Record-Breaking Profits: How Australians Are Pocketing $285,000 in Property Resales
The latest analysis report (Q2 2024) examined over 91,000 resales during the quarter, indicating that 94.5% of deals generated a nominal gain, one of the highest percentages since June 2010. The nominal gains from resales reached $31.8 billion in the June quarter, up 7.7% from the March quarter. National housing values have increased every month […]
Latest Sydney Housing Market Trends | September 2024
In August, values increased by 0.3%, adding around $3,800 to the median dwelling value in Sydney. This is the 19th consecutive month that the market has grown at a healthy rate. A cyclical peak was reached in May of last year, when values were increasing at a monthly pace of 2.1%, but since then, the […]
New Data Shows Average New Loan Size Growing by $154 Daily
The average new owner-occupier mortgage in Australia has reached a record high of $636,597, and it’s expected to climb further as property prices increase across key states. Over the past 12 months, the national average loan size has grown by $56,357—equivalent to a daily increase of $154—despite the cash rate being at its highest since […]
RBA Signals No Rate Cuts for 6 Months – But Could They Come Sooner?
At the start of last week, speculation swirled about a potential Reserve Bank rate hike. However, that talk has cooled, even though RBA Governor Michele Bullock noted that a hike remains an option following the board’s meeting on Tuesday. Meanwhile, in the U.S., discussions are now focused on a potential double rate cut—two standard-sized reductions […]
Record Profits in Australia’s Property Market: Key Insights for Investors
Australia’s property market continues to showcase its resilience and exceptional wealth-building potential, with the latest Domain Profit and Loss Report revealing record-breaking profits from property sales. According to the report, 96% of houses and 90.7% of units sold for a profit over the past financial year—figures not seen since 2008 for houses and 2011 for […]
Top 10 Reasons to Hire a Property Investment Advisor for Your Next Investment
Investing in a property in Australia is quite a huge financial commitment and a tricky decision. Even though you have a high financial knowledge and years of experience in property investment, managing the complications every day can get tough and time-consuming. Being a property investor, you tend to find it difficult to manage your time […]
Home Value Index Has Risen 1.6% in March
According to the latest CoreLogic report, the national Home Value Index (HVI) has increased by 1.6% in March 2024 and approximately $12k to dwelling values. The national HVI has risen by around $71,832 or 10.2% making new records every month since November, 2023. All Capital Cities Except Darwin Witnessed a Dwelling Value Increase Over the […]
Melbourne Property Market Forecast for 2024
Are you curious about the future of Melbourne’s property market in 2024? Melbourne’s housing market hasn’t been as strong as other capital cities in the past year. But, property values in Melbourne are expected to rise in 2024. Melbourne’s property markets update Since the start of the Covid pandemic, property values in Melbourne have risen […]
High Yielding Investment With Strong to Good Growth Potential
Below is the timeline of the journey a client undertook with a QPIA – Equimax Property Investment Advisor. Strategy Guidelines High yielding investment with strong to good growth potential. Relatively low risk and very low vacancy. Open to looking outside of home state Australia Wide. Timeline Purchase price bracket $590k -$620k Acquired land in May […]
Beyond the Boom: Australia’s Housing Crunch and What It Means for 2024
In the landscape of Australian real estate, 2024 has ushered in a climate of paradoxical trends: despite the rise in demand for housing due to a booming population, the construction sector is trailing, leading to a shortfall that is catapulting house prices and rents to new heights. This blog delves into the multi-faceted crisis, underpinned […]
