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Market Update-10-Oct-23

Market Update-10-Oct-23

by Sanjeev Sah | Oct 10, 2023 | Market Updates Australia’s population has hit 26.5 million after growing 2.2% in the year to March 2023, according to recent Australian Bureau of Statistics (ABS) data   The increase was driven by a post-pandemic migration boom, with...
Market Update-03-Oct-23

Market Update-03-Oct-23

by Sanjeev Sah | Oct 03, 2023 | Market Updates What a difference a year makes.  In August 2022, CoreLogic data revealed national property prices were falling at the fastest rate since the 1980s.  But fast forward to August 2023 and the story is very different, with...
Market Update-26-Sep-23

Market Update-26-Sep-23

by Sanjeev Sah | Sep 26, 2023 | Market Updates The Australian Taxation Office (ATO) has advised landlords to take extra care when lodging their tax return this year.  ATO assistant commissioner Tim Loh said that the tax office often saw errors, such as rental income...
Market Update-19-Sep-23

Market Update-19-Sep-23

by Sanjeev Sah | Sep 19, 2023 | Market Updates Australian home prices increased by 0.8% in August compared to July, marking the sixth consecutive monthly rise of CoreLogic’s national home value index.   As a result, dwelling values are now up 4.9% ($34,000) since...
Market Update-12-Sep-23

Market Update-12-Sep-23

by Sanjeev Sah | Sep 12, 2023 | Market Updates Australia’s rental markets were extremely tight in July, with the national vacancy rate holding steady at 1.3%, according to SQM Research.   Looking at the capital cities:  * Darwin was the only one to see a rise in...
Market Update-05-Sep-23

Market Update-05-Sep-23

by Sanjeev Sah | Sep 05, 2023 | Market Updates It looks like it’s going to be a busy spring for Australia’s two biggest property markets, with PropTrack reporting new listings are finally on the up in Sydney and Melbourne.   Both cities saw more properties...