See You Later [ PHILLIP.. ]

21 Sept

Happy 2nd SUNDAY of Spring..

Well as a parting GIFT for exiting Reserve Bank Governor Phillip Lowe, we have seen the RBA keep the Cash Rate unchanged for the 3rd month in a row at 4.1%. Recent data confirms that inflation has been falling at a much quicker rate than initially expected.

The latest data still points to the current rate of inflation sitting at 4.9%, which is still above the RBA's target range of 2-3%, however importantly this is ahead of expectation. Inflation is still HIGH, however, it is heading in the right direction and is expected to be back within target ranges by 2025.

Although Interest rates remain high, the 1st green shoots of the market stabilizing are emerging, with some states such as Sydney recording an annual growth rate of 5%, whilst Melbourne's rate has slowed drastically, having only fallen for the calendar year to -0.53%.

To CATCH the FULL ARTICLE from property journalist Daniel Butkovich, simply CLICK HERE or HIT the IMAGE below..

From myself and the team, we look forward to 'Helping You Find Home.'

This Week We Cover

See You Later [ PHILLIP.. ]
What's Coming, what's New, what's Sold
Property of the week
Auction results & clearance rates
Your suburbs sold results
Get your instant property price online
Quote/Event of the week

+ Coming + New + Sold

C+M's Coming Soon:

2/112 View Street, Glenroy: Coming Soon..
3/10 Oak St, Pascoe Vale: Coming Soon..
1/77 Northumberland Rd, Pascoe Vale: Coming Soon..
2/18 Tudor Street, Glenroy: Coming Soon..
1/132 Evell St, Glenroy: Coming Soon..
24B Hodson Street, Preston: Coming Soon..
(To book a VIP viewing, reply with your request..)

C+M's New 2 Market:

2 Clyde Court, Oak Park: $1.175m - $1.275m

Click here for more

C+M's Sold Results:

83 Victoria Street, Oak Park: SOLD @ Prior to Auction: $1,150,000

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Property of the week

**2 Clyde Court, OAK PARK**

$1.175m - $1.275m
4 Bed | 2 Bath | 6 Car

Learn more

Auctions - 09/09/23

*preliminary results based on Sundays data from realestate.com.au

Suburbs SOLD results

Your Property Estimate

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