September marked a striking turn in housing market sentiment; consumer confidence increased, new listings rose, and six of the eight capital cities recorded a rise in home values over the month, according to the Core Logic Home Value Index.
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Property investment is one of the ways to build long-term wealth. In Australia, statistics show that the value of residential property increased in early 2024. If you make smart property investments, you will have great profits and pave your way towards financial freedom.
Investing in property is an effective way to build wealth in Australia. In fact, the Australian Bureau of Statistics states that the total value of residential dwellings in the country increased significantly in the March quarter. It shows Australians find property a worthy and stable investment.
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent.
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