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PropTrack has identified a sharp rise in property buyer activity, which it believes is being driven by five main factors.
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During the May quarter, the number of potential buyers in the combined capital cities was 3.1% higher than the previous quarter and 15.0% higher than the year before.
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PropTrack said that was probably due to:
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* Very competitive rental markets (which is prompting some people to buy instead)
* Rising property prices
* High net overseas migration
* Low unemployment and rising wages
* Relatively few new properties being listed for sale

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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