SQM research figures indicate that total residential property listings fell by 6.3% in May 2021. Demand from buyers is still so high that, undesirable properties which have remained unsold for more than 6 months, are now being snapped up. Both owner-occupiers and investors are driving this overwhelming demand for residential dwellings in Australia. The factors […]
READ POSTWith the Reserve Bank of Australia (RBA), keeping the official cash rate on hold at 0.10% for another month, they have reaffirmed their commitment to support the recovery of the Australian economy. They confirmed that they are unlikely to increase the cash rate until 2024 unless there is a return to full employment and inflation […]
READ POSTThe 2021-2022 Federal Budget was recently handed down by the Federal Treasurer Josh Frydenberg. “The Real Estate Institute of Australia (REIA) said the 2021 Federal Budget confirmed a positive outlook for buyers, sellers, investors, tenants and small business”. First home buyers, single parents and mature age homeowners were granted assistance in targeted programs that are […]
READ POSTWhen coronavirus broke out across Australia, doomsday reports tipped the property market could fall as far as 30% across the country. Fortunately, that wasn’t the case. Here’s how to find out how your suburb actually fared. A realestate.com.au analysis shows that property prices actually grew in most Australian suburbs throughout 2020. Yep, that’s right. Despite […]
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