RBA says low interest rates could push up House Prices Up 30%

. . . . Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......
. . . . Analysts at the Reserve Bank have projected house prices could increase by 30 per cent over the next three years if low interest rates prevail.......
. . The Reserve Bank of Australia (RBA) drops cash rate to historic low of 0.1% which fuels property market Historically cuts to interest rates have fuelled housing market activity and generally put upwards pressure on dwelling prices.......
. . . . Gold Coast Homes maintain amazing stability and value Over the years many Gold Coast residents, particularly within the rental sector, have exited the Gold Coast and returned to their Family homes in Melbourne, Sydney etc.......
. . . Fast-tracked tax cuts for 11 million Australians, wage subsidies for young workers and business incentives underpin a big-spending federal budget aimed at creating jobs to drive Australia out of the coronavirus recession.......
. . Migration to the Gold Coast from Melbourne and Sydney is picking up pace rapidly There have been some substantial property purchasers on the Gold Coast from Melbourne and Sydney Buyers over the past few months.......
. . . Plans are picking up steam to connect the Gold Coast light rail to the airport and create a pedestrian "ocean-way" along Palm Beach.......
. . Queensland Gold Coast property market may avoid a predicted downturn due to the coronavirus pandemic with an increase in the number of interstate buyers looking for not only a sea change, but a clean warm healthy change of lifestyle.......
. . The Australian Bureau of Statistics (ABS) reported that 33,712 Australians refinanced a record $15 billion worth of mortgages in the month of May due to customer reaction as the country's first recession in nearly 30 years hits home.......
. . . The Aria Property Group has lodged plans to build a 30-storey tower with 382 apartments, a two level of residents rooftop entertaining area, plus a 1,350sq metre public park at the base of the building, and a ground floor retail component.......