The Australian housing market is currently under extreme pressure; with increased rents and low vacancy rates, this market is expected to witness a shortfall of 257,000 homes over the next five years. This has thus placed more pressure on first-time homebuyers and made it increasingly difficult for them to save for their first property. A …
Recent data from CoreLogic’s Housing Chart Pack reveals that property values have fallen in nearly a third of Australian suburbs over the last quarter. Today’s update. Australian Suburbs’ Values Fall in Q2 2024 • Nearly 30% of Australia’s 3,655 suburbs are experiencing price decline, with most decreases concentrated in four major cities. • …
Why Prices Are Rising This Spring and What It Means? Read More »
Today’s update Australian Home Loan Rate Cuts • NAB-owned ubank and CommBank-backed Bankwest have lowered advertised home loan rates by up to 73 basis points. • ING and Macquarie also joined in, slashing variable rates and unveiling a new market-leading fixed rate. • The rate cuts come as new data from the ABS shows …
Good Morning and Hello Everyone. Today’s update. Run Through • Rising rental demand and stabilizing interest rates have re-energized investors in the property market. • Rents in select suburbs cover mortgage repayments, providing positive cash flow. • Regional NSW suburbs like South Lismore and Broken Hill lead in providing additional income. • Victoria’s Carlton …
Want to Make Money? Buy Property in These Areas! Read More »
The property market has rapidly evolved in the post-pandemic era with evolving workplace culture to constantly rising CPI levels, cash rates at decade-high levels, and the influx of overseas immigrants. All of these factors together have contributed to these shifts as we see them now and will continue to influence them in the …
Understanding Property Investment Trends: Key Factors & Insights Read More »
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