Residential rents could fall 30 per cent! Really???

Melbourne’s empty rentals soar by 20 percent in one month!  Residential rents could fall 30%! The number of vacant rentals in Melbourne has skyrocketed. These are all headlines I read in the last couple of days and I can understand why they would scare the pants off many property investors. But before you get too […]

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Property Pessimists wrong again – 0.4% fall in property prices in August

Australian home values moved through a fourth month of COVID-induced falls, with the CoreLogic home value index recording a 0.4% fall in August. Although housing values continued to trend lower from their pre-COVID highs, at least from a macro perspective, the rate of decline has eased over the past two months and five of the […]

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Australia Is Going to Fall into Recession in 2020

It’s no secret that Australia is going to fall into recession. But what does that really mean? How will this affect you, your job, your finances and the value of your home or your investment properties? So what is a recession? A recession is a period of temporary economic decline during which trade and industrial […]

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Will property prices fall after September?

Amid unprecedented economic uncertainty, many of us are waiting with bated breath to determine what will happen to the property market in the months ahead. The question on everyone’s lips is “will house prices fall”? What are the Bank’s economists predicting? Predictions from the banks and industry have varied widely. The Commonwealth Bank has predicted […]

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Property prices fall but avoid the predicted major slump: Domain House Price Report

House prices have fallen nationally by just 2 per cent over the last March-to-June quarter according to the latest Domain House Price Report. Yet some of the headlines in the media say “Property prices plummeting” Far from it! At a time when unemployment is rising and household incomes are shrinking, our housing markets have remained […]

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One expert’s interpretation of the record fall in housing finance

Last Thursday’s lending indicator data from the ABS shows the value of new finance commitments for the purchase of dwellings fell by a record 11.6% over May 2020. This is the largest single monthly drop in the 18 year series. In seasonally adjusted terms, it represents a $2.2 billion monthly fall in the value of […]

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Here’s why we’re not going to fall off a financial cliff in September

There is a lot of concern that at the end of September when the current deferral scheme and government support packages expire Australia is going to fall off of a “Financial Cliff.” To save lives, governments moved quickly to stop the spread of coronavirus. When the economy was crushed by restrictions on movement and “normal […]

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Australian house prices starting to fall but the collapse has been averted

How much have property prices in Australia fallen? Should we expect an even greater fall? These questions were answered in a recent Oliver’s Insight, by Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital. Back on 19th March when we first looked at the impact of the intensifying shutdown of the Australian economy on […]

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Property market starting to recover from big lock-down driven fall

Many of the property pessimists were disappointed when Corelogic reported its latest monthly statistics. The CoreLogic home value index, covering the eight major capital cities, declined 0.5% in May, and while it was the first monthly fall since June last year, it showed how resilient our property markets are to the Covid-19 created crisis. In […]

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