Market Quick Wraps

By Betty Lam (Head of Investments and Partnerships)

In March, Australia’s home values have seen the fastest rate of appreciation since October 1988. According to CoreLogic’s National home value index, March 2021 locked in a national 2.8% rise with Sydney spearheading the surge, with housing values gaining 3.7% over the month alone and staggering 6.7% across the first quarter.

We continue to watch the regulated lending space closely. In June 2015, we observed a similar surge in Sydney home values just ahead of investor lending interventions, which could throw cold water onto what is a very hot market.

Any information expressed in this Blog does not purport to be any financial or tax advice as we have not taken into account any of your financial or tax objectives that are specific to your circumstance. While effort has been exerted to make sure the information is as accurate and relevant as possible, it is at best construed as general information. You should not rely on the information provided as advice; and should instead seek your own independent advice from appropriately qualified practitioners or conduct your own research.

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