National Housing Values Mark Five Months Of Consistent Growth, Taking The National Index Back Into Positive Annual Growth Territory For The First Time Since April 2018.
CoreLogic’s national Home Value Index surged 1.7% higher over the month and delivered the fifth consecutive monthly increase, coupled with the largest monthly gain in the national index since 2003.
Interested in property investment?
If so you probably want to make sure your portfolio is successful and will grow in value.
But with so many pieces to the property research puzzle, how do you make the right decisions to ensure positive outcomes?
I believe demographics will hold the key to the future of our property markets.
How many of us there are, how we want to live and where we want to live will be a more important factor shaping our future property markets than the short term ups and downs of supply and demand, consumer sentiment or interest rates.
This means understanding Australia’s lifestyle and demographic trends will provide you with the type of insight you need for constructing a successful property investment portfolio.
Australia’s central bank has cut the official cash rate by 0.25% to a new record low of 0.75%.
The long-expected move follows months of signals from governor Philip Lowe that the Reserve Bank was prepared to push rates lower to increase employment and lift stubbornly low inflation back into the 2-3% target band.
First home buyers have saved more than a billion dollars in stamp duty courtesy of the 2017 Housing Affordability Strategy, according to the NSW state government.
The report shows that more than 67,800 home buyers have now taken advantage of the opportunity to save (up to) $24,740 in stamp duty when purchasing their first home.
It's good news for buyers and sellers alike, as the Illawarra housing market has seen a consistent balance with consumer confidence growing post election.