Archive for May, 2013

Our Backyard Lorne

‘Lorne Market Round-up'. According to R.P data senior research analyst, Cameron Kusher, weekly rents have increased by 3.5% over the past year while value growth has been moderate and there has been virtually no change to yields yet investor activity in the housing market is ramping up.
Over the 12 months to April 2013, capital city median rental rates are recorded at $474/week for houses and $440/week for units.
Despite the comparatively … Continue Reading »

Our Backyard Lorne

‘Lorne – Market Round up’. Last weekend I was fortunate enough to attend the Australian Real Estate Conference at the Gold Coast convention center. It was a great two days of listening to world best real estate speakers and also some great Australian business people and media commentators.

To hear people like Sydney’s Alan Jones and Aussie Home Loan king John Symond spruik their stories and forecasts for the future … Continue Reading »

Our Backyard Lorne

‘Lorne – Market Round up’. Without doubt the biggest news of the week has been the Reserve Bank of Australia taking the lead to reduce interest rates to their lowest point in history at 2.75%. This landmark level and “market optimism” combined with the Federal election later in the year surely must signal the final opportunity for those wanting to secure a lifestyle asset at the bottom of … Continue Reading »

Our Backyard Lorne

‘Lorne – Market Round up’. According to the recent post by R.P Data dwelling values across the country contracted – 0.5% over the month of April after posting a solid 2.5% gain over the first three months of 2013.
Based on the April R.P Data Rismark Home value index, capital city dwelling values recorded their first month on month decline since December, posting a -0.5% fall across the combined capital cities … Continue Reading »