Category: Property Australia
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Property market Australia showing a drop for the first time since 2018. Negative?
The main reason stated for the decline in home values is because the demand has dropped and this was caused by the rise in interest rates by Reserve Bank of Australia (RBA). In other words, buyers may have deemed the rise in rates as making the repayments too high for comfort and thus they are…
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How low can property prices go?
Actually, can also ask this instead. How long can home owners hold versus having to sell their properties during a slow period? It can also be how long can potential home buyer wait and see while continuing to pay rental or whatever payment if the house they are eyeing is for own stay.
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House prices are falling because interest rates are increasing. Oh dear.
It means to ensure inflation caused by people buying too much or speculatively will be reduced. When people are not investing, not buying then interest rates may be lowered to make it attractive for businesses to invest and people to buy. For example when rates are low, buying a property looks cheap. Okay, in comparison…
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Interest rate will definitely affect property price movement yeah
Interest rate will definitely affect property price movement yeah
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When inflation hits highest in 20 years!
When inflation hits highest in 20 years!
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Prediction for property price to fall 11% in 2023
Prediction for property price to fall 11% in 2023
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‘Too’ hot property market is not good lah. Cooling momentum is good breather.
‘Too’ hot property market is not good lah. Cooling momentum is good breather.
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Property price? Higher by 6 figures in this country.
Property price? Higher by 6 figures in this country. That’s just within one year. If you have a property in Australia, this is an extremely good news. If you do not own a property in Australia like me, then we can just read the news and get to know about it.
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Luxury Homes? The number one is Sydney…
Luxury Homes? The number one is Sydney… If you did not know which has more expensive homes between Sydney and Melbourne, then the answer is the former; Sydney. The median home price in Sydney is AUD10,060,000 (RM3,296,000). Source of info is realestate.com.au (click to go read) In fact, I vividly remember this conversation I had…