What It Means For Your Money
There are numerous opportunities for astute investors and consumers to take advantage of. Aleks Vickovich and our expert writers break it down.
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CBD Apartments Rents Set To Surge Even Higher
Surging demand and dwindling rental supply have fuelled a jump of more than 22 per cent in median rents in some inner-city Melbourne suburbs in the past 12 months, and more increases are expected as vacancy rates tighten.
Earlier, Bigger Rise In Rates Could See Sharper Price Falls
An earlier and potentially bigger interest rate rise could trigger a sharper initial fall in house prices if higher mortgage repayments and lower borrowing capacity spook buyers.
SMSF Scammers Pounce During COVID-19
Fraudsters are setting up 250 fake self-managed superannuation funds each year, a number that is rising quickly, in order to steal the retirement savings of unsuspecting mum and dad investors.
Stellar Run Ends For Low Market As Rates Rise
The lower end of the housing market has vastly outperformed the top and middle segments over the past 30 years, as suburbs gentrified and incomes improved over time.
Home Market To ‘Languish’ Until Election
Not even a pick-up in Melbourne auction activity and successful sales could prevent a decline in the national residential property market this week as the preliminary auction clearance rate fell to 69.4 per cent.
Some Suburbs Past Their Peak As War, Rates Hit Home
House prices in some inner and middle ring suburbs across capital cities are likely to have peaked as early as September last year, as demand waned amid a surge in listings and heightened worries about the war in Ukraine.
Property Dream Ends In $23.5M Chase
Business collapse A Team Property Group marketed the idea of riding the real estate boom but to many mum-and-dad investors, it turned into a nightmare, write Max Mason and Jessica Sier.