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[Podcast Episode 7] Building Inspections, Buying Old Vs New Homes, and Part 2 of our Top 10 Risks for Property Investors

In this episode we discuss building inspections, investing in existing property vs new, plus don't miss part 2 of our top 10 risks for property investors.

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Dennis Wong
Dennis Wong
Real Estate Investar product specialist.

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Residential property values surge in anticipation of an active spring selling period

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.

Cash rate target lowered to 3.60 per cent

At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent.

Property values are rising in every capital city as market momentum builds

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.