We have now had 3 Rate Cuts this year. The cash rate now sits at 3.6% for the first time since April 2023. Thats around 150per week improvement in cash flow for someone with a $1m mortgage compared to last year. Sydney’s auction clearance rate hit 74% the other day....
Forgive me if I get a bit esoteric this month, but… it’s Christmas. And as I type ash and embers are falling like snow on the back deck and we are watching the Currowan Fire phase 2. Massive shout out to the legends fighting them on the front lines! I already wet the...
I have a few semi-related bits to post – so I will break things up. I will send the market update today and the “part 2” (technical term I know) in a few days. Market Update. Short version – the south coast is humming along. RP Data and...