Investors are gradually reentering the property market to take advantage of historically low vacancy rates nationwide, undeterred by the looming possibility of increased interest rates. According to the Australian Bureau of Statistics, new investor loans experienced a 2% uptick in September, marking a 2.6% year-on-year increase. The surge in investor lending is attributed to the …

Record-Low Vacancy Rates Drive Surge in Investor Loans Read More »

As the year comes to a close, households across Australia are eagerly anticipating some relief from the relentless increase in costs. Unfortunately, the latest data from the Australian Bureau of Statistics suggests that this hope may be dashed, with annual inflation surging above 5% once again. The rising costs of rent, fuel, food, and services …

How the ‘Mortgage Cliff’ Could Cost Australians Thousands Read More »

OE of the Gold Coast’s finest trophy residences has been sold at auction for a staggering $24.8 million, shattering the previous Queensland auction record. The property known as Alston, situated at 5 McMillan Court in Southport, now holds the title of the highest residential property sale in Queensland for this year and has established a …

Gold Coast’s Alston Mansion Shatters Records with $24.8 Million Auction Win Read More »

With just four months remaining in the year, the colloquially termed “fixed-rate cliff” is now passing its midway point. Over $100 billion in fixed-rate mortgages are set to expire by year-end. After a 400-basis point increase in interest rates across 12 incremental steps, we assess the situation at the edge of this so-called cliff. Firstly, …

Interest Rate Surge: $100 Billion in Fixed Mortgages Set to Expire by Year-End Read More »