If you’ve been thinking about building a home, there’s some encouraging news on the cost front. According to the Cordell Construction Cost Index, residential construction costs rose by just 0.4% in the March quarter of 2025. That’s the smallest quarterly
The Reserve Bank of Australia (RBA) has delivered some reassuring news for homeowners in its latest Financial Stability Review: most mortgage holders are in a strong position to handle a range of economic challenges. The Key Findings According to the
Big changes are here. From 1 April 2025, the Australian Government has introduced a 2-year ban on foreign purchases of established homes, along with higher fees and stricter compliance. 🔒 What’s changing? • Ban applies to foreign individuals and entities
Ever heard of a redraw facility on your home loan but not quite sure what it means? Let’s break it down 👇 A redraw facility lets you access any extra repayments you’ve made on your mortgage. So if you’ve been
The Australian rental market continues to put pressure on tenants, with rents reaching record highs in all capital cities. While price growth has slowed, low vacancy rates and limited new housing supply mean landlords still hold the upper hand. A
New data from CoreLogic and PropTrack shows that home values have started climbing again: ✅ CoreLogic’s Home Value Index: +0.4% in March✅ PropTrack’s Home Price Index: +0.27% in March✅ National Median Home Value (PropTrack): $799,000 Experts believe the rate cut
Inflation in Australia has been on a promising trajectory, showing signs of stabilisation. However, while recent data suggests price pressures are easing, it’s too soon to declare victory over inflationary concerns. Inflation Trends and the RBA’s Target According to the
The Reserve Bank of Australia (RBA) has opted to keep the cash rate at 4.10% in its April meeting, avoiding any surprises and aligning with market expectations. ✅ Why This Matters: – After a 25 bps rate cut
Recent research shows that the gap between the average variable rate and the lowest rate available on Finder was 1.57 percentage points in early March. Similarly, the gap between the average and lowest fixed rates was 1.37 percentage points.
🏡 Building Approvals Hit Two-Year High: What It Means for the Housing Market The Australian property market is showing positive signs of growth, with homebuilding approvals reaching their highest level in over two years. This upward trend suggests that residential
