Why rents keep going up and up

Why rents keep going up and up

The nation’s median rent rose another 8.3% in 2023, following increases of 9.5% in 2022 and 9.6% in 2021, according to CoreLogic.  What is driving such strong rental growth?   The answer is strong demand from tenants coupled with an undersupply of rental properties. ...
Market Update-06-Feb-24

Market Update-06-Feb-24

by Sanjeev Sah | Feb 06, 2024 | Market Updates Since the pandemic, asking rents in most Australian capital cities have risen significantly faster than wages, according to a new Domain analysis.   While advertised rents initially fell in 2020 when the international...
Market Update-30-Jan-24

Market Update-30-Jan-24

by Sanjeev Sah | Jan 30, 2024 | Market Updates Is it better to invest in property or shares?  Actually, both can be excellent investments. And, for the sake of diversification, it might be prudent to invest in both asset classes.  If you’re like most Australians,...
Market Update-23-Jan-24

Market Update-23-Jan-24

by Sanjeev Sah | Jan 23, 2024 | Market Updates House prices outperformed unit prices in 2023 (see graph), according to PropTrack, which should come as no great surprise.  Historically, house prices have grown faster than unit prices. That’s because land generally...
Market Update-16-Jan-24

Market Update-16-Jan-24

by Sanjeev Sah | Jan 16, 2024 | Market Updates If you’d like to buy an investment property in 2024 but don’t have enough cash saved for a deposit, there might be another way.  You might be able to ‘cash out’ the equity in your owner-occupied home and use that to pay...