how important is internet access when buying a property

How Important Is Internet Access When Buying A Property?

Poor Internet Can Cost You As Much As 20% Of Your Value

How important is internet access when buying a property? I’d say VERY VERY important! Almost as important as water, power and transport.

Think about it.

I work from home a minimum of two or three days a week as a lot of you probably do.

I don’t have a traditional landline phone I use an internet phone so I don’t get phone bills.

All my children need internet access every night for their homework. They don’t even submit hard copy assignments anymore it is all done electronically.

Does better broadband mean higher property prices?

A comprehensive report carried out by the London School of Economics used 15 years of data to examine the impact broadband had on house prices. This showed that on average house prices increased by 3% when broadband speeds doubled. And a study from 2014 suggested that slow broadband could knock as much as 20% off the value of a home. Does better broadband mean higher property prices?

Mortgage arrears at five-year high: Moody’s

Home loan arrears are at the highest levels for five years http://snip.ly/mky1h

home loan arrears

The proportion of Australian residential mortgages more than 30 days in arrears rose to its highest level in five-years, according to Moody’s Investors Service.

Source: Mortgage arrears at five-year high: Moody’s

 

real estate

Property Prices In Queensland Regional Towns Are On The Move

Regional Queensland Is On The Rebound

Property prices in Queensland regional towns are starting to move according to realestate.com.au. Big spending on hospitals, police facilities etc are driving a new boom.

A massive driver of growth from Dept.of Infrastructure alone.

property prices in queensland regional towns

Government projects driving property prices in queensland regional towns