by Sanjeev Sah | Aug 30, 2024 | Business, Property Investment
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...
by Sanjeev Sah | Aug 27, 2024 | Market update
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...
by Sanjeev Sah | Aug 20, 2024 | Market update
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...
by Sanjeev Sah | Aug 13, 2024 | Market update
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...
by Sanjeev Sah | Aug 9, 2024 | Business, Property Investment
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...