How does the current downturn, compare to previous downturns? In aggregate, property values throughout Australia have been falling for about 20 months. Some markets are performing better than others, and there are of course many ‘markets within markets’, but the sharpest declines have been in Melbourne and Sydney. Over the past 40 years, national housing […]
Is now a good counter-cyclical opportunity to buy property?
The near-perfect application?
Article by Patrick Lynch, Head of Operations Does the perfect application exist and how quickly can an application move through the process from lodgement to settlement? In the current Lending environment, we think 15 days for a refinance (no escalations) is extraordinary. So how did this one happen? It has to start with the applicant, […]
Buyers are back
Since the Coalition hung onto power, and regained its majority, there has been a noticeable change in sentiment around property. At Long Property, our volume of enquiry has picked up c 30% since the election, mainly from prospective buyers who were previously taking the ‘wait and see’ approach. We’ve found these clients more eager now […]