Lower mortgage rates and an easing in house price declines are expected after the Reserve Bank chose to cut the official cash rate for the first time in nearly three years. Today, the RBA board decided to lower the cash rate by 0.25 percentage points to a new historic low of 1.25%, as widely anticipated by financial [...]
If you're looking for an investment unit, an apartment block can be a great option to get a big return. This strategy is becoming more and more popular in Australia, and as such there isn't quite enough supply for the demand yet, according to Commercial Real Estate. How well your investment property does is 70-80[.....]
CASH RATE REMAINS AT 1.50% The Reserve Bank of Australia (RBA) has elected to leave the cash rate unchanged at 1.50% for another month. Governor Philip Lowe had this to say in his official statement: “The adjustment in the Sydney and Melbourne housing markets is continuing, after the earlier large run-up in prices. Conditions remain[.....]
