Popular on Rezul
- No Limits Method Revolutionizes Neurodivergent Education Through Embodied Cognition - 107
- Corner Property Management Welcomes Seneca Reserve HOA! - 104
- Kaplan Morrell Applauds Passage of Landmark Workers' Compensation Reform in Colorado
- First AI Marketing Platform Built Specifically for Small Businesses Launches Public Beta
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy
- Rediscovered Christopher Lee Recording 'Elenore' Re-Released to Mark 10th Anniversary of His Passing
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach
- Conexwest Expands Single-Phase Cold Storage Lineup: Versatile Solutions for Diverse Temperature Needs
- Honoring Black History, Culture, and Community in Fall River
- Real Estate CEO Launches Explosive New Book After $275,784 Wire Fraud Incident
Similar on Rezul
- Mikel DeFrancesco Named RealTrends Top Realtor in Quincy, Milton & South Shore MA
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- Networking For A Cause - NYC Professionals come together to network for a cause
- "Navigating Florida's New Condo Laws: What Central Florida Owners & Buyers Need to Know"
- Walnut Hills Launches Off-Grid Hempcrete Homes and Eco-Retreat in Western NC
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Nevada Real Estate Agent David Crane Helping Families Find Their Dream Home
- Garden City Realty recognizes top REALTOR®s of the Month and Quarter
- Maui Investment Property Realtor Shares the Wonders of Stargazing on Maui!
- Houston Office Market Report | Q2 2025
Best Time To Spruce Up For Owner Occupier To Capitalise On Equity
Rezul News/10340779
BRISBANE, Australia - Oct. 16, 2017 - Rezul -- Best Time To Spruce Up For Owner Occupier To Capitalise On Equity
Redland's Raine & Horne Cleveland Real Estate says with the property marketing booming and ABS stats showing Aussies have never been wealthier, now is the time for owner occupiers to upgrade their home.
Jan Goetze Co-Principal of Raine & Horne Cleveland, said mortgage lenders are showing real favour to owner-occupiers in the city. "We see a clear front to further price increases (and equity gains)," she said.
"Over the past five years, there has been really good growth in the equity of homes in the Redlands and South East Queensland. The near future will bring more increases and could deliver as much as 8%-10% price rises in the next 12-18 months. That's a substantial upside for owner occupiers who trade up now rather than waiting around."
Jan said people who buy into the myth South East Queensland is not a boom market, will miss out. "Yes, Sydney and Melbourne have seen huge price rises but as always, the market corrected itself with huge price collapses," she said.
More on Rezul News
This hasn't happened in the Redlands and South East Queensland. Growth here has been reasonable and consistent without any major troughs in the market, which means that real estate is working the way that it should. The recent Census figures also showed capital city house prices rose consistently for a fourth quarter … that is good news for owner occupiers in a national market worth $6,6 trillion.
"Owner-occupiers find themselves in a different position with banks keen to win their business and offering favourable rates to do so and it is a good time to capitalise on this. To add value to their existing property, in a sensible way. We are not talking about extravagant flourishes but when people buy a home they are looking for generous outdoor areas, low maintenance gardens, big kitchens, flow from space to space and plenty of parking.
"Today people are busy, traffic is more congested, it takes longer to get places and when they get home, they want to enter their little slice of paradise. So for the owner occupier, it makes sense, while the market grows and their equity grows, to tap into it to make improvements."
More on Rezul News
All round interest rates are currently low which means mortgages are cheap compared to recent years but it's worth bearing in mind that in the future this will lead to rate rises and extra payments.
Owner-occupiers need to do their sums to make sure their mortgage is affordable. Of course, rising equity offsets some of that risk because houses will be worth more tomorrow than they are today.
"South East Queensland is a solid property market for Australia and currently has nothing but growth potential to offer real estate owners", says Jan.
ENDS
http://www.raineandhorne.com.au/cleveland
Redland's Raine & Horne Cleveland Real Estate says with the property marketing booming and ABS stats showing Aussies have never been wealthier, now is the time for owner occupiers to upgrade their home.
Jan Goetze Co-Principal of Raine & Horne Cleveland, said mortgage lenders are showing real favour to owner-occupiers in the city. "We see a clear front to further price increases (and equity gains)," she said.
"Over the past five years, there has been really good growth in the equity of homes in the Redlands and South East Queensland. The near future will bring more increases and could deliver as much as 8%-10% price rises in the next 12-18 months. That's a substantial upside for owner occupiers who trade up now rather than waiting around."
Jan said people who buy into the myth South East Queensland is not a boom market, will miss out. "Yes, Sydney and Melbourne have seen huge price rises but as always, the market corrected itself with huge price collapses," she said.
More on Rezul News
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- Walnut Hills Launches Off-Grid Hempcrete Homes and Eco-Retreat in Western NC
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
This hasn't happened in the Redlands and South East Queensland. Growth here has been reasonable and consistent without any major troughs in the market, which means that real estate is working the way that it should. The recent Census figures also showed capital city house prices rose consistently for a fourth quarter … that is good news for owner occupiers in a national market worth $6,6 trillion.
"Owner-occupiers find themselves in a different position with banks keen to win their business and offering favourable rates to do so and it is a good time to capitalise on this. To add value to their existing property, in a sensible way. We are not talking about extravagant flourishes but when people buy a home they are looking for generous outdoor areas, low maintenance gardens, big kitchens, flow from space to space and plenty of parking.
"Today people are busy, traffic is more congested, it takes longer to get places and when they get home, they want to enter their little slice of paradise. So for the owner occupier, it makes sense, while the market grows and their equity grows, to tap into it to make improvements."
More on Rezul News
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Nevada Real Estate Agent David Crane Helping Families Find Their Dream Home
- Stan Fitzgerald Appointed Acting Press Secretary for Veterans for America First VFAF Georgia State Chapter
All round interest rates are currently low which means mortgages are cheap compared to recent years but it's worth bearing in mind that in the future this will lead to rate rises and extra payments.
Owner-occupiers need to do their sums to make sure their mortgage is affordable. Of course, rising equity offsets some of that risk because houses will be worth more tomorrow than they are today.
"South East Queensland is a solid property market for Australia and currently has nothing but growth potential to offer real estate owners", says Jan.
ENDS
http://www.raineandhorne.com.au/cleveland
Source: RH Cleveland
Filed Under: Real Estate
0 Comments
Latest on Rezul News
- DimHum Launches Revolutionary CrowdShipping Service
- Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
- Infinite Health Introduces Cutting-Edge Regenerative Medicine for Wound Care with Trip Goolsby, MD
- Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
- Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
- Dedeaux Properties Begins Construction on Truck Terminal and Industrial Outdoor Storage Facility
- Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- Paulding County's Old Mill Preserve Now Open to the Public in Georgia
- Kramer Real Estate: The Boutique Brokerage Quietly Taking Over North Texas
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Salazar Heating, Cooling & Plumbing Launches Water Conservation Initiative to Help Santa Fe Homeowners Cut Water Waste
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- Winners Development Corporation Pioneers Skyscraper In South Dallas
- Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
- Robert Michael & Co. Real Estate Team Celebrates Industry Recognition and Showcases Premier Central Florida Listings
- Extreme Exterior Cleaning of Seaside Florida Home Separates Pros from Amateurs
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)