Reducing your mortgage or boosting your super: What should you do?
For many Australians, being mortgage-free is the ultimate goal, but is it all it’s cracked up to be when retirement comes? Click to view:
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.Despite many predictions of a catastrophic fall in house prices in 2023, they did in fact move in the opposite direction. Leading the way has been Perth but the combination of strong population growth and a shortage of homes was enough to combat rising interest rates. As interest rates head close to peak, it is expected that price growth will continue.
For many Australians, being mortgage-free is the ultimate goal, but is it all it’s cracked up to be when retirement comes? Click to view:
Rental yields will be a big focus for investors in 2026 as property price growth moderates and rents continue to rise. Click to view: