by Sanjeev Sah | May 23, 2024 | Business, Property Investment
PropTrack’s March 2024 report indicated an annual increase of 9.1% in advertised rent. This was the first time in two years that this statistic was below 10.0%. But while there are signs of a slight slowdown, Australia’s rental market is unlikely to experience a...
by Sanjeev Sah | May 15, 2024 | Business, Property Investment
Australia’s inflation rate is on the decline, dropping from 5.2% in October to 3.4% in February 2024 according to the Australian Bureau of Statistics. Other than having an impact on the everyday cost of living, why is inflation important for homebuyers? Well, for...
by Sanjeev Sah | Apr 19, 2024 | Business, Property Investment
Rising property prices and high interest rates can make buying an investment property seem out of reach. That’s because lenders generally need you to have a 20% deposit if you want to avoid paying lender’s mortgage insurance. Just saving for this deposit requires...
by Sanjeev Sah | Mar 15, 2024 | Business, Property Investment
With market speculation rife that the Reserve Bank of Australia (RBA) may lower interest rates later in 2024, you might be contemplating whether to buy now or hold off in anticipation of more favourable lending conditions. After all, lower interest rates can...
by Sanjeev Sah | Feb 15, 2024 | Business, Property Investment
The nation’s median rent rose another 8.3% in 2023, following increases of 9.5% in 2022 and 9.6% in 2021, according to CoreLogic. What is driving such strong rental growth? The answer is strong demand from tenants coupled with an undersupply of rental properties. ...
by Sanjeev Sah | Jan 18, 2024 | Business, Property Investment
Some property economists have predicted sustained growth in property prices in 2024, with Domain forecasting an increase nationally of between 5% and 7%. Factors putting upward pressure on the market 1. Population growth Australia’s population grew 2.2% over the...
