Craig

Yeah, that's a great way of looking at it, a side hustle that is going to save you tens and tens of thousands of dollars.

And to this point, it's always a good one to highlight what is the benefit of people using a mortgage broker versus calling their bank and saying, G'day, it's Joe Blow here.

Any chance of a bit of a discount?

All right.

So something for everyone to think about, particularly with relation to how they're gearing their mortgage through their banks.

And thanks again for coming on to the Real Estate Breakfast this morning.

My pleasure, Craig.

And welcome to another episode of the Real Estate Breakfast, available on iHeartRadio every morning and also on Spotify and Apple and wherever you get your podcasts from.

Friday morning, yes, it's back with us, the 14th day for October, nearly halfway through the month.

November will be here before we know it and coming up we are going to be looking at market momentum and migration.

But what does that mean?

Well, if you've got property plus migration, the net result of that will equal momentum and Rich Harvey is here very shortly.

and we're going to be talking about all of that.

Well, we know that the rental market is extremely tight, and Domain released its rent report for the September quarter yesterday, and it tells us that Sydney tenants are facing record high house and unit rents as low rental vacancies drive up competition and prices for homes, and house rents jumped $30 a week

to a record median of $650 over the September quarter, and new figures also show that unit rents increased $25 to $550.

Domain's rent report also showed that rents

fell or held steady in some areas, so that's some good news.

However, house and unit rents each climbed 4.8% over the quarter and were up 14% and 14.6% respectively over the year.

Now, it's the largest annual increase in unit rents on domain records, which go back to 2004, and it's the largest jump in house rents

since 2009.