Reign&Co

12/05/2021

You know what time it is, Wednesday market insight.

This week we will be discussing vacancy rates for a few post codes in Sydney, with a tables provided by SQM.

The three tables show vacancy rates from post codes 2750, 2774 and 2040, which all tell a different story over the last 1.5 years. At the start of 2019 2774 had the lowest vacancy rates 1.3% with 2040 3.7% and 2750 3.3%.

As we can see over the last year, the vacancy rates for 2 post codes have decreased and 1 has increased. This is highly influenced by covid and people trying to find cheaper rents.

Why vacancy rates? Vacancy rates gives you an idea of how many renters are in a market, which could push rents up because there is less options in the market. This is one fundamental when looking at property and why you are buying.

05/05/2021

You know what time it is, Wednesday market insight.

This week we will be discussing property listings for the major capitals, with a table provided by SQM.

As we can see in the table for the yearly change, only Sydney 5%, Melbourne 18.9% and Perth 3.9% are the only increases. The other major cities all have decreases ranging from -10.6% - -22.4%.

The monthly change only Hobart went against the trend and decreased by -4.8%, while the others had changes 2.7% - 9%.

The market is looking healthy, even after the pandemic. Property listings increasing, prices increasing and other fundamentals looking good.

Are you ready to take advantage of the market?

21/04/2021

You know what time it is, Wednesday market insight.

This week we will be discussing Weekly rents for the capital cities with a table provided by SQM.

As we can see from the table for the 12 month change only Sydney units, Melbourne units and Melbourne houses have had decreases in rents. With the ranges of increases varying for capital cities from 0.1% - 24.9%.

The rents tell a story that Sydney and Melbourne have been hit the hardest through Covid, which we can see also with internal population growth. People have found other areas to rent, which then has put pressure on supply and increased the demand.

With property looking healthy with Covid still around, the next few years in property are looking exciting.

Are you ready to make your next move in property?

07/04/2021

You know what time it is, Wednesday market insight.

This week we will be discussing property listings with a tables provided by SQM.

The tables chosen are from NSW and are Sydney CBD, Blue Mountains and Hunter Region. As we can see the three tables show three different stories, how they were affected by covid and what happened during this period.

Looking at the Sydney CBD table there is very little stock of houses, however this is always the case in the CBD. Units however have had a big increase in listings, assuming this is due to covid and renters losing jobs and not being able to afford rents. Which then this pushes them into other regions with cheaper rents or back to their parents house.

Looking at the Blue mountains and Hunter region listings we can see both have had a reduction in listings for both houses and units. With the Hunter region having continued decrease in listings, while Blue Mountains having a jumpy decrease.

This shows us that people have moved from the CBD to other regions because of covid, how long these changes will be around is unknown. Big businesses will encourage staff to come back to the city offices, to ensure they keep the company culture built.

The next few years in property are looking exciting, are you ready to take action?

24/03/2021

You know what time it is, Wednesday market insight.

This week we will be discussing rents in the major cities with a table provided by SQM.

In the table we can see the 12 month change is majority green, showing the rents are higher now then 12 months ago. The only capital cities with red are Sydney and Melbourne, who were the two biggest hit cities with Covid. Hobart units are also in the red however only with a -0.5% change, while Sydney and Melbourne ranges between -6.2% - -12.5%.

Depending whether you live in or around the major cities or regional, will depend on how rents have reacted to Covid. regional cities have out done capital cities over the last year, because the population has had to shift from the major cities because of covid.

Will the population stay in regional towns, or will they have to move back for work. This is unknown territory however understanding how people react in certain situations will give you an idea of locations for property throughout the coming years.

10/03/2021

You know what time it is, Wednesday market insight.

This week we will be discussing why the next few years might set up your property goals.

With the RBA interest rates at a historic low of 0.1% money is cheap. It was announced that interest rates could be this low for up to three years.
Locking in loans with the interest rates today will save you money in the end.

Looking at previous data may not give the required information, because there has never been an event like Covid. With the population getting used to the idea that Covid is apart of life, now we move forward. The population will shift to new area depending on their work situations, which may bring more jobs into an area which could give an indication of capital growth. This could be areas outside of the capitals, as people may stay away from high rents in the capitals.

Are you looking to get into property and want to give yourself the best start possible? At Reign&Co we can help you achieve your goals in property.

Get in touch today to organise a no obligation 30min strategy session with the team.

03/03/2021

You know what time it is, Wednesday market insight.

This week we will be discussing interest rates and apparent house prices increase.

The RBA has committed to leaving the cash rate at a record low 0.1%, with the goals around inflation and wage growth. According to the board, the conditions are not meant to be meet until at least 2024.

With news of the Sydney market having increases of up to 3% already, is it the entire Sydney market or is certain areas? Could this be because of low interest rates?

Growth will be different through-out Sydney depending how the areas are affected by Covid. There could be better locations to invest now rather then Sydney, which may not have been affected as much.

With the interest rate historically low, getting into property within the next few years will get you in the right direction for your goals.

24/02/2021

You know what time it is, Wednesday market insight.

This week we will be discussing weekly asking prices for the major cities, with a table provided by SQM.

As we can see the only item in the red for the 12 month change is Sydney units with a 4.2% decrease. This could be because of the over supply in Sydney with the boom that happened. The increases range between 0.7%-16.5%, telling us that the property has held it's value over the last year.

The month change also shows that the major cities are looking healthy, with only Melbourne, Perth and Hobart having decreases.

There was an indication before the pandemic that property was looking good for growth, depending on the location. The next year or two could be the opportunity to grab some deals and get your property journey in the right direction.

Because of the pandemic, we are entering the unknown with how businesses will react. Will employees allowed to work from distance, or will they have to go back to the office? Looking at the population growth between areas, will give us an idea of how the population is reacting to the pandemic.

https://bit.ly/contactreignagency

10/02/2021

You know what time it is, Wednesday market insight.

This week we will be discussing, the effect Covid had office space within commercial.

According to the Property Council of Australia the office market vacancies increased from 9.6 per cent at the end of June to 11.7 per cent at the start of January, the highest rate since January 1997.

As we know many businesses had to stop work because of Covid, some having to shut up shop. This will leave empty office spaces within the major cities for sometime.

With major companies like Instagram, allowing their employees to work from home. Will they ever be a complete return to work, or will there be a large number of people working from home?

“While it was not a surprise to see office vacancies increase in the middle of a pandemic, it is the new supply of office space that is responsible for three quarters of this impact, not reduced tenant demand,” Mr Morrison said.

There are good options for commercial property, however is the office space the one? With the vacancy rates up, avoiding office spaces might be the best option until we know how the space will move forward.

Take action with your future NOW!!If you think we can provide you with the service and ability to meet your goals, please with send an email or call to organize a meeting to discuss your options and how we can help. Your Name (required) Your Email (required) Your Number (required) Subject Your Messa...

03/02/2021

You know what time it is, Wednesday market insight.

This week we will be discussing, the RBA keeping rates on hold.

"The Board will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range". Which gives an indication that, rates could be kept low for the next few years depending how the economy goes.

With job keeper coming to an end in a few months, will we see more people come through unemployed? Has sentiment increased over the last few months with businesses allowed to continue working, while enforcing Covid safe rules?

“The stimulus packages which have enabled businesses impacted by COVID to receive subsidies from the federal government to continue paying their employees has been a great success,” Mr Kolenda said.

With the country officially out of a recession according to some experts, looking to start your property journey while money is cheap could give you a good start.

Take action with your future NOW!!If you think we can provide you with the service and ability to meet your goals, please with send an email or call to organize a meeting to discuss your options and how we can help. Your Name (required) Your Email (required) Your Number (required) Subject Your Messa...

20/01/2021

You know what time it is, Wednesday market insight.

This week we will be discussing property listings for the major cities, with a table provided by SQM.

From the table we can see that Melbourne 35.3% and Perth 3.2%, are the only 2 capital cities with an increase in the 12 month change for new listings. The other cities had a change between -3.2% and 26.7%.

The total number of total listings shows a similar stories, however the numbers are higher. Melbourne had a 12.4% increase, while the other major cities has decreases between 12.4% and 42.9%.

With how things have been with the virus, the data is showing that people haven't been listing there property for sale. Could this be to hold for a higher value or because unsure how the market will react?

Is the ground truth showing the same numbers and the same answers?

https://bit.ly/contactreignagency

06/01/2021

You know what time it is, Wednesday market insight

To start of the year, we will be discussing what should you be thinking about if you want to buy property.

How you choose to move forward will depend on your goals. Are you an First Home Buyer, First time investor, seasoned investor or home buyer?

There is no solution to suit everyone's goals, each client will have their own risk appetite. Understanding the goals and building a solution, to help the client meet their goals.

Being on the clients side from day 1, allows us to navigate the market for the client and assist where needed.

Reign&Co is on your side, for your goals.

https://l.facebook.com/l.php?u=https%3A%2F%2Fbit.ly%2Fcontactreignagency%3Ffbclid%3DIwAR07IhSXQuE4ZxJs88oSdTWtJrF5c1Q_rd60M0SXKJHpkk3i7BntB1UaAak&h=AT1Rp_INIKUAKJAG7LS4kAxm87p0gsoXIg6PEmRnimK7NvjHU2RzXsQ8y7lWiOctjEnWmghMC3tdMKc9UD395rzQzyD6Phqk30gUoQQzZfRkG1Z4BHcvNrOhnbkUqB5dW7TrYzPT9EBvai8e1Q&__tn__=-UK-R&c[0]=AT0QLxNrK4Q-sl2eTGlgTXNckbCu69n7dkbuyTrkHXY7vftjruhydmstDSwBrwYPdEDOETZzc_QlKDYZgxVhZCS8UC02q4FT5l1kU6Kf2-NRtYK0n32G46tEWpsT1RqfVAs42ijrh-OSv863unqIdTUrgm45XHEjtpztXNzfxiZxqeJJE_AzCU4ROGiY46J72AXtv-eb1nhbaa0jVimt5Q

Take action with your future NOW!!If you think we can provide you with the service and ability to meet your goals, please with send an email or call to organize a meeting to discuss your options and how we can help. Your Name (required) Your Email (required) Your Number (required) Subject Your Messa...