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Australia’s house prices reached record highs during the heights of the Covid-19, with our most expensive city – Sydney – leading the pack.
Rising interest rates, strong population growth and a worsening housing shortage is pushing rental demand well ahead of rental vacancies. While the outlook for renters is bleak, with asking rents about to surge strongly in many areas, this also means that property investors seeking positive cashflow properties will be the winners.
You can’t escape the headlines that remind us certain property markets around Australia have started to fall. Is this the leg-up first home buyers so desperately need, to get themselves onto the property ladder at last?
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