The latest property video from Kevin Turner | 18th September

In this week’s 2 minute property investment news video I talk about some rising figures that property investors should keep an eye on.

Low interest rates aren’t likely to last for much longer – with news interest rates could be about to rise. Early next year could be the point that the Reserve Bank of Australia changes focus from lowering interest rates to lifting them, according to financial comparison website RateCity.

It says the gap between fixed and variable mortgage rates is narrowing, which indicates lenders think rates are close to bottoming out. RateCity says fixed rates usually indicate the market sentiment and are typically one step ahead of the official cash rate. However, there could be one more interest rate cut this year, on Melbourne Cup Day.

Meanwhile, the Sydney auction clearance rate continues to climb. The auction clearance rate recently hit 87.6 per cent, which is easily the best result so far this year.

The average auction clearance rate now sits at 83.2 per cent.. but some suburbs on the central coast, the east and the northwest are actually achieving 100 per cent clearance rates.

Sydney house prices have now increased by seven per cent over the past 12 months, according to RP Data, with the median house price sitting at $680,000… so it’s great news for investors who purchased property 12 months ago but not so great for those trying to enter the market at the moment and I guess it shows that it’s always better to buy counter-cyclical.

Rising stock levels indicate seller confidence. An increase in Australia-wide listings shows sellers are more confident about the property market, according to SQM Research.

Year on year, Australia recorded declines in listings in every capital city besides Brisbane and Darwin. However, stock for sale in Sydney increased by 9 per cent during August, which could indicate sellers are becoming less desperate.

Finally home lending is also on the rise. Home lending rose for the third consecutive month in July, according to the Housing Industry Association.

There were more than 8000 loans to owner-occupiers for the purchase and construction of new homes, which is the strongest result since 2010. The number of loans was also 15 per cent higher than the same time last year.

HIA says it’s a good result but the lack of strong momentum for the construction component over 2013 is still a bit disappointing.


If you’re already an experienced property investor or you want to “fast track” your success…

Here’s your chance to invest 3 powerful days and learn renovation and development strategies that experienced property experts are using around Australia to “manufacture” capital growth and generate strong rental returns, so that they can win in today’s challenging property markets.

Take your property investing to a whole new level by joining me in October at my…
Property Renovations & Development Workshop.


What’s it all about? Click here and find out more.

Maybe now it’s time you stepped up and played in the big league by getting started in property renovations or development.

This is the course where other “experts” who are now teaching got their education.  Click here  find out more and reserve your place

Michael Yardney




Subscribe & don’t miss a single episode of Michael Yardney’s podcast

Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.

Need help listening to Michael Yardney’s podcast from your phone or tablet?

We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.


Prefer to subscribe via email?

Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.

Kevin Turner


Kevin brings together leading authorities on the property market in his weekly Real Estate Talk Podcast. Visit

'The latest property video from Kevin Turner | 18th September' have no comments

Be the first to comment this post!

Would you like to share your thoughts?

Your email address will not be published.


Copyright © Michael Yardney’s Property Investment Update Important Information
Content Marketing by GridConcepts