August Newsletter 2023
Spring is just around the corner and that means the busiest period for the real estate industry is almost here. So, what’s been happening in the property world of late? The Reserve Bank of Australia (RBA) left the cash rate on hold again this month at 4.1 per cent. Meanwhile, Australia’s housing values are still […]
July Newsletter 2023
Some positive news for homeowners this month, with the Reserve Bank of Australia (RBA) deciding to keep the cash rate on hold at 4.1 per cent. Meanwhile, Australia’s housing values moved through a fourth month of recovery in June. Property prices continued to climb in most markets, with CoreLogic data showing a 1.1 per cent rise in national property values […]
June Newsletter 2023
Australia’s winter housing outlook is improving, with rising property prices and stronger market conditions. Since February, we have seen three consecutive months of positive growth in housing values due to a significant imbalance between supply and demand. This month, experts warned that if property prices continued to grow as they have in recent months, we may see […]
May Newsletter 2023
Winter is coming, but for many investors, it’s a time to celebrate about the sizzling rental property market. According to CoreLogic, Australia’s capital cities recorded the strongest annual rental increase in history. In the year to April 2023, the combined capitals saw an annual rental increase of 11.7%, which was a new record. The increase has […]
April Newsletter 2023
Winter Is Coming, But For Many Investors, It’s A Time To Celebrate About The Sizzling Rental Property Market. According to CoreLogic, Australia’s capital cities recorded the strongest annual rental increase in history. In the year to April 2023, the combined capitals saw an annual rental increase of 11.7%, which was a new record. The increase has […]
March Newsletter 2023
Autumn has arrived – the second-busiest time of the year in the property world. For buyers looking to make the most of lower property prices, there are opportunities to be found. This month, the Reserve Bank of Australia (RBA) put up interest rates again – but there are signs that a cash rate pause could be on […]
November Newsletter
Household budgets are feeling the pinch of a seventh successive rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to 2.85 per cent this month, prompting some lenders to increase their variable rates by 0.25 percentage points. Home values are predicted to decline by as much as 20 per cent, losing much […]
October Newsletter
Household budgets are feeling the pinch of yet another rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to 2.6 per cent, prompting some lenders to increase their variable rates by 0.25 percentage points. Meanwhile, home values continued to fall across much of the country last month, but September saw the smallest drop […]
August Newsletter
Another month, another cash rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to a six-year high of 1.85 per cent in August, prompting some lenders to increase their variable rates by 0.5 percentage points. Meanwhile, nationally home values are falling at the fastest pace since the 2008 global financial crisis (GFC). CoreLogic […]
July Newsletter
For the third month in a row, the Reserve Bank of Australia (RBA) increased the cash rate in July to 1.35 per cent. Several lenders moved swiftly, passing on the latest RBA cash rate increase to borrowers. Meanwhile, property prices in some markets continue to fall. Sydney and Melbourne home values have been trending lower for several months, […]