We possess within us two minds. So far I have written only of the conscious mind. I would now like to introduce you to your second mind, the hidden and mysterious subconscious.
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The Reserve Bank of Australia (RBA) put up interest rates again this month – signalling more repayment pain for variable mortgage holders. The average Aussie with a $500,000 home loan has seen their repayments jump by about $900 a month since the start of the hikes last…
Happy New Year! We hope you had a relaxing and memorable holiday season spent with family and friends. As some of us return to work and others enjoy the last few sun-soaked weeks of holidays, the property market remains quiet as many vendors hold off…
The holiday season is here, and so is another rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to 3.1 per cent as inflation shows signs of slowing in October. Meanwhile, the pace of decline in home values has slowed to the…
Household budgets are feeling the pinch of a seventh successive rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to 2.85 per cent this month, prompting some lenders to increase their variable rates by 0.25 percentage points. Home values are predicted to…
Household budgets are feeling the pinch of yet another rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to 2.6 per cent, prompting some lenders to increase their variable rates by 0.25 percentage points. Meanwhile, home values continued to fall across much…
Spring is here and the mercury isn’t the only thing rising. Borrowers are under more pressure with interest rates on the move again. The Reserve Bank of Australia (RBA) has increased the cash rate to 2.35 per cent, prompting some lenders to increase their variable…
Another month, another cash rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to a six-year high of 1.85 per cent in August, prompting some lenders to increase their variable rates by 0.5 percentage points. Meanwhile, nationally home values are falling at…
For the third month in a row, the Reserve Bank of Australia (RBA) increased the cash rate in July to 1.35 per cent. Several lenders moved swiftly, passing on the latest RBA cash rate increase to borrowers. Meanwhile, property prices in some markets continue to fall….
In what was the biggest one-off rate hike in 22 years, this month the Reserve Bank of Australia (RBA) increased the cash rate to 0.85 per cent in order to curb skyrocketing inflation. Following the announcement, all of the big four banks passed on the rate increase in…
This month, the Reserve Bank of Australia (RBA) increased the official cash rate for the first time in more than 11 years. The move is likely to have huge implications for the housing industry. For one, lenders have already been passing on the cash rate…
As the Easter eggs come off the shelves, some aspiring homeowners are shifting their focus from chocolate to securing a property during the busy Autumn buying season. If you’ve been struggling to break into the property market, it’s worth looking into the government’s proposed $8.6…
Autumn has arrived and what a wonderful time of year to turn over a new leaf with a property purchase. While national housing values are generally rising, the pace of growth has trended downwards since April last year, according to CoreLogic figures. CoreLogic director of research, Tim…
The property market is up and running, gaining momentum after the summer holidays. January is typically the quietest month for property sales, but activity across Australia was about 15% higher than January last year, and almost 40% higher than the previous five-year average. Although property prices have continued…
Hello 2022! We hope you enjoyed some quality time with family and friends over the Christmas and New Year break. In December, we saw auction activity go gangbusters, with capital city auction volumes through the roof. With more stock available, it may leave you in a better…
Summer has arrived and not only is the weather heating up – so is the property market! Property volumes are continuing to surge, with plenty of new listings going up in areas previously affected by lockdowns such as Sydney, Melbourne and Canberra. Meanwhile, Australian property values…