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When will interest rates drop?

When will interest rates drop?

The Reserve Bank of Australia’s (RBA) decision to keep the cash rate unchanged in August was largely anticipated, but expectations of a rate cut later this year are increasingly fading.  The RBA uses the cash rate to keep consumer price inflation (CPI) within its...
Market Update-27-Apr-24

Market Update-27-Apr-24

by Sanjeev Sah | Aug 27, 2024 | Market Updates While national home prices increased 0.08% in July and are now 6.3% higher than a year ago, Perth continues to outperform, according to PropTrack’s latest Home Price Index.  The capital city posted the strongest price...
Market Update-20-Aug-24

Market Update-20-Aug-24

by Sanjeev Sah | Aug 20, 2024 | Market Updates Australia’s ongoing rental crisis is fueling fierce competition among renters; in some suburbs, homes are being leased in just a few days, according to PropTrack.   In June, the combined capital city vacancy rate was only...
Market Update-13-Aug-24

Market Update-13-Aug-24

by Sanjeev Sah | Aug 13, 2024 | Market Updates It is never too early or too late to become a property investor; in fact, 83% of new property investors in 2023 were aged between 27 and 68, according to recent data from CommBank.  Millennials (born 1981 to 1996) are the...
Home prices to continue climbing

Home prices to continue climbing

The forecasts for the next 12 months in the property market are out and it seems the price increases are set to continue.  For the 2024-25 financial year, Domain has predicted prices will continue to climb.   National house prices are expected to see up to 6% growth...