Inner City predicted to Outperform

On Tuesday the Reserve Bank of Australia and 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 economists unanimously predicted no cash rate change.

However, more than half of those surveyed predict the cash rate will rise next year. Five respondents from Commonwealth Bank, CommSec, Urbis, HSBC and St George Bank expect to see a cash rate rise by the end of the year. Ten of the 16 participants suggested the public’s reaction to federal Budget cuts will delay the change in cash rate, with nine stating the economy still has to grow in stability before any significant cash rate changes occur

The other point of interest is one that I often share with people when we’re discussing observable trends in the residential property market ;

Demand for inner-city housing is likely to surge in the future, while regional areas and outer suburbs will attract ever fewer buyers, according to a leading economist at the Reserve Bank of Australia (RBA). “The trade-off between space and place is getting steeper. Locating on the fringe is relatively less attractive than it used to be, and not only because the fringe is moving further out,” she said.

According to RBA data, the gap between prices in the inner ring and the outer suburbs is widening as desirability pushes up prices.

The RBA’s head of financial stability, Luci Ellis, recently spoke about Australia’s housing. These are the five points you must know about her property market speech.

Inner-city predicted to outperform regions
Demand for inner-city housing is likely to surge in the future, while regional areas and outer suburbs will attract ever fewer buyers, according to a leading economist at the Reserve Bank of Australia. More>>

Housing at most affordable level since 2002

Housing is now at its most affordable level in 12 years thanks to growth in disposable incomes, according to new research. More >>>

The Reserve Bank of Australia has today announced the outcome of its fifth board meeting of the year. More>>

Instagram Posts

🏗️ Exciting Construction Update on Dawn’s Progress!

🏡 Quality Craftsmanship:
Dawn’s fit-out showcases excellence in every detail. Our video highlights the remarkable progress of this apartment, emphasising the commitment to quality craftsmanship and thoughtful design. From foundation to finishing touches, no compromises have been made in creating a home that exceeds expectations.

🌴 Coastal Living at Its Finest:
Situated in idyllic Mermaid Beach, Dawn offers a lifestyle many dream of. Residents will have the privilege of enjoying the beach, golden sands, refreshing surf, and invigorating coastal walks right at their doorstep. Embrace the serenity and beauty of coastal living.

🛍️ Conveniently Located:
Mermaid Beach is a vibrant community with a wealth of amenities and attractions. Dawn is thoughtfully positioned near an array of dining, shopping, and entertainment options. From trendy cafes to world-class restaurants, Pacific Fair Shopping Centre to The Star Gold Coast, everything you need is within reach.

🪴 Thoughtful Design:
Dawn has been carefully designed to create a space that harmonizes luxury and comfort. The video showcases the sleek and modern kitchen, spacious living areas, and seamless indoor-outdoor flow. A testament to mosaics commitment in providing an elegant and inviting living experience.

🏊 Resort-Style Amenities:
Dawn will offer residents access to resort-style amenities, including a sparkling swimming pool, fully equipped fitness center, and beautifully landscaped gardens. These facilities enhance your lifestyle, offering relaxation, rejuvenation, and community connection.

🔨 Progressing Well:
Dawn is progressing beautifully, thanks to our dedicated team. Every aspect of this property meets the highest standards. In the video, witness the care and expertise that goes into bringing this exceptional home to life.

📞 Stay Updated:
To stay informed about the latest updates on Dawn, reach out to us. We will provide any information you need and keep you in the loop as this remarkable property nears completion.

#australia #coastalliving #Dawn #quality #queensland #brisbane #mermaidbeach #dreamhome #new
...

3 1

Every little action makes a difference ✨ ...

5 3

Slow and steady wins the race.. what are your goals ? ⚡️

#transformation #inspiration #enjoy #winner #success #growth #fun #challenge #grind #strength #mindset #goals #ambition #goals #propertygoals
...

3 2

Persevere in the face of challenges.⁠
But, never lose sight of the ultimate goal 🏆️
...

2 2

Enjoy meal times with the serenity of riverfront living 🍃 ...

6 3

Make the most of what you got!⚡️⁠
...

2 2

Taking risks is an unavoidable component of business success, so it is wise to embrace that idea.⁠

However, if you can get past the fear of taking the risk, many benefits can await you on the other side⚡️
...

4 2

Each Day is a gift to start fresh! 🌅⁠
...

5 1

What`s your plan? 💫 ...

3 1

There is nothing like a cozy living space with open-plan living.. not to mention the generous balconies with the most amazing expansive views over Brisbane ✨⁠

The WFH potential provided by the superb infrastructure and lifestyle attributes of South East Queensland is being sought after by an increasing number of interstate arrivals. ✈️⁠




...

5 1

As they say, slow and steady wins the race! 😎 ...

2 1

Enjoying the Brisbane skyline!⁠ ⁠



...

4 1

What do you miss about coming home after travelling? ✈️ ...

2 4

Just another day in sunny Brisbane 💫 ...

2 1