Rental vacancies fall by a staggering 34.2%
The rental market has turned decisively in favour of property investors, with the number of vacant rental properties plummeting by one-third over a 12-month period. Between January of 2022 and 2023, the number of rental vacancies across Australia fell from 47,977 to 31,592, a reduction of 34.2%, according to SQM Research. At the same time, […]
National downturn slowing, although conditions vary from city to city
Evidence is emerging that the national housing market downturn, which began in May 2022, is slowing. CoreLogic has reported that the nation’s median property price fell 1.0% in January – the smallest month-on-month decline since June 2022. Meanwhile, while the national median price fell 4.1% in the October quarter, it fell only 3.2% in the […]
How to overcome the deposit barrier
How to overcome the deposit barrier How to overcome the deposit barrier Despite the recent housing downturn, property prices are higher in most parts of the country than before the pandemic. As a result, deposit requirements are higher. Domain compared property prices in the December quarters of 2019 and 2022, and found that buyers needed […]
