Over the past 30 years, prices have risen by more than 1,500% in three suburbs

The median Sydney property price has risen by over 550% in the past 30 years. In 1993, the median house price in Sydney was $188,050. Today, it is $1,036,727.

Federal Budget 2022 – Challenges, New Priorities

Australians have experienced sharp increases in their living costs since the last Federal Budget was delivered in March 2022, with inflation surging to levels not seen since the GST was introduced in 2000. Aside from this, the RBA has increased the official cash rate six times, increasing by 2.50 percentage points since May to 2.60%. […]

What can we learn from the mid-1990s rate hikes?

Compared to today’s levels, these amounts seem absurd. For instance, a 25-year principal and interest mortgage for $1 million would be $9,442 in monthly payments at an interest rate of 10.5%, compared to $5,558 at a rate of 4.5%.

The riskiest suburbs in Sydney to sell at a loss

High-density apartment buildings in city fringes are leading the downturn, with the majority of the owners forced to sell at a loss. In some areas, the number of properties selling at a loss is as high as one-in-five.

Almost 80% of Australia’s housing market is in decline

The value of Sydney homes has fallen -9.7% since April after six consecutive rate hikes, and -7.0% over the past quarter, bringing them down -6.4%. The pace of decline has varied from suburb to suburb.

The Four Best Eastern Suburbs For Property Investors

Listed below are four suburbs we believe will continue to provide attractive returns for property investors in the future as well as now.