Latest Property News

RBA reaches decision on official cash rate for April

As widely predicted, the RBA has decided to hold the cash rate at a record-low 0.1 of a percentage point. CreditorWatch chief economist Harley Dale said the decision to leave interest rates on hold comes as no surprise. “The official cash rate is at a record low of 0.1 [of a percentage point] and the RBA…

Boom time for Australia’s residential property market as prices soar

Australia’s property market has recorded its strongest rise in almost five years with the average price of a residential home now more than $720,000.New figures released today from the Australian Bureau of Statistics (ABS) found residential property prices rose in all capital cities in the December quarter of 2020.The total value of Australia’s 10.6 million residential dwellings…

Agent of the Year Awarded to Vanessa Kim!

Congratulations to Vanessa Kim on winning Agent of the Year in the 2021 Rate My Agent Awards. This is a true testament to the excellent level of customer service Vanessa consistently provided throughout a year that was like no other. A fantastic achievement, putting her in the top 5% of agents in Australia.