rental property

Rate Cuts Herald Lower Rents for Tenants

This comes as a welcome relief to many renters struggling to keep up with the mounting rental prices. As the Reserve Bank of Australia has begun to slash interest rates, relieving many Landlords’ mortgages, rental costs have similarly begun to fall.
As APM Senior Economist Liam O’Hara predicts “There maybe further moderation in median asking rents for the remainder of the year as the possibility of a global recession feeds into the Australian economy.” […]

By |May 24th, 2011|Categories: News|Tags: , , , , |Comments Off on Rate Cuts Herald Lower Rents for Tenants

Suburbs Where it is Cheaper to Buy Than to Rent

Australian Lending Centre uncovers a number of suburbs in Australia where it is more affordable to buy property than rent.
According to research by property specialist RP Data, there are 74 suburbs across Australia where the monthly cost of renting is higher than that of a mortgage repayment. This is split respectively between regional and metro […]

By |May 23rd, 2011|Categories: Investment Property Loans|Tags: , , , , , , , |Comments Off on Suburbs Where it is Cheaper to Buy Than to Rent