๐๐ผ๐บ๐ฒ๐ฏ๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น๐ ๐๐ฒ๐น๐น ๐๐ฒ๐น๐ผ๐ ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ
Australiaโs population is growing at the fastest rate since 2008, but homebuilding activity is struggling to keep up.
A total of 15,032 residential building approvals were issued in May, according to the Australian Bureau of Statistics.
That was not only 9.8% lower than the year before, it was also 5.9% lower than the average over the past 15 years
If the supply of new homes fails to keep up with the growing demand for somewhere to live, property prices are likely to keep rising.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll 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.