InvestFox Property Group

🎉 Cheers to 30 Property Settlements Last Month! 🏡🥂 At Investfox Property Group, we're overjoyed to share the news of a fantastic month, with over 30 property settlements leaving our clients ecstatic. 🌟 🤩 Happy Clients: Our top priority is your satisfaction, and seeing our clients delighted with their investments is the ultimate reward. 💰 6% Rental Yield: In these times of soaring interest rates, our clients are enjoying an impressive 6% rental yield. It's not just an income; it's a smart strategy to combat high rates. 🏢 High-Quality Properties: We're proud to offer high-quality properties in a rapidly growing area with substantial government infrastructure plans. This means not just today's value but also tomorrow's potential. 🌆 Growth Area with Vision: Investing in an area with significant government infrastructure plans is like investing in the future. It's where opportunities blossom, and property values flourish. 🙌 Great Team Efforts: Behind these achievements is an extraordinary team, fueled by endless cups of coffee and a shared commitment to supporting each other. Teamwork makes the dream work! 🤗 Supporting Your Journey: Your success is our mission. Whether you're an experienced investor or taking your first step, we're here to guide you with expertise and personalized support. Join us in celebrating these milestones and the bright future ahead. If you're ready to grow your real estate portfolio and secure your financial future, Investfox Property Group is here for you. Let's make your investment dreams a reality! Click Here To Connect - https://lnkd.in/gCbMku7Z #InvestfoxPropertyGroup #PropertySuccess #HighYieldInvestments #FuturePlanning #Teamwork #RealEstateWealth #PropertyInvestment

🏡Housing Market Overview – September Quarter 2024 The real estate market is heating up! 🌟 Demand remains strong, with high dwelling sales, but available stock is tightening—just a three-month supply on the market. Prices are beginning to rise again. 📈 Since 2000, Australian home values have surged, with house prices up 3.6x and apartment/townhouse prices up 2.5x. The property cycle has shortened to about four years and may speed up even more. ⏳ Capital city markets are optimistic: 70% expect prices to rise in the next 12 months. Regional areas are also positive at 53%. Mortgage stress isn't as widespread as reported, and many homeowners are successfully renegotiating their rates. 💰 Investor trends show a shift: Detached housing is losing ground as prices rise, while apartments gain popularity due to affordability. Townhouses remain steady. 🏘️ Stay tuned as we move forward into 2024! #RealEstate #PropertyMarket #InvestmentTrends #Investfox

🏡 Navigating High Rates & Prices 🏡 The market is tough with high interest rates and elevated prices, but demand remains strong across all segments. 🔻 Impact on Buyers: Reduced borrowing power is pushing many toward affordable homes, but demand for luxury properties stays robust. 📊 Growth Trends: Both affordable and high-end properties are seeing significant price growth, showing the market's resilience. 💼 Key Factors: Rental Crisis: Driving renters to buy smaller, cheaper homes. Investor Activity: Investors are back, focusing on affordable options. Top-End Strength: Despite high rates, the luxury market thrives due to financially stable buyers. 📈 City Trends: Adelaide sees balanced growth. Brisbane, Darwin, and Perth have faster growth in affordable homes. Sydney's luxury market outpaces lower tiers, while Melbourne's growth lags. 💡 Market Resilience: Strong demand persists across all segments, with affordability pressures and top-end demand driving the market. #PropertyMarket #RealEstate #HousingTrends #CoreLogic #PropertyInvestment #Investfox

🏡 Melbourne’s Market Shift 🏡 Once a leader alongside Sydney, Melbourne’s property market is adjusting. 🔻 Slowed Growth: Brisbane surpassed Melbourne as Australia’s second most expensive city in March 2024—breaking a 14-year trend. 📉 Challenges: Population loss and pandemic impacts slowed Melbourne’s recovery. As of June 2024, prices are still 3.89% below their previous peak. 📊 Cautious Buyers: High interest rates and living costs have cooled buyer sentiment, with only 19% of Victorians seeing it as a good time to sell. 💡 Adjustment Period: Despite challenges, Melbourne's market remains active, with prices normalizing after years of rapid growth. #MelbourneProperty #RealEstate #PropertyMarket #HousingTrends #CoreLogic #PropertyInvestment

📊 Renters Favor Larger Homes Amid Cost of Living Squeeze 📊 Eliza Owen's latest analysis of Australia's rental market reveals a trend towards larger dwellings as renters navigate rising living costs, using CoreLogic's new bedroom count metric. 🏡 Key Insights: Larger Properties in Demand: Rental growth is stronger for larger homes, with 5 bedroom houses seeing an 8.7% rent increase over the past year. This may reflect more renters forming share houses or multi-family households. Slower Growth for Smaller Units: Rent growth for 1-bedroom units and studios slowed significantly from 16.8% to 7.1% over the past 12 months, marking the weakest growth among unit types. Cost Efficiency: The average rent per bedroom decreases as the number of bedrooms increases, making larger properties more cost-effective for renters in group living situations. Record High Rents: National median weekly rents hit a new high of $634 in June, up $48 from a year ago, highlighting the ongoing rental affordability challenge. As the cost of living continues to rise, more renters are opting for larger properties to share the financial burden, with this trend most evident in NSW and Queensland. #RentalMarket #CostOfLiving #HousingTrends #CoreLogic #PropertyInvestment #Investfox

🏠 Three Capital Cities See Home Value Declines as Market Momentum Slows 🏠 The Australian property market is showing signs of cooling, with three capital cities recording declines in home values over the past three months. 🔻 Melbourne led the downturn with a -0.9% fall, followed by Hobart (-0.8%) and Darwin (-0.3%). This shift comes as national home values still posted a 0.5% rise in July, marking the 18th consecutive month of growth. 🔸 Despite these declines, mid-sized capitals like Perth and Adelaide are bucking the trend, with Perth seeing a robust 6.2% quarterly growth. 💡 Key Insights: Sydney's growth has slowed significantly, now at 1.1% for the quarter, down from 5.0% a year ago. Units are now outpacing houses in value growth in most capitals, driven by affordability pressures and rising investor interest. Rental Growth is also easing, particularly in the unit sector, with cities like Sydney and Brisbane experiencing the first monthly rent declines since 2020. The market is facing diverse conditions across regions, and while supply shortages continue to support prices, affordability challenges and borrowing constraints are reshaping demand. #RealEstate #PropertyMarket #HomeValues #HousingAffordability #CoreLogic #PropertyInvestment #Investfox

📉 Monthly Rental Growth Hits Lowest Rate in Four Years 📉 The Australian rental market is showing signs of relief for renters, with national rents rising by just 0.1% in July—the slowest monthly growth in four years, according to CoreLogic's latest data. 🔸 Over the past five years, rents surged by 39.7%, adding about $180 to weekly rental payments. The recent slowdown is a welcome change for many renters across the country. 🔸 The easing demand in major cities like Sydney and Brisbane has resulted in slight declines, while regional areas continue to see growth. 🔸 With affordability pressures mounting, many renters are exploring alternative housing options or even entering the property market. 📊 Key Insights: Sydney and Brisbane rents declined by 0.1%. Perth leads with a 12.7% annual rental growth. First-home buyer lending rose by 1.5% in June. While the slowdown offers some respite, low supply continues to challenge the market. The path forward requires strategic solutions to address housing needs. #RealEstate #PropertyMarket #Rentals #HousingAffordability #CoreLogic #Investfox

🏡 CoreLogic's August 2024 Home Value Index (HVI) Update 🏡 CoreLogic has released its August Home Value Index, revealing the latest trends in the Australian property market. 📊 Key Takeaways: National Growth: Home values rose 0.5% in July, marking the 18th consecutive month of growth, with values up 13.5% since November 2022. Declining Capitals: While the national growth rate remains positive, three capitals recorded declines over the past three months—Melbourne (-0.9%), Hobart (-0.8%), and Darwin (-0.3%). Slowing Momentum: Sydney's growth has slowed to 1.1% for the quarter, down significantly from 5.0% last year, reflecting a more diverse and complex market. Market Outlook: Despite ongoing supply constraints supporting prices, the housing sector faces growing downside risks. Stay informed and navigate the evolving market with CoreLogic’s latest insights. #RealEstate #PropertyMarket #HomeValues #CoreLogic #HousingTrends #Investfox

📢 New Home Sales Surge with Off-the-Plan Buying! 💼 Why Buy Off-the-Plan? 𝗟𝗼𝘄𝗲𝗿 𝗨𝗽𝗳𝗿𝗼𝗻𝘁 𝗖𝗼𝘀𝘁: Pay a 10% deposit now, balance at completion. 𝗧𝗶𝗺𝗲 𝗔𝗱𝘃𝗮𝗻𝘁𝗮𝗴𝗲: Save up and reduce borrowings over 1-2 years. 𝗡𝗲𝘄 𝗛𝗼𝗺𝗲, 𝗡𝗼 𝗛𝗮𝘀𝘀𝗹𝗲𝘀: Enjoy some customization without the stress of building. 🏠 𝗙𝗶𝗿𝘀𝘁-𝗛𝗼𝗺𝗲 𝗕𝘂𝘆𝗲𝗿 𝗣𝗲𝗿𝗸𝘀 Various incentives and stamp duty concessions. Check your eligibility at Stamp Duty Calculator. 📈 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 Tax benefits from depreciation. Attractive rental returns (do your research on actual market rents). 🔍 𝗕𝘂𝘆𝗲𝗿 𝗕𝗲𝘄𝗮𝗿𝗲 Be cautious of over-supply and economic factors affecting property values. Research the developer's reputation and previous projects. ✨ Off-the-plan buying can offer great rewards, but make sure to do your homework and seek legal advice. #RealEstate #Investing #FirstHome #OffThePlan #PropertyMarket #Investfox

📢 Exciting News in Residential Construction! Residential construction costs are rising at the slowest annual pace in over 20 years, per CoreLogic's