Capital city rents have increased consistently over the 20 years in total and for the first time we have experienced significant rental price falls. To meet the market, one week free rent, price discounts and upgrades are among the offers our landlords are making to secure good tenants in a cooling market.
Here’s your one minute Market Update with Anthony Cavallaro talks about current rental market and vacancy rates. Tune in.
THIS IS ONE ARTICLE WE HOPE YOU NEVER HAVE TO READ. BUT IF COVID-19 HAS IMPACTED YOUR INCOME TO THE POINT WHERE YOU MAY NEED TO PAUSE YOUR MORTGAGE REPAYMENTS, THEN WE’VE BROKEN DOWN THE BANKS’ DEFERRAL POLICIES FOR YOU. Late last week the Australian Banking Association (ABA) announced that small businesses … Read more
THE RESERVE BANK OF AUSTRALIA (RBA) HAS CUT THE CASH RATE TO A RECORD LOW OF 0.25% FOLLOWING AN EMERGENCY MEETING DUE TO THE IMPACT THE CORONAVIRUS IS HAVING ON THE ECONOMY. RBA Governor Philip Lowe said in a statement the move was due to the virus causing “major disruptions … Read more