a faster pace than had been forecast. This means that home buyers are responding to the unprecedented levels of stimulus available.urn:store:1:news:blog:28http://realsearch.com.au/buying-a-house-before-christmas-heats-upBuying a house before Christmas Heats UpIt seems buyer demand has increased to buy a house in Sydney before Christmas and to get kids into school zones, but there are more units than houses to choose from. This has caused some to hold off and save more for a larger entry level house farther away from the city.urn:store:1:news:blog:1http://realsearch.com.au/higher-up-front-stamp-duty-or-lower-annual-property-taxesHigher Up-front Stamp Duty or Lower Annual Property TaxesThe NSW Government says it wants to help the people of NSW achieve the Australian dream of home-ownership and to grow the NSW economy. To achieve this it is starting public consultations on property tax reform where property buyers in NSW could be given the option to pay a smaller annual property tax instead of a larger up-front stamp duty and land tax (where applicable). The smaller amount is a fixed amount plus a rate applied to the unimproved land value of a property.urn:store:1:news:blog:2http://realsearch.com.au/tips-to-reducing-your-air-conditioning-billTips to Reducing your Air Conditioning BillThe beautiful summer months also brings challenges with increased temperatures that increase our energy bill, as we turn on the air conditioning and watch our hard-earned dollars fly out the window! So here are some energy saving tips to help cut air conditioning costs while keeping our homes comfortably cooled without boosting the energy company’s profit margins further!urn:store:1:news:blog:3http://realsearch.com.au/homebuild-grant-2020-for-renovationsHomebuild grant 2020 for Renovations31 December 2020 is the deadline for applications for the Homebuild grant to eligible owner-occupiers to build a new home, substantially renovate an existing home or buy an off the plan home/new home. So if you are thinking to renovate a room or two then there is a tool to help you get a better understanding of the total costs associated with your renovation objectives.urn:store:1:news:blog:4http://realsearch.com.au/nsw-moratorium-on-evictions-extendedNSW moratorium on evictions extendedThe NSW moratorium on evictions was extended and will end on 26 March 2021. It does not apply to social housing tenants.urn:store:1:news:blog:5http://realsearch.com.au/virtual-tours-offering-buyers-and-renters-a-way-through-covid-19-restrictionsVirtual tours offering buyers and renters a way through Covid-19 restrictionsVirtual tours is a useful technology during COVID-19 restrictions. It also offers a convenient and viable future option for real estate sales.urn:store:1:news:blog:6http://realsearch.com.au/cheaper-rates-unlock-up-to-8900-in-annual-mortgage-savingsCheaper rates unlock up to $8900 in annual mortgage savingsNow could be a good time to check Refinancing options. Especially Sydney's homeowners, who currently have the most mortgage debt in the country, who would save an average of about $740 per month by refinancing. This is good news for homeowners in Marsden Park and surrounding areas.urn:store:1:news:blog:7http://realsearch.com.au/covid-19-is-pushing-property-valuers-to-innovateCovid-19 is pushing property valuers to innovateIn this uncertain environment with COVID-19, Australian valuation firms are finding new ways to strengthen their businesses for the future.urn:store:1:news:blog:8http://realsearch.com.au/an-estimated-4-out-of-5-australians-are-currently-under-insuredAn estimated 4 out of 5 Australians are currently under insuredAn estimated 4 out of 5 Australians are currently under insured. This can leave them in a vulnerable position, especially from disasters that include a storm, flood, bushfire, earthquake or house fire. They could be left out of pocket when they need to make a claim and the cost to rebuild their property is higher than the sum the property was insured for.urn:store:1:news:blog:9http://realsearch.com.au/impact-of-covid-19-on-rentersImpact of COVID-19 on RentersRecent research reveals that Australian renters have been forced to tap into their savings and superannuation and even skip meals just to afford the roof over their heads during COVID-19.urn:store:1:news:blog:10http://realsearch.com.au/rba-says-extended-travel-restrictions-could-hit-inner-city-property-pricesRBA says extended travel restrictions could hit inner-city property pricesThe RBA says the lack of huge amounts of international students coming into Sydney has caused vacancy rates of short-term rentals to grow. A long period of vacancy without rental income could lead to property owners being unable to service their mortgages. Fortunately, Marsden Park is not known for short-term rental properties so the decrease in demand from international tourists and domestic business travellers should have little impact on its property prices, which have remained stable thus far, during the pandemic.urn:store:1:news:blog:11http://realsearch.com.au/first-home-loan-deposit-scheme-amidst-a-looming-recession-and-growing-job-instabilityFirst Home Loan Deposit Scheme amidst a looming recession and growing job instabilityFirst-home buyers have been utilising the government scheme introduced in January that allows singles and couples to borrow up to 95 per cent of a property’s purchase price without having to pay lenders mortgage insurance. And with less than $30,000 saved! But this comes at a cost! Those looking to borrow the maximum under the federal government’s First Home Loan Deposit Scheme need to be aware of the cost with the looming recession and growing job instability under the current pandemic.urn:store:1:news:blog:12http://realsearch.com.au/rents-in-sydney-holding-steady-in-the-middle-and-outer-regionsRents in Sydney holding steady in the middle and outer regionsThe recent Domain Rent Report says that Sydney unit rents are at their cheapest in six years, but houses are becoming more expensive.urn:store:1:news:blog:13http://realsearch.com.au/calls-to-axe-stamp-dutyCalls to Axe Stamp DutyMany experts, industry figures and even some politicians are calling to axe the unpopular stamp duty tax.urn:store:1:news:blog:14http://realsearch.com.au/sydney-auction-clearance-rate-risesSydney Auction Clearance Rate RisesSydney Auctions rose slightly and is set to overtake recent figures from two weeks ago.urn:store:1:news:blog:15http://realsearch.com.au/pets-are-now-allowed-in-sydney-apartmentsPets are now allowed in Sydney apartmentsThe NSW Court of Appeal overturned the right of apartment blocks to pass bylaws that prohibit animals. So pets are now allowed in Sydney apartments.urn:store:1:news:blog:17http://realsearch.com.au/something-to-consider-if-youre-thinking-of-reselling-your-house-or-unitSomething to Consider if you’re thinking of Reselling your house or unitIn Sydney, says the CoreLogic Pain and Gain report, 89 per cent of properties resold for a profit and 11 per cent resold for a loss over the June 2020 quarter.urn:store:1:news:blog:20http://realsearch.com.au/first-home-loan-deposit-scheme-fhlds-nsw-2765First Home Loan Deposit Scheme (FHLDS) NSW 27653 October 2020: The Australian Government announced that an additional 10,000 First Home Loan Deposit Scheme places will be provided from 6 October 2020. This is to support the purchase of a new home or a newly built home. This includes Marsden Park, NSW 2765. More information will be available on the NHFIC website from Tuesday 6 October 2020.urn:store:1:news:blog:21http://realsearch.com.au/marsden-park-school-optionsMarsden Park School OptionsMarsden Park is an ideal neighbourhood to live in and offers K–12 [kindergarten to 12th grade] learning in both Public and Private schools. This caters for the educational needs of the growing community and its surrounds. This also includes high quality early education and care for children 6 weeks to school age.urn:store:1:news:blog:22http://realsearch.com.au/escape-inner-city-hustle-and-bustle-at-marsden-park-nsw-2765Escape inner city hustle and bustle at Marsden Park NSW 2765Marsden Park is a suburb in the Blacktown local government area 49 kilometres north-west of the Sydney central business district, in New South Wales, Australia. It's part of the North West Growth Area. With up to 10,300 new stylish homes it has local amenities close to transport options. Its stylish new homes are in a brilliant location where you can escape the inner city hustle and bustle rush but still close enough to everything you need.urn:store:1:news:blog:23http://realsearch.com.au/reserve-bank-holds-official-interest-rate-at-025Reserve Bank holds official interest rate at 0.25%The Reserve Bank of Australia governor Philip Lowe confirmed in a Media Release 1 September 2020 that official rates would remain at 0.25%. This is expected to boost buyer activity despite the economic fallout caused by the coronavirus pandemic. At its 1 September monthly meeting, “the Board decided to maintain the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. It also decided to increase the size of the Term Funding Facility and make the facility available for longer”urn:store:1:news:blog:25http://realsearch.com.au/coronavirus-melbourne-suffers-worst-home-value-losses-in-nationCoronavirus: Melbourne suffers worst home value losses in nationCoronavirus has hit Melbourne’s property values harder than any other capital city in the country.urn:store:1:news:blog:26http://realsearch.com.au/sydney-housing-market-house-prices-fall-in-may-as-coronavirus-hits-local-marketHouse prices fall in May as coronavirus hits local marketSydney dwelling values have recorded their first month-on-month decline in almost a year.