First RBA Interest Rate Announcement – February 2020
At its meeting today, the Board decided to leave the cash rate unchanged at 0.75 per cent. The outlook for the global economy remains reasonable. There have been signs that the slowdown in
Sales Momentum Moves Into 2020
Spring proved to be a busy season with more homes being auctioned in the last Quarter of 2019 than the previous three. Expectations from both property analysts CoreLogic and SQM
Sydney and Melbourne house value growth surge continues, but units slow: CoreLogic
House value growth in Sydney and Melbourne are showing no signs of slowing down, CoreLogic's latest monthly Home Value Index shows. Sydney houses (+1.5%) just edged Melbourne again (+1.4). January was
FHB’s to play a key role as foreign buyers remain subued: NAB
The Australian housing market ended 2019 on a firm footing, with NAB’s Residential Property Index climbing to its highest level in nearly 6 years. NAB's survey expectation is for price growth
Brand new Broadbeach Waters trophy home sold for $3 million
A brand new Broadbeach Waters trophy home has sold for $3.025 million. It took the better half of a year to sell the home following an initial asking price of $3.3 million
Big bank trims investor fixed rates
In the lead-up to the Reserve Bank of Australia's first monetary policy announcement this year, Westpac has announced cuts of up to 50 basis points to its fixed-rate investment loans. The
Short-term vs. long-term rentals: which should you choose?
When Airbnb initially launched in 2008, short-term rental was a way to earn a bit of extra cash for holiday homeowners and those with spare rooms in their homes. But with
Best strategies to build wealth through property in 2020
Investing a well-performing property is one thing, but knowing how to bolster the cash flow that is being generated by your investment properties is quite another – and as property
Price growth ”likely to slow”
Property price growth in Australia is expected to "slow in an underlying sense" over the next two years, according to the latest forecast by NAB Group Economics. House prices increased at