October property investment overview
We head into the end of the month with some interesting perspectives. The real estate market has no doubt slowed down following consecutive interest rate cuts but we're seeing a stronger than expected performance in terms of prices holding up and clearance rates bouncing back from low levels.
Wealthi's Co-Founder Peter Esho predicted early in October that the RBA would increase by less than expected and his forecast was precisely on the money. The 0.25% increase (compared to expctations of 0.50%) sent some confidence throughout the market that perhaps the central bank in Australia will do things differently to globlal peers.
We go into November with a similar type of optimism, continuing to find great investment opportunities that will perform well regardless of the economic environment. Our focus remains on residential properties located in excellent growth hubs, supported by infrastructure, employment, population growth and modest supply levels.
Here is a collection of our recent insights and analysis: