Australian Home Prices and Interest Rates – April 2015

Dr AndrewWashington Green Property

Hi Everyone, The case for the RBA resuming interest rate cuts this year has been fairly clear: commodity prices have fallen more than expected; the $AUD has remained relatively high; while residential construction and consumer spending are okay the outlook for business investment has deteriorated pointing to overall growth remaining sub-par; and inflation is low. … Read More

Inner City predicted to Outperform

Dr AndrewWashington Green Property

Hi Everyone, On Tuesday the Reserve Bank of Australia announced the outcome of its fifth board meeting of the year. As widely predicted, the RBA announced it will be keeping the cash rate on hold at 2.5 per cent. A survey conducted by loan comparison website finder.com.au prior to the board meeting found 16 Australian … Read More

Aussie homes: as affordable as a decade ago

Dr AndrewWashington Green Property

Hi Everyone, I thought it would be appropriate to include these news items as I am often asked the question “ Isn’t Australian property overpriced ?”. This brings out a number of interesting insights and whilst statistics can sometimes be somewhat misleading, it is reasonable to use the rule of thumb that people spend about … Read More