This spring, Australia’s property market is seeing a noticeable uptick in activity as both first-home buyers and investors enter the market in greater numbers. PropTrack’s latest data reveals heightened interest, with significant enquiries in high-demand suburbs. This trend reflects a rising confidence among Australians that now may be the ideal time to buy. A recent …
Cash Rate stays at 4.35% Headline Inflation Drops: False Positives? Headline inflation falls to 2.8% for the Quarter ending September compared to 3.8% for the Quarter ending June which is between the target range of 2 – 3% set by RBA and this must have called for a cash rate cut providing relief to existing …
Indicate Changes in Borrowing Behavior As per the latest ABS data owner-occupier housing increased by 3.5% to $10.4 bn and investor housing decreased by 0.4% to $ 6 bn. The average new home loan size has scaled to an all-time high of $ 642,121. An increase in the average housing loan size and increasing …
Cash Rate Cuts to follow Soon? ABS data reveals Key Insights Latest ABS data has stoked the chatter on one of the most speculated topics of the year: Will RBA implement cash rate cuts any time soon? Latest all groups Inflation data has dropped to the levels of 2.8% which is now within the targeted …
Australians are preferring to stay with their parents to get their leg up the property ladder Increase in Borrowing Capacity: A lot of Australians are exploring the idea of living with their parents which in turn increases their borrowing capacity helping them to own their first property. A growing number of first property investors are …
Did you know “Stay-Vesting” can help you in buying for first home? Read More »
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