News

In Sydney, rent prices aren’t just breaking the bank, they’re also breaking records. At a median of $560 per week, rents are now the highest they’ve ever been. Meanwhile, across Australia, house prices have posted their largest fall on record (-8.4%). While there’s a myriad of reasons for the turbulence—rate hikes, inflation, cost of living,...

This is the ninth rate hike by the RBA in as many meetings (since May 2022), and it takes the cash rate to its highest level since September 2012. RBA Governor Philip Lowe said in a statement that the RBA board expects that further increases in interest rates will be needed over the months ahead to ensure that...

If you’re considering refinancing your mortgage, you’re not alone. With the rising cost of living and interest rates hitting the hip pockets of many Australians, it’s a popular move. According to ABS data, November 2022 saw refinancing values reach a record high of $13.4 billion. Refinancing may offer you opportunities to unlock equity, land a better...

Though Australia’s property market might be more accessible than it was last year, many still find themselves priced out. Whether first home hunters or investors looking to add a second set of keys, buyers are starting to take their business across the border. Over a dozen countries around the world currently offer ‘Golden Visa’ schemes...

The growing divide between unit and house prices is expected to continue to deepen, with the former outperforming the latter in many locations thanks to better price accessibility. With that in mind, here are the top Sydney suburbs expected to experience price growth over the next six months. Located 60km south-west of the CBD, Narellan...

Last year had its fair share of surprises. It started with a Hollywood slap and ended with a Romanian police raid tipped off by a pizza box and a Greta Thunberg tweet. But in-between this WTF sandwich was a bigger story unfolding across Australia’s property market: prices were falling. Eight straight interest rate hikes coupled...

It feels like the future has just about arrived. Have you heard about ChatGPT? The latest version was released to the public in the last couple of weeks and feels a bit like magic. It can answer questions, write short screenplays and summarise notes, amongst countless other uses. It’s not perfect, but the technology is...

Forget Boxing Days, Black Fridays and Cyber Mondays—the real bargains up for grabs are on the property market. Okay, ‘bargains’ might be a bit of a stretch, but for the first time since prices went ballistic during the pandemic, sea and tree-change hotspots are selling at a discount. Okay, ‘discount’ might be a stretch, but...

The Reserve Bank of Australia (RBA) has driven the cash rate up by another 25 basis points to 3.10%. Find out how much this final cash rate hike of the year has increased your mortgage repayments in 2022, and what you can expect in 2023. The good news? This is it. You can head into...

They say all good things come to an end, and that includes your ultra-low fixed-rate home loan period. So what can you do to ensure a smooth transition? With the past couple of years offering historically low interest rates, many Australians have been able to lock in an ultra-low fixed-rate home loan. In fact, in...