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Market Update-02-Jul-24

Market Update-02-Jul-24

by Sanjeev Sah | Jul 02, 2024 | Market Updates Australia’s housing supply crisis has seen rents soar while vacancy rates plummet – see image.   In response, the federal government plans to build 1.2 million new homes over the next five years, starting from 1 July...
Market Update-25-Jun-24

Market Update-25-Jun-24

by Sanjeev Sah | Jun 25, 2024 | Market Updates Recent Australian Bureau of Statistics (ABS) data shows a 5.6% increase in new home loan commitments to investors in April compared to March, marking a 36.1% rise over the past year.  As the graph below shows, this is the...
Market Update-18-Jun-24

Market Update-18-Jun-24

by Sanjeev Sah | Jun 18, 2024 | Market Updates Regional markets are growing as rental rates and dwelling values reach new records, according to CoreLogic.  Rental rates rose 6.3% over the 12 months to April, up from 4.9% over the year to January. Comparatively, for...
Market Update-11-Jun-24

Market Update-11-Jun-24

by Sanjeev Sah | Jun 11, 2024 | Market Updates As a property investor, you’ll be interested to see the latest data on what the most popular type of unit and house is among renters.  According to PropTrack, the most sought-after types of houses nationally in the 12...
Market Update-04-Jun-24

Market Update-04-Jun-24

by Sanjeev Sah | Jun 04, 2024 | Market Updates The Housing Industry Association (HIA) has said that the construction of apartment units must double to meet the federal government’s target of facilitating the building of 1.2 million new homes by 2029.  ...