Posted in Rents

Deciding whether to buy or rent a home depends on various factors, including your financial situation, lifestyle preferences, and long-term goals. Here are some key considerations to help you make an informed decision: Financial Considerations: Upfront Costs: Buying a home typically requires a substantial upfront investment, including a down payment, closing costs, and other fees. Renting, on the other hand, usually involves a security deposit and possibly first and last month's rent...

It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world! Let’s look at some of the highlights from 2023. Interest rates climbed and then plateaued From May 2022, the Reserve Bank of Australia (RBA) began an aggressive cycle of tightening the cash rate to get inflation under control. In 2023, we saw the RBA lift the cash rate in February, March, May, June, and November, leaving mortgage holders grappling with rising...