With Covid border closures now a distant memory, Australia has just seen its largest annual population growth since June 2020 – and housing markets aren’t prepared for the influx. With the rental market already struggling from supply constraints and heightened demand, this influx of people will add to the pressures felt in some of our …
The return of overseas migration and its impact on the rental market Read More »
They are Queensland’s so-called “Olympic suburbs” where property prices are predicted to be supercharged in the wake of the world’s largest sporting event in 2032. Within a year of the Olympic flame being extinguished, median house prices are forecast to push into the $1 million to $2 million range in many of the areas and, …
If you are reading this, you are likely wondering if there is an alternative to 401(k) to grow your wealth rapidly. Traditionally, investment vehicles such as the 401(k), where you invest throughout your career and do not see your funds until after retirement, have been considered the safest way to grow your money. But is it really safe? In 401(k), you rely …
A 401(k) is Risky. Here’s a Safer Investment Strategy. Read More »
It is the dream of many young Australians- buying your first home, getting out of the rental race. It is getting more challenging, that’s for sure, with house prices constantly on the up, but there is some help available for first-home buyers. There are hoops to jump through, naturally, but we’ll show you what’s available …
What are the benefits available for First Home Buyers in Australia? Read More »
With the Reserve Bank of Australia (RBA) hiking its cash rate by 0.5 percentage points to 2.35 per cent – and more increases on the way – many Australians are naturally anxious about defaulting on their home loan. As many as 65 per cent – or two-thirds – of Australian home owners are concerned about defaulting on …
Regional property values are declining, but buyers holding off purchasing in an attempt to time the market and buy when prices are at their lowest are being warned their plans could backfire. Cate Bakos, buyers agent and president of the Real Estate Buyers Agent Association (REBAA), said that picking the bottom of the market was …
House prices are falling, so should you hold off buying this spring? Read More »
Australia’s cash rate hikes could halve from next month, with the Reserve Bank of Australia (RBA) governor hinting the board could soon take its foot off the accelerator. Philip Lowe said the case for a “slower pace of increase in interest rates” had become stronger. On the back of his speech, ANZ and Commonwealth Bank (CBA) updated …
Interest rates are widely forecast to go up 50 basis points again today, potentially adding another $160 a month to an average $600,000 mortgage. That will take the total additional repayment pain since May to $707. The good news is that the Reserve Bank of Australia (RBA) may now sit back and survey its handy work… (probably) 225 …
Mortgage prisons and forced sales: How to avoid 3 cash rate risks Read More »
About 220,000 people are tipped to leave the southern states for Queensland over the next five years, a survey from the Property Council of Australia (PCA) has revealed. he potential influx has the industry body so alarmed they are calling on the state government to take urgent action to combat Queensland’s housing shortage. The figure comes from a …
Many people are on edge waiting to see just how high interest rates will go up when the Reserve Bank of Australia meets next week. Interest rates are expected to climb further when the Reserve Bank of Australia meets next week, with many people on edge to see just how much it is going to …
Families on edge waiting to see what how high interest rates will rise Read More »
