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...
by Sanjeev Sah | Dec 14, 2023 | Business, Property Investment
In November, the Reserve Bank of Australia (RBA) raised the official cash rate by 25 basis points to reach a 12-year high of 4.35%. While the decision came after a four-month pause, it was widely expected after new RBA governor Michele Bullock said the central bank...
by Sanjeev Sah | Oct 24, 2023 | Business, Property Investment
Australia is grappling with a significant housing supply crisis which is bad news for both renters and potential homeowners. To solve the problem, the federal government has set an ambitious target of facilitating the building of 1.2 million new homes over the five...
by Sanjeev Sah | Sep 28, 2023 | Business, Property Investment
As an investor, deciding what type of investment property to buy depends on your overall goals. Generally speaking, you can opt for a property offering immediate cash flow or one that, though negatively geared, has good long-term growth prospects. Positive cash flow...
by Sanjeev Sah | Sep 8, 2023 | Business, Property Investment
Despite the typical doom and gloom in the media, the property market is in good shape right now for property investors, with prices rising, rents rising and interest rates seemingly at or near their peak. In terms of the sales market, the national median price rose...