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Proptech Companies
A comparison website based in Sydney, Australia.

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Company News

Home loans among top complaints AFCA received in 2023

Home building insurance and home loans top record-breaking AFCA complaints

The total of 102,790 complaints from consumers and small businesses was a 23% increase from 2022, an unsustainable metric says AFCA CEO.
Australian downsizers plan to downsize this year.

Top Australian downsizing locations revealed

Property Credit’s report reveals 12 locations across NSW, Queensland and Tasmania replete with opportunities for downsizers.
philip lowe rba

RBA holds the cash rate at 4.10%

The Reserve Bank of Australia (RBA) has decided to leave the cash rate unchanged at 4.10% largely due to inflation slowing down.
how long does a pre approval take

How long does a home loan pre-approval take?

Home loan pre-approval typically takes three weeks, with larger banks taking longer
atm deposit machine

Here’s how much you need for a house deposit

Home deposits are typically 20%, but there are cases where you can pay less and avoid lenders mortgage insurance
interest rates on hold at 4.10 per cent for july 2023

Australian property market confidence restored as RBA keeps interest rates at 4.10%

Residential real estate sees moods lift, but it is a mixed and cautious reaction for commercial real estate.
philip lowe rba

Interest rates on hold again: RBA leaves official cash rate at 4.10%

This is the second pause since April 2023.
banks cut borrowing rates but cash rate unknown as yet

Mortgage stress to remain even if the cash rate stays at 3.6%

Buyers are potentially shelling out over 40% of their before-tax income on mortgage repayments
first-home-buyers-take-over-a-year-to-buy-feature

One in five first home buyers are taking over a year to buy their first home

Almost one in five first-home buyers are taking a year to secure their first property
first homebuyers blow budget

1 in 3 first home buyers blow their budget

Buyers in New South Wales revealed to be the worst offenders, although 39% spend 3-6 months on the home buying process

Featured News

A strong economy equals a strong property market

Strong state economies like WA and SA continue to drive property price growth and support resilient real estate markets.
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