by Sanjeev Sah | May 23, 2024 | Business, Property Investment
PropTrack’s March 2024 report indicated an annual increase of 9.1% in advertised rent. This was the first time in two years that this statistic was below 10.0%. But while there are signs of a slight slowdown, Australia’s rental market is unlikely to experience a...
by Sanjeev Sah | May 21, 2024 | Market update
by Sanjeev Sah | May 21, 2024 | Market Updates Recent Australian Bureau of Statistics data shows that annual rental inflation jumped 7.8% in the March 2024 quarter, the sharpest increase in 15 years. By contrast, the general inflation rate fell to 3.6%, its lowest...
by Sanjeev Sah | May 15, 2024 | Business, Property Investment
Australia’s inflation rate is on the decline, dropping from 5.2% in October to 3.4% in February 2024 according to the Australian Bureau of Statistics. Other than having an impact on the everyday cost of living, why is inflation important for homebuyers? Well, for...
by Sanjeev Sah | May 14, 2024 | Market update
by Sanjeev Sah | May 14, 2024 | Market Updates Australia’s home values reached new highs after 10 price records were shattered in the March quarter, according to Domain. These include: * Sydney’s house prices crossing the $1.6 million mark for the first...
by Sanjeev Sah | May 7, 2024 | Market update
by Sanjeev Sah | May 07, 2024 | Market Updates Australian Bureau of Statistics lending data shows the value of new loan commitments for housing surged 13.3% to $26.4 billion over the year to February. This increase was largely fuelled by a 21.5% rise in loans to...
