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Market Update-30-Apr-24

Market Update-30-Apr-24

by Sanjeev Sah | Apr 30, 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-23-Apr-24

Market Update-23-Apr-24

by Sanjeev Sah | Apr 23, 2024 | Market Updates Australian household wealth grew by 2.8% or $419 billion in the last quarter of 2023, according to the Australian Bureau of Statistics (ABS).  This growth, seen for the fifth straight quarter, brought total household...
Market Update-16-Apr-24

Market Update-16-Apr-24

by Sanjeev Sah | Apr 16, 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-26-Mar-24

Market Update-26-Mar-24

by Sanjeev Sah | Mar 26, 2024 | Market Updates To start your journey as a property investor, consider these four questions:  What is your end goal? Effective property investors have a clearly defined strategy that helps them envision their goals and desired outcomes....
Market Update-19-Mar-24

Market Update-19-Mar-24

by Sanjeev Sah | Mar 19, 2024 | Market Updates Australia’s rental vacancy rate fell to an all-time low of 0.7%, according to Domain.  Several capital cities have reached new lows or decreased back to their previous lows:   * Sydney fell to a new record of 0.8%...
Market Update-12-Mar-24

Market Update-12-Mar-24

by Sanjeev Sah | Mar 12, 2024 | Market Updates During the September quarter of 2023, the average price of residential land in Australia hit a record-breaking $340,000, according to the latest Housing Industry Association (HIA) and CoreLogicresidential land report.  ...