LJ Hooker

LJ Hooker | October 24, 2016

The sustained growth in house prices in the major east coast metropoltain markets is creating a housing affordability crisis that can no longer be continue to ignored by both state and federal political leaders. The average house price now costs 12 times the average salary (20 years ago this with only four times) and with minimal real wage growth and massive house price growth, this is even greater in markets like central Sydney and Melbourne. The long speculated house price bubble in these mark...

LJ Hooker | October 05, 2016

LJ Hooker Claremont | Dalkeith has been appointed to sell Western Australia’s highest profile residential address. Following the demolition of prominent business couple Pankaj and Radhika Oswal’s unfinished mansion in Peppermint Grove, the site will offer an unprecedented 6,582sqm in the riverfront enclave. Leading WA real estate agent and Principal of LJ Hooker Claremont | Dalkeith Vivien Yap is co-ordinating an Expression of Interest campaign for the river-view site, which could be...

LJ Hooker | November 01, 2016

In August, this year, FHBs represented 13.4% of all properties approved for finance by lenders. A decade earlier, the portion of first time purchasers was 17.2%. Head of Research at LJ Hooker Mathew Tiller said: “In May 2009, when the economy was still dealing with the impacts of the GFC, First Home Buyer representation was at its highest (31.4%) following the Federal Government’s First Home Owners Boost stimulus....

LJ Hooker | July 18, 2016

The nation’s decision to re-elect Malcolm Turnbull’s coalition government for another term will have a positive effect on the Australian property market as consumer confidence returns and properties begin to hit the market. Australians have been sitting on their hands while waiting to see the outcome of the historically long federal election before making a decision to list. This has seen eastern seaboard markets record extremely low levels of listings....