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Posts Tagged ‘property’
WA Property Market Update April 2023
April 27th, 2023The end of April sees us into the second quarter of 2023, and the easing of interest rate rises may well bring a greater sense of certainty to the WA Property Market. Some would-be sellers held off listing their property for sale throughout 2022 as a result of uncertainty around where rate rises would end.read more
Is Your Fixed Rate Loan About to Mature?
April 6th, 2023You would have to be living under a rock to miss the news about the RBA’s cash rate increases since May 2022, where we’ve seen it lifted from 0.10% to 3.60% with lenders following suit with interest rate hikes of their own. Throughout this time, many homeowners have been shielded from these rate increases whereread more
WA Property Market Update – March 2023
March 24th, 2023Wouldn’t you just know it – as if the lasting impact of the COVID pandemic on the economy wasn’t disruptive enough, another layer has been added. Recent events in the US banking sector have amplified prevailing uncertainty and brought about accelerated change here in Australia. As with other disruptive factors such as interest rate risesread more
WA Property Market Update – February 2023
February 22nd, 2023Unless you’ve been living under a rock, you’ll be well aware of the continued rate rises from the Reserve Bank throughout 2022 and into 2023. While this is expected to happen at least a few more times over this year, many commentators suggest that it’ll subside after a few months. Once it does, we mayread more
WA Property Market Update January 2023
January 27th, 2023Happy New Year! Throughout 2020, 2021 and 2022, the COVID-19 pandemic impacted economies and markets across the world in very different ways. In that time, however, the WA property market performed well. Median house prices rose from $485,000 to $545,000 (+12%), with a lack of supply being the major driver of this. We’re continuing ourread more
WA Property Market Update December 2022
December 23rd, 2022The end of the year is upon us! And with that, we wave goodbye to a year full of challenges, optimism, opportunities, and everything in between. In the property market, we’ve seen the market turn from strong value growth to a noticeable cooling off – prompted largely by consecutive interest rate rises courtesy of theread more
WA Property Market Update October 2022
October 21st, 2022Welcome to the October 2022 edition of our WA Property Market Update. This month, it’s a familiar theme – interest rates are up again, the market appears to be cooling slightly, and the general economic and property outlook is uncertain at this stage. What is noteworthy, however, is the fact that the Reserve Bank ofread more
WA Property Market Update September 2022
September 14th, 2022The more things change, the more they stay the same. We’re kicking off the September 2022 edition of our WA property market update with another nod to rising interest rates. The RBA predictably increased the cash rate again since our last update, up 0.50% to 2.35%. The full impact of this won’t be clear untilread more
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