by Sanjeev Sah | Aug 30, 2024 | Business, Property Investment
The Reserve Bank of Australia’s (RBA) decision to keep the cash rate unchanged in August was largely anticipated, but expectations of a rate cut later this year are increasingly fading. The RBA uses the cash rate to keep consumer price inflation (CPI) within its...
by Sanjeev Sah | Aug 9, 2024 | Business, Property Investment
The forecasts for the next 12 months in the property market are out and it seems the price increases are set to continue. For the 2024-25 financial year, Domain has predicted prices will continue to climb. National house prices are expected to see up to 6% growth...
by Sanjeev Sah | Jul 24, 2024 | Business, Property Investment
Home prices are climbing, particularly in capital cities where they were up 8.8% in the 12 months to May, according to CoreLogic. At the same time, around 90% of employers have implemented mandatory in-office days, according to recruitment agency Robert Half. This...
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...