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Market Update-27-June-23

Market Update-27-June-23

by Sanjeev Sah | June 27, 2023 | Market Updates You might be wondering how many Australians invest in property.   Well, the most recent data from the Australian Taxation Office shows 14.8% of Australia’s 15.1 million taxpayers held an investment property in the...
Market Update-20-June-23

Market Update-20-June-23

by Sanjeev Sah | June 20, 2023 | Market Updates PropTrack’s recent market insights report found new rental listings fell 18.9% from March to April, the largest monthly decrease since 2017.   As the table below shows, the challenging conditions for tenants are...
Market Update-13-June-23

Market Update-13-June-23

by Sanjeev Sah | June 13, 2023 | Market Updates With annual inflation tracking at 7.0% over the March quarter, the cost of living continues to soar.   This, in turn, means the cost of a ‘comfortable’ retirement is getting more expensive, according to the Association...
Market Update-06-June-23

Market Update-06-June-23

by Sanjeev Sah | June 06, 2023 | Market Updates Louis Christopher, SQM Research managing director, has declared the rental crisis “over” in Canberra after the city’s vacancy rate rose to 2.0% in April.  As the table below shows, that’s significantly higher than the...
Market Update-30-May-23

Market Update-30-May-23

by Sanjeev Sah | May 30, 2023 | Market Updates Australia’s housing supply crisis could get worse after the number of building approvals fell to 11-year lows over the first quarter of 2023, according to the Housing Industry Association.   Both approvals for detached...
Market Update-23-May-23

Market Update-23-May-23

by Sanjeev Sah | May 23, 2023 | Market Updates Tasmania has replaced Queensland as the nation’s best-performing economy, according to the latest CommSec State of the States report.  It’s the 11th time in just three years that Tasmania has topped the ranking and comes...