Housing Market Update August 2017
Today the Reserve Bank of Australia announced they will be cutting the official cash rate by 25 basis points to a new historic low of 1.5 per cent.
Latest reports for the Australian property market have revealed that real estate is entering a new cycle with dwelling values falling across five capital cities during the month of November.
Top 20 most expensive suburbs in Australia. Due to the enormous 11% increase in home values for Australian capital cities over the past year, there are now 437 suburbs across the country with an average property value of $1 million or more.