June Newsletter

June Newsletter | PMM

In what was the biggest one-off rate hike in 22 years, this month the Reserve Bank of Australia (RBA) increased the cash rate to 0.85 per cent in order to curb skyrocketing inflation.  Following the announcement, all of the big four banks passed on the rate increase in full, with some smaller lenders also following suit.  As interest […]

May Newsletter

May Newsletter | PMM

This month, the Reserve Bank of Australia (RBA) increased the official cash rate for the first time in more than 11 years. The move is likely to have huge implications for the housing industry. For one, lenders have already been passing on the cash rate hike to variable mortgage holders.  There could also be other […]

April Newsletter

April Newsletter | PMM

As the Easter eggs come off the shelves, some aspiring homeowners are shifting their focus from chocolate to securing a property during the busy Autumn buying season. If you’ve been struggling to break into the property market, it’s worth looking into the  government’s proposed $8.6 million expansion of the Home Guarantee Scheme, which if elected, aims […]

March Newsletter

March Newsletter | PMM

Autumn has arrived and what a wonderful time of year to turn over a new leaf with a property purchase. While national housing values are generally rising, the pace of growth has trended downwards since April last year, according to CoreLogic figures. CoreLogic director of research, Tim Lawless, said every capital city and broad ‘rest of state’ […]

February Newsletter

February Newsletter | PMM

The property market is up and running, gaining momentum after the summer holidays. January is typically the quietest month for property sales, but activity across Australia was about 15% higher than January last year, and almost 40% higher than the previous five-year average. Although property prices have continued to rise, albeit at a slower pace, […]

January Newsletter

January Newsletter | PMM

Hello 2022! We hope you enjoyed some quality time with family and friends over the Christmas and New Year break. In December, we saw auction activity go gangbusters, with capital city auction volumes through the roof. With more stock available, it may leave you in a better position to negotiate on price. If you’re planning […]

October Newsletter

October Newsletter | PMM

It’s an exciting time for property owners, with Australian housing values continuing to rise in many markets. The rate of growth has slowed down of late, but is still well above average. Lockdowns continue to affect sales and listing volumes, but once restrictions are eased, activity is expected to recover quickly, as was the case […]

November Newsletter

November Newsletter | PMM

If you’ve been holding out to buy a property in areas affected by lockdowns like Sydney, Melbourne or the ACT, we have some good news for you! The Spring selling season is starting to heat up now that lockdowns have eased, with plenty of new listings coming on to the market. Nationally, new listings surged […]

December Newsletter

December Newsletter | PMM

Summer has arrived and not only is the weather heating up, so is the property market! Property volumes are continuing to surge, with plenty of new listings going up in areas previously affected by lockdowns such as Sydney, Melbourne and Canberra. Meanwhile, Australian property values are seeing a slowdown in the monthly rate of growth. […]