IMPORTANT RENTAL CHANGES FROM 01/07/2023 https://t.co/pLNwKmWi8r

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#womenofsubstance #empowerment #empoweringwomen #empoweringothers #ljgrealestate ❤️💃💋 (at LJ Gilland Real Estate Group) https://www.instagram.com/p/CnwRrCtPf2vF_LBaVlAXVM0d2MaBAFafbzdk-80/?igshid=NGJjMDIxMWI=

Meeting new landlord clients This air conditioned tiled three bedroom home with large shed and rear entertainment deck coming available shortly #propertymanager #ljgrealestate (at Zillmere, Queensland) https://www.instagram.com/p/B8KxdzZF9-ssjCklOUdhNvK1aavamCmkTLPy9s0/?igshid=v4f3ulmz7wsi

Almost 1,700 Australian house and unit suburbs have recorded a rental increase of 10% or more in the past year, despite the pace of rental growth showing signs of easing. CoreLogic’s national rental index shows the rate of rental growth has softened slightly, with rents up 0.8% in May compared to the 0.9% and 1% increases in April and March respectively. CoreLogic Economist Kaytlin Ezzy said…

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RBA predicted almost no house price declines when it hiked rates, but now expects biggest declines ever...Article by Chris Joye

RBA predicted almost no house price declines when it hiked rates, but now expects biggest declines ever…Article by Chris Joye

In a fascinating RBA freedom of information disclosure dumped on Friday, which references Coolabah’s house price analysis/forecasts (including work published here on Livewire), the Australian central bank reveals how it once again got its house price expectations wrong–and then radically downgraded them.  The massive shift in the RBA’s house price outlook almost certainly has implications for…

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Have your say on new rental law reforms | Residential Tenancies Authority

The Queensland Government has recently introduced the Residential Tenancies and Rooming Accommodation and Other Legislation Amendment Bill 2024 to Parliament. The Bill aims to strengthen Queensland’s residential tenancy laws. Proposed rental reforms include:  better rent protections – banning all forms of rent bidding and limiting rent increases to 12-months, attached to the property instead of…

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Yesterday's cash rate decision means for the housing market. - research article

The decision to keep the cash rate on hold at 4.35% came as no surprise, with most economists agreeing the next move on rates will be down, although the timing of an RBA rate cut remains uncertain and dependent on inflation outcomes. A boost to confidence:  Nonetheless, the hold decision, alongside lower inflation and a growing expectation that interest rates will reduce later this year, should…

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Housing values posted a broad-based rise in February with CoreLogic’s national Home Value Index (HVI) up 0.6% in February.

The 20 basis point acceleration from the 0.4% increase seen in January was the strongest monthly gain since October last year.  Each of the capital cities and rest-of-state regions recorded a lift in values over the month, except Hobart where the market fell -0.3%. “Housing values have been more than resilient in the face of high interest rates and cost of living pressures,” CoreLogic’s research…

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Performance of the rental market in Australia.

CoreLogic’s national median rent value ticked up to $601 per week last month, equating to median annual rent of $31,252 a year. CoreLogic median rent is based on a current estimate of rent income, describing what the median dwelling in Australia would rent for if you put it on the market at any given time. The $601 median is a series high, and coincides with total annual rent increases of 8.3%…

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“You don’t own your super. Your super is owned by the trustee of your super fund. One of the main flow-ons from this is that you can’t gift your super in your will. Again, it is the trustee of your super fund who can decide where your super goes when you die.

You don’t own your super. Your super is owned by the trustee of your super fund. One of the main flow-ons from this is that you can’t gift your super in your will. Again, it is the trustee of your super fund who can decide where your super goes when you die. However, it is possible to effectively gift your super by directing the trustee as to how they are to deal with your retirement savings.…

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RBA Rate Indicator -November 2023

What is the RBA Rate Indicator? RBA Rate Indicator -November 2023 The RBA Rate Indicator shows market expectations of a change in the Official Cash Rate (OCR) set by the Reserve Bank of Australia. The indicator calculates a percentage probability of an RBA interest rate change based on the market determined prices in the ASX 30 Day Interbank Cash Rate Futures. The table below illustrates how…

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Will residential property prices continue to surge despite record breaking interest rate hikes? - article of interest 16-10-2023

From the fixed rate mortgage cliff distress sales (that still haven’t happened), to the next pundit’s prediction that the Australian property bubble is about to burst, there is no shortage of bearish reading material this year. Putting the noise to the side, we believe the prospective return profile of the residential property market in Australia is strong because of an ongoing demand supply…

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The Reserve Bank of Australia (RBA) has kept the cash rate on hold for the fourth consecutive month. However, the RBA is likely to keep a close eye on the housing sector for two key reasons. The first reason is that the strong recovery in the housing market is part of the bridge that helped build a bridge to the other side during the pandemic. The second reason is that with the increase in housing prices and housing debt, risks to financial stability could be building1.

Despite keeping the cash rate on hold for the fourth consecutive month, the RBA is likely to keep a close eye on the housing sector for two key reasons. The Reserve Bank of Australia (RBA) uses monetary policy to control inflation. The RBA’s primary tool for managing inflation is the cash rate. When the RBA raises the cash rate, it is called contractionary monetary policy because it is designed…

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The latest Pain & Gain report indicates an improvement in profitability for home sellers, with the loss-making rate easing to 7.2% through the June quarter from a recent peak of 7.6% in the three months to March.

The latest Pain & Gain report indicates an improvement in profitability for home sellers, with the loss-making rate easing to 7.2% through the June quarter from a recent peak of 7.6% in the three months to March. Despite profitability in Australian home resales increasing for the first time in a year, the portion of loss-making short-term resales increased to 9.7%, from just 2.7% a year…

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CoreLogic Home Value Index shows growth easing in most regions as newlistings rise

CoreLogic’s national Home Value Index (HVI) rose 0.7% in July marking a fifth consecutive month of housing value recovery. Since finding a floor in February, the national HVI is up 4.1%, following a 9.1% decline from record highs in April 2022 from LJ Gilland Real Estate Pty Ltd

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The housing market in southeast Queensland region boast strong fundamentals, including higher rental yields

The latest data from the Australian Bureau of Statistics (ABS) reveals that property investors are making a comeback in the real estate market, constituting 34% of mortgage demand based on the value of new mortgage commitments. This figure aligns with the long-term average, indicating a renewed interest in property investment. A closer look at the state-level data shows that New South Wales is…

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