For years I’ve been following Louis Christopher from SQM Research, who I reckon is one of our very best property analysts. Long-time readers will know I often quote him here and share his research. But this time every year he issues what I think is the best property forecast for the year. It’s called Christopher’s… Read more »
Over the last couple of months I’ve been talking about the impact of Australia’s record migration levels on the housing and rental markets. This week I received a fascinating report from CoreLogic’s Head of Research, Eliza Owen, who had five key insights about overseas migration and the housing market: 1. Migrant housing demand skews toward… Read more »
With our cheapest capital cities, Adelaide and Perth, now recording the strongest growth in prices over the past 12 months, is there anywhere you can still find a cheap home? Looking at homes priced under $500,000, the answer is that it is becoming far less likely, particularly for houses. But, according to Ray White chief… Read more »
“Don’t complain, I remember paying 17 per cent on my home loan…” Yes, Your Honour, I have been guilty of making this comment to my adult children as they complain about rising interest rates on their home loan. But does this argument stack up? History is very clear as this chart clearly shows. BUT things are… Read more »
Regular readers won’t be surprised by the current property downturn as I’ve been talking about it for the 18 months… but you might be surprised by the pace of the property value drop compared with previous downturns. As you all know, I reckon history can tell us a lot about current investment cycles and property… Read more »
Rents are skyrocketing across Australia, but it’s all just a matter of supply and demand. In March REA reported a huge reduction in rental listings, highlighting the challenges faced by those seeking a rental property. The number of total properties listed for rent nationally fell a further 11.6 per cent over April and is down… Read more »
The Aussie home market is changing, so is this year the ideal time to buy a home? WLTH’s Brodie Haupt walks us through the landscape. With a new year among us, many Aussies are starting to review their new year’s resolutions and consider how many of them are actually achievable in this current economic climate.… Read more »
Moves by APRA, migration outflows, mortgage demands, and overvalued house prices lead us to predict a housing market cool down. The Australian property market has enjoyed incredible growth in the past two years, pushing aside predictions that the global pandemic would cause property prices to plummet. Australia’s property market has sustained strong price gains through… Read more »
CoreLogic’s November property market analysis saw house values rise 1.3 per cent for the month – the 14th consecutive monthly rise – for an annual rise of 22 per cent. That means the median value of an Australian house has risen $126,000 in a year. That’s a $126,000 increase in the equity in your property, which means… Read more »
There are benefits for home owners during a property boom. One is that the equity in your property rises, adding to your wealth. While the value of a loan basically stays the same, or reduces if you’re on a principle and interest loan, a rising property market means the share you own in your place… Read more »
