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December 6, 2023
According to the most recent PropTrack Market Insight Report, an intriguing trend has emerged within the Queensland property market: a notable 53.3% of all residential properties are now cheaper to purchase than rent. This figure stands in marked contrast to the national average of only 36%. In February this year, the national figure was just 9.1%.
The differences among these figures prompt a couple of important questions: What factors underlie this trend and what ramifications might it create for markets moving forward?
December 8, 2023
This month’s Market Smart highlights a growing contrast between overall slowing growth and the exceptional performance of a select few regions – especially Perth, which remains the fastest growing city in the country. CoreLogic's national Home Value Index rose by a modest 0.6% in November, the smallest monthly gain since February, indicating a shift in the market's momentum. Read on as we examine the dynamic factors defining this shift and explore what it all means for investors.
January 9, 2024
This month’s Market Smart highlights a growing contrast between overall slowing growth and the exceptional performance of a select few regions – especially Perth, which remains the fastest growing city in the country. CoreLogic's national Home Value Index rose by a modest 0.6% in November, the smallest monthly gain since February, indicating a shift in the market's momentum. Read on as we examine the dynamic factors defining this shift and explore what it all means for investors.
January 25, 2024
With the homeownership dream increasingly out of reach for many Australians, the Queensland government has announced a ‘cost of living boost for first home buyers’—with the first home buyers’ grant being doubled from $15,000 to $30,000. The increase came into effect on the 20th of November and will remain until mid-2025, available for those buying or building a new home worth less than $750,000.
