Equimax Property Investment Advisors Insights: Australian Property Market Trends – November 2024
At Equimax Property Investment Advisors, we pride ourselves on providing expert guidance for navigating Australia’s dynamic property market. The latest CoreLogic Home Value Index (HVI) for November 2024 highlights continued growth, presenting exciting opportunities for homeowners, investors, and first-home buyers alike. Here’s our analysis of the report and how it impacts your property investment strategy. […]
Adelaide’s Housing Market Continues to Surge: October Video Update
Adelaide’s housing market is showing no signs of slowing down, with property values growing by 1.3% in September, continuing the momentum from August. This consistent growth has resulted in a 4% gain in values over the September quarter, representing a significant increase of almost $31,000 in the median property value. Despite the customary spring rise […]
Stamp Duty Slashed by Victorian Premier: What Does It Mean for You?
The Victorian government has announced significant changes to stamp duty for off-the-plan property buyers, effective from October 21, 2024, until October 2025. This new policy offers substantial savings by basing stamp duty on the land value, not the total property price, and applies to apartments, units, and townhouses in strata subdivisions. For instance, a buyer […]
RBA Keeps Cash Rate on Hold: Is Now the Time to Invest in Property? Video Blog
At the September meeting, the RBA held the cash rate at 4.35%, as was widely predicted. With the US recently lowering their cash rate objective by 50 basis points last week, as well as prior decreases from the UK, Canada, New Zealand, China, and the EU (among others), the RBA’s choice to maintain the cash […]
September’s Housing Market Boom: Key Stats and Insights
National house prices rose again in September, whereas unit prices fell. According to the most recent My Housing Market data, the national capital city median house price climbed by 0.3% to $1,149,547 during the September and August quarters. Perth was the top capital city performer for the quarter, with prices growing by 1.2%, followed by […]
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 […]
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 […]
