Tim Whybourne, CFA

Australian Rental Market Soars to New Heights 📈🏠 Australia's rental market has just marked a significant milestone, with the median weekly rent soaring to a record $627 at the end of April, up by an impressive 8.5% year-on-year. This increase is a sharp uptick from the 8.1% rise noted in October 2023, highlighting a robust growth trend in the rental sector. Eliza Owen, CoreLogic's head of residential research, provides insights into this surge: “Rather than rent increases being limited by affordability constraints, annual rent growth has once again started gathering pace at the start of 2024,” she explains. Owen suggests that the rise could be attributed to a shift in tenant preferences, as renters are nudged towards more affordable, peripheral housing markets. This shift is driven by pricing pressures in central metropolitan areas, making less central locations with slightly lower rents more appealing. These areas not only offer more space suitable for group households but also feature less competitive rental conditions, attracting more tenants. For investors, this trend signals a potent opportunity to reassess property portfolios, possibly considering the peripheral markets as promising areas for investment to capitalise on the ongoing high demand. 🏘️📊 📩 If you’re considering an investment feel free to send me an email at [email protected] #RealEstateAustralia #PropertyInvestment #RentalMarket #CoreLogic #MarketTrends #Investing

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As a buyers agent that's been engaged for 91 purchases in the last 18 months, this is what I'm seeing: - CoreLogic reports an increase in National Dwelling Values in April. This marks the 15th consecutive month of growth in the current cycle. - This growth has occurred despite 13 interest rate rises. - Property values are demonstrating resilience and reaching all-time highs. - I invest nationwide, focusing on areas with stronger supply and demand balances. - In my business, inquiries increase whenever the RBA pauses interest rate hikes. - More people attend open homes and there's heightened competition and confidence during rate pauses. - Despite owning a portfolio and dealing with high interest rates, I prefer the cash rate to remain stable. - A decrease in rates now could overheat an already heated market. - Many ask if now is a good time to invest; if you're financially and emotionally ready, it makes sense to invest now rather than wait. - Future rate decreases could lead to even more market chaos. If you're in the space - what are you seeing? #KevTran #PropertyInvestment #PassiveIncome #Australia #RealEstate #PassiveIncomeFromProperty #AustralianPropertyInvesting #AustralianPropertyMarketUpdate #InterestRateChanges #CashflowPositiveProperties #RealEstateInvestor #RealEstateInvesting #PropertyInvestment #InvestmentProperty #Investment #FinancialFreedom #FinancialIndependence #Wealth #RentalProperty #Property #AustraliaProperty #InvestingTips #PropertyPortfolio #WealthCreation

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Most Australians use a broker, not the bank, and here's why: 1. We're home loan professionals 2. We compare products from a range of lenders 3. We find the right solution based on your needs 4. We do the legwork for you 5. We work in your best interests Want to find out more? Get in touch for a no strings chat. 🔗 Click the link in bio to book a meeting or find out more! #MortgageAdviceBureau #Annangrove #SydneyHomes #SydneyProperty

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🔑 Unlock the Secrets to SMSF Home Loans with Our FREE Guide 📚 Thinking about investing in property through your Self Managed Super Fund? Our comprehensive guide to SMSF home loans is your first step towards making informed decisions. From benefits to how-to steps, get the insights you need to navigate this investment opportunity. Download your FREE copy now at https://lnkd.in/gXre4N9C and start your journey towards financial growth today! #SMSFInvestment #FreeGuide

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🔑 Unlock the Secrets to SMSF Home Loans with Our FREE Guide 📚 Thinking about investing in property through your Self Managed Super Fund? Our comprehensive guide to SMSF home loans is your first step towards making informed decisions. From benefits to how-to steps, get the insights you need to navigate this investment opportunity. Download your FREE copy now at https://lnkd.in/gXre4N9C and start your journey towards financial growth today! #SMSFInvestment #FreeGuide

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🔑 Unlock the Secrets to SMSF Home Loans with Our FREE Guide 📚 Thinking about investing in property through your Self Managed Super Fund? Our comprehensive guide to SMSF home loans is your first step towards making informed decisions. From benefits to how-to steps, get the insights you need to navigate this investment opportunity. Download your FREE copy now at https://lnkd.in/gXre4N9C and start your journey towards financial growth today! #SMSFInvestment #FreeGuide

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