December 2024
Core inflation increased to 3.5% in October, up from 3.2% in September, signaling ongoing demand pressures in the economy.
Core inflation increased to 3.5% in October, up from 3.2% in September, signaling ongoing demand pressures in the economy.
Rental growth is easing, but vacancy rates remain tight.
Investors continue to make up a larger portion of overall loan commitments nationally.
Nearly 30% of suburbs experienced a decline in property values.
Investor lending has seen the most significant growth in WA up 56.7%, followed by SA.
Rental increases have remained stable, relative to rising property prices; a positive result for those servicing a mortgage as the relative return on invested funds has remained solid.
We believe that the market is in the seven to eleven o’clock range where it’s currently experiencing growing confidence, price rises, undersupply and rising valuations.
High interest rates have pushed buyer demand towards more affordable housing.
Savvy investors who act promtly to secure assets before potential rate reductions, are likely to reap the rewards of property value increases accelerating.
There was a further increase (0.9%) in the monthly rate of national rental growth.