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Sydney’s top-performing suburbs for rental yield have been revealed – and the findings defy the notion that high-yield suburbs often mean low capital growth.
Interest rate cuts in February and May have added about $8,000 to house prices in Sydney and Melbourne, according to new research.
Moody’s Analytics has found that national house prices usually increase by about 0.5 per cent every time the Reserve Bank reduces the official cash rate by 0.25 per cent, as has occurred twice this year.
A proposed housing scheme could make it easier for young and old Australians to find suitable homes at affordable prices.
New South Wales peak youth affairs body Youth Action has urged the state government to trial a ‘homeshare’ model it says has proven successful in other states and around the world.
Clampdown on lending will keep interest rates low
The major banks' clampdown on lending to landlords will help the Reserve Bank of Australia to keep interest rates at record lows by dampening the investor-led housing boom, economists predict
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