Australian rent values have increased 24.1% between the start of an upswing in September 2020, to February 2023. On the surface, it would appear to be the perfect storm for property investors. The pace of monthly rent increases is accelerating, the monthly vacancy rate nationally slipped back to 1.0% in February, and the count of…
As the nation settles into its post-pandemic reality, a host of challenges have arisen – and one of the big ones has been trying to house our population. A look across metrics described the way rental and homeownership stress have become entrenched. Renters are in dire need of places to stay at reasonable price levels,…
Australia’s population distribution among major cities has shifted significantly over the past 67 years as the economy has adapted to a new era of working and living – fast forward to the future and things will look different again. Bernard Salt, managing director of The Demographics Group, wrote a column for The Australian pulling together…
Home prices have lifted in March according to PropTrack who believe the end of interest rate rises are in sight. Proptrack Senior Economist Eleanor Creagh explained that limited supply, along with strong migration and higher rents, are underpinning property values. The Australian housing market has experienced significant changes in recent times, with home prices exhibiting…
You can’t escape the headlines that remind us property markets around Australia are in the adjustment phase of the cycle where prices are falling. So, is this the leg-up first home buyers so desperately need, to get themselves onto the property ladder at last? Is it the perfect time to trade up from your current…
The combination of declining property prices, greater interest rates on savings, and rising wages have resulted in a shorter duration for a couple to save up for an entry-level deposit in Australia. In fact, the latest data from Domain’s annual First Home Buyer Report revealed that first-home buyers’ time to save for a house deposit…
Find out how much you can borrow and what your repayments might be: Before you start hunting for your investment property and the perfect home it’s best to get an indication of what you can borrow to make the dream a reality. But let’s first look at everything you need to know about our home…
The number of suburbs where it’s cheaper to buy than rent has been slashed in the past year, due to a record number of rate hikes that have outpaced skyrocketing rents. CoreLogic’s analysis of 3,904 house and unit markets nationally found for houses, just 9.1% of suburbs were cheaper to buy than rent, down from…
The upcoming Reserve Bank cash rate decision is a close call, but the latest inflation figures may be enough to prompt the RBA to hit the brakes next Tuesday. In Australia, inflation is moving in a positive direction, with February’s annual figures at 6.8%, down from 7.4% the previous month and 8.4% in December, according…
The ABS released its monthly inflation gauge, and it showed inflation dropping sharply from 7.4 per cent to 6.8 per cent in February. This was way under market estimates and confirms inflation as well down from 8.4 per cent last year. After an implied -0.4 per cent last month, the monthly inflation figure was only…
