Australia’s mid-year Cotality Housing Value Index offers welcome news for landlords: income streams are stabilising while capital values resume measured growth. National dwelling prices edged 0.6 per cent higher in June and 1.4 per cent for the quarter, leaving the median property at $837,586. Gross rental yields now hover near 3.7 per cent nationally, 3.5…
Category: Investing
Falling interest rates have gently revived Australia’s housing market, yet aspiring buyers still face stern affordability tests. Cotality’s June Home Value Index shows national dwelling values crept 0.6 per cent higher in the month and 1.4 per cent across the quarter. Two Reserve Bank cuts, in February and May, underpinned the shift; futures markets now…