In this episode, we discuss the strategy of using Cash Flow Positive Properties. We chat to Dr Nicola Powell of the Domain Group who will be providing us with a house and unit update across major markets. We also talk to James Lawrence who provides us with some useful information and tips for those that are looking at home renovations.
Cotality’s national Home Value Index (HVI) increased by 0.7% in August, marking the most significant monthly lift since May of the previous year. This momentum also drove annual growth higher for the second consecutive month, reaching 4.1%.
Cotality’s national Home Value Index climbed 0.7% in August—the largest monthly increase since May last year—lifting the annual growth rate to 4.1% for a second consecutive monthly gain.
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent.
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