Rental Property Archives · Page 2 of 2

Borrowers Are Refinancing Their Home Loans

Posted on 17/01/2023 by Laze Spasevski

Enormous numbers of borrowers are refinancing their home loans according to the latest data from the Australian Bureau of Statistics. Australians refinanced $17.8 billion of mortgages in October. This is not far off the record $18.6 billion of refinancing that occurred in August. It just shows that the past six months have been the six biggest months in refinancing history. Owner-occupie...
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Property Market Will Rise Again in 2023

Posted on 12/01/202312/01/2023 by Laze Spasevski

In the year to November 2022, the property market has declined but based on SQM Research forecast, it will rise again in 2023. The property market has changed significantly over the past 12 months. In the year to November 2021, the national median property price jumped 22.2%, according to CoreLogic. But in the year to November 2022, prices fell 3.2%. Some capital cities actually recor...
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Rents Rising

Posted on 21/11/202223/11/2022 by Laze Spasevski

New analysis has revealed two big reasons why rents, which are already rising steeply, are set to continue increasing. First, the number of properties listed for rent is much lower than pre-pandemic, in both capital cities and regional areas, according to PropTrack economist Angus Moore. So supply has fallen. Second, Australian Bureau of Statistics data show a significant increase in mig...
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Is It Better To Buy Or Rent?

Posted on 12/08/202215/08/2022 by Laze Spasevski

If you’re wondering whether it’s cheaper to buy or rent, a new report has answered that question. Now, bear in mind that interest rates are obviously on the way up at the moment, and that these figures are changing rapidly. However, it's not all doom and gloom out there. Even with slightly higher interest rates, there are properties that make good sense when comparing to the cost of renting. ...
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Vacancy Rate 1% Nationally

Posted on 02/08/202216/08/2022 by Laze Spasevski

Australia recorded a national vacancy rate of just 1.0% in June, according to SQM Research, which means the rental market is strongly favouring property investors. Over the past 12 months, the percentage of vacant properties has fallen from 1.7% to 1.0%. As a result, there is now only one vacancy for every 100 rental properties. Extraordinarily, as you can see in the chart below, the vac...
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