by Sanjeev Sah | Aug 20, 2024 | Market update
by Sanjeev Sah | Aug 20, 2024 | Market Updates Australia’s ongoing rental crisis is fueling fierce competition among renters; in some suburbs, homes are being leased in just a few days, according to PropTrack. In June, the combined capital city vacancy rate was only...
by Sanjeev Sah | Aug 13, 2024 | Market update
by Sanjeev Sah | Aug 13, 2024 | Market Updates It is never too early or too late to become a property investor; in fact, 83% of new property investors in 2023 were aged between 27 and 68, according to recent data from CommBank. Millennials (born 1981 to 1996) are the...
by Sanjeev Sah | Aug 6, 2024 | Market update
by Sanjeev Sah | Aug 06, 2024 | Market Updates The number of people investing in housing appears to be growing, according to the latest lending data from the Australian Bureau of Statistics (ABS). Between May 2023 and May 2024, the number of new loan commitments for...
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...
