Market Insights


September Market Update

This month, we saw a third consecutive pause in the cash rate by the Reserve Bank of Australia (RBA) – welcome news for mortgage holders.

If you’re looking to buy this spring, talk to us about finance pre-approval today.

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August Market Update

Spring is just around the corner and that means the busiest period for the real estate industry is almost here.

So, what’s been happening in the property world of late?

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Getting Ready for a Blossoming Spring Property Purchase

Spring is usually a busy time of year for buyers AND sellers and with property prices still on the rise in many markets, despite the Reserve Bank of Australia’s aggressive interest rate hikes since May 2022. Property prices rose 0.7 per cent in July – the fifth straight month of gains.

Listings are also on the rise but remain below 2022 levels. If you’re a prospective buyer, you’ll need to be ready to pounce when you find a bargain this spring. Check out our latest article here.

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Loan Pre Approval: why you need it

A home loan pre-approval is an essential step in the mortgage process. It provides confirmation that you are eligible to apply for a home loan of a specific amount. The lender thoroughly examines your financial situation to determine if you meet their requirements and have the ability to repay the mortgage. Obtaining pre-approval is highly recommended as it offers numerous advantages and should be considered your first step when searching for a property.

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