Welcome to this week’s 2 Sense, where we take a plain English look at the week’s Big 3 property news stories. This week we heard the news of a $45 million record sale in Tamarama, sparking conversation of increased confidence, the budget is still at the front of peoples’ minds as to what this means for interest rates and property supply.
We will help you cut through all the noise and unpack what this means for you and your property.
On this episode of the Australian Property Podcast Buyer’s Agent Pete Wargent and Mortgage Broker Chris Bates discuss:
- Has buyer confidence and sentiment increased? – record sales this last week is this the start of a shift in the market?
- How the budget will affect population and housing – with overseas immigration ramping up again how will the housing market keep up? Chris and Pete discuss what this means for property investors and what you can do about it.
- Inflation narrative shift – with inflation slowing both in Australia and the US we discuss what we think will happen to rate hikes and what this might mean for mortgage rates
- Lending policy shifts – what could policy shifts in interest rate mean for property owners and investors? And what can you do about it?
