by Sanjeev Sah | Jul 23, 2024 | Market update
by Sanjeev Sah | Jul 30, 2024 | Market Updates The rental market has shown some signs of slowing down, according to Domain’s June rental report. In the combined capitals, house rental rates rose over the June 2024 quarter, but at a rate 1.5 times slower than the...
by Sanjeev Sah | Jul 23, 2024 | Market update
by Sanjeev Sah | Jul 23, 2024 | Market Updates Over 2023, the country’s population rose 2.5% to 26.97 million people, according to the Australian Bureau of Statistics. This was driven largely by net overseas migration, which accounted for 84.0% of this growth. That...
by Sanjeev Sah | Jul 16, 2024 | Market update
by Sanjeev Sah | Jul 16, 2024 | Market Updates Property prices are expected to continue rising over the next financial year, according to Domain’s latest forecasts. As the table shows, prices for both houses and units are expected to grow in all capital cities. In...
by Sanjeev Sah | Jul 2, 2024 | Market update
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...
by Sanjeev Sah | Jun 25, 2024 | Market update
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...
by Sanjeev Sah | Jun 18, 2024 | Market update
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...
