Author: Otto Dargan
2022 RBA Interest Rate Forecast: Bad News For The Property Market?
The Reserve Bank of Australia (RBA) is finally considering hiking its cash rate, for the first time in more than a decade. The RBA has pushed its cash rate to record lows since 2011. When COVID-19 hit Australia in 2020, the central bank set its interest rate at 0.1 per cent,...
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Regions, Smaller Capitals Surge As Sydney And Melbourne Slow
CoreLogic data revealed that the home value index was up 0.7% in March 2022. During the first quarter of this calendar year, dwelling prices in Australia rose 2.4%, adding about $17,000 to the value of a home. Within these national numbers, there was a notable split between the...
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Federal Budget 2022-23 | Home Guarantee Expands Into Regions
The 2022-23 federal budget had plenty for prospective home buyers, as the government announced expansions to its current home guarantee schemes, with a new regional home guarantee and other measures. There is also tax relief for low-to-middle-income families, plus new funding...
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Regional Home Guarantee | Buy In Regional Areas With A 5% Deposit
During the federal budget announcement, the government revealed it will expand its existing home buyer schemes and will introduce a new scheme for regional home buyers later this year. What Is The Regional Home Guarantee? The new Regional Home Guarantee will provide...
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House Prices Still Rising | February 2022 Property Market Update
House Price Update CoreLogic data revealed housing values experienced a 0.6% gain in February 2022. This was the 17th consecutive increase but was the slowest growth experienced since October 2020. Brisbane and Adelaide experienced the strongest housing market conditions....
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Biggest Boom In Property Prices Since 1989
CoreLogic data revealed that housing values rose 1.1% in January 2022. Property prices jumped by 22.4% over the last 12 months, which was the biggest annual increase since the year to June 1989. A typical Australian home now costs $131,326 more than a year ago. What Happened...
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bookmarkTags: Australian House Prices, property market update, Regional property market
Property Market Predictions 2022 | Home Loan Experts
CoreLogic data revealed that Australian housing values were 1% higher in December 2021 than a month earlier, slowing down from a 1.3% rise in November 2021. The growth momentum slowed down sharply in Sydney and Melbourne. Both cities recorded their softest reading since...
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Regional Property Price Growth Doubles That Of Capital Cities
CoreLogic data shows housing values moved 1.3% higher in November 2021. This is the 14th consecutive month of positive growth. National housing values are 22.2% higher over the past 12 months. The rise adds approximately $126,700 to the median value of an Australian home. Figure:...
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Housing Values Edge 1.5% Higher, But Growth Is Easing
CoreLogic data shows housing values rose 1.5% in October 2021. However, Australia’s property market is slowly experiencing a loss from its peak monthly growth momentum of 2.8% in March 2021. Now, the growth rate is at 1.5%. Even though the monthly pace of growth is easing,...
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