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After the most aggressive rate hiking cycle on record, the RBA has reduced the cash rate from a thirteen-year high of 4.35% to 4.1%. With annualised 6-month core inflation around the middle of the RBA’s 2-3% target range, the easing in cost-of-living pressures was a key factor behind the RBA’s decision to cut rates. Australia has moved through seven straight quarters of negative pe...
Welcome cost-of-living relief for households is imminent with most economists and all major banks forecasting a rate cut this week, but experts are divided on just how low they will go. Money markets are more than 90 per cent certain the Reserve Bank will agree to reduce the current cash rate of 4.35 per cent on Tuesday, after last month’s inflation figures showed price rises were ...
Tenants have been warned to brace for rent hikes of up to 20 per cent this year in 66 red zones across the state. An exclusive analysis by Suburb Advice forecast strongest rent price growth in areas with higher rental turnover and a lack of homes available to rent. But while savvy investors stand to cash in on rent increases of at least 10 per cent in 28 house and 38 unit markets, it’s ...
A round of Reserve Bank rate cuts is tipped to push property prices higher by as much as double digits, but will offer modest relief to home owners who borrowed at rock-bottom rates. Many economists expect the RBA will cut the official cash rate by 0.25 percentage points from its decade high of 4.35 per cent on Tuesday, and if not then, later this year. Rate cuts...
For years, Surfers Paradise has been the suburb Australians love to hate. But the punchline for tacky tourist traps and neon chaos is having the last laugh, with house prices skyrocketing 127 per cent in five years to an eye-watering $2.894 million. Driven by a restaurant and nightlife scene to rival Sydney’s, a host of luxury developments, improved public transport and prest...
Gold Coast home values soared by up to 18 per cent in 2024, with surprise suburbs leading the charge. Exclusive analysis by PropTrack shows that house prices increased across 41 Gold Coast suburbs during the December quarter, while 17 suburbs recorded price drops and two suburbs remained unchanged. Realestate.com.au economist Anne Flaherty PropTrack economist Anne Flaherty sa...
There is another ‘boom’ predicted in 2025 for the Gold Coast real estate market with no slowdown in the local economy or interstate migration. While the Gold Coast is not expected to be the Queensland standout, Propertyology’s 2025 Property Market Outlook predicts prices in the Glitter Strip to boom 10 to 13 per cent. Propertyology’s 2025 Property ...
Rapidly rising interest rates and gloomy predictions of sharp property price falls from some have sparked widespread uncertainty in housing markets this year, but there are signs that the fear is fading https://www.realestate.com.au/news/four-key-signs-the-jitters-in-the-housing-market-are-beginning-to-ease/?
Construction Progress continues steadily for Epsilon Tower Two with the Level 8 tower floorplan commencing. Level 9 and 10 verticals have commenced as well a the climb jump form system. https://vimeo.com/747458081
A master time-lapse showcasing the efforts to create The Star Residences Tower One from the beginning to end. https://vimeo.com/698399095