National dwelling values increased by 0.6% in July, maintaining the pace of growth seen in the previous two months, based on CoreLogic’s latest Home Value Index. This represents the sixth consecutive month of growth, coinciding with the initial rate reduction implemented in February.

At its meeting today, the Board decided to leave the cash rate target unchanged at 3.85 per cent.

Australian housing values increased by 0.6% in June, representing the fifth consecutive month of growth after the -0.3% decline recorded between November and January.

Property management serves as the core of a real estate agency, with property managers playing an essential role in overseeing properties, supporting landlords, and managing tenant relationships.

In May, Australian dwelling values experienced a further increase of 0.5%, elevating the national index by 1.7% over the initial five months of the year. This growth was widespread, with each capital city recording a minimum rise of 0.4% throughout the month.

If you are contemplating managing your own investment property, here are seven essential tips to help you optimise your rental returns and secure the most suitable tenants.

Knowledge of the current real estate market cycle is important to first-time and experienced investors as it affects their strategies. Their decisions may vary depending on which part of the cycle the market is in—boom, slump, or recovery. This way, they can assess the proper timing for investments, which can maximise profitability and mitigate risks in the long run.

Investing in property is a viable strategy for accumulating long-term wealth. By making astute property investment choices, you can achieve substantial profits and set yourself on the path to financial independence.

Investing in property is a viable strategy for accumulating long-term wealth. By making astute property investment choices, you can achieve substantial profits and set yourself on the path to financial independence.

Buying a distressed property can be a good way to secure yourself a better deal, however, these types of properties are often going to come with a few strings attached that you need to be aware of.

When it comes to renovating your property, the costs involved can very quickly add up. Just how expensive the project is going to be, really comes down to the scope of what you’re trying to do. Painting a few walls and updating the carpets is a very different undertaking to adding another storey to a house.

Acquiring immediate equity by purchasing investment properties below market value should be a priority for any serious property investor. However, identifying truly discounted opportunities among the vast number available is a challenging endeavour. Even when such a property is found, how can you ensure that your research and analysis are accurate? This infographic provides seven crucial tips to assist you in your next search for discounted investment properties.

Understanding the level of vendor discounting in an area is important as it can help you determine the level of demand for property in the area.

If you have a property with tenants then it means your property is going to have wear and tear and ultimately maintenance will be required.

If you are planning to buy your next investment property, it’s possible to use the equity in your home or other investment properties to help you do so. You can gain equity by your property increasing in value, whether that is through capital growth or renovation, or paying off your home loan. Check out this beginners guide to using equity to learn more.