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A terrific report from Ray White chief economist, Nerida Conisbee, has us thinking about the outlook of Australia’s two-speed property market. There are two distinct markets at the moment, although both are showing signs of slowdown. The coolest markets are Sydney, Canberra, Melbourne and Hobart with these cities having increased on average by 2.9 per… Read more »
‘Strike when the iron is hot’, the saying goes. When it comes to buying property, people tend to be wary of a heated market with high interest rates. But here’s how you can take advantage. Not too late The residential property market has shown great growth over recent years and when markets are this high,… Read more »
Housing policy continues to be a big political issue as politicians scramble to try and tackle affordability. Let’s take a look at how Australia’s ‘property bubble’ compares to the rest of the world: Australians love property and investing in “bricks and mortar”. The problem is, with the sharpest, shortest rise in interest rates, servicing home… Read more »
Most would agree that the Australian property market has been nothing short of turbulent in the past few years, so much so that Melbourne has found itself in an unusual position … Once the second-highest city in terms of median dwelling values, it has since been relegated to sixth place – overtaken by all other… Read more »
Real estate giant, Ray White, has identified the suburbs/towns which are most at risk from climate change. Do you own a property in one of these high-risk suburbs? Beaches face rising seas, rivers may flood more often, and bush areas are at risk of wildfires. Despite these growing threats, house prices in many of these… Read more »
I know there is always great local debate about changes in council zoning laws to allow construction of apartment complexes. Many people don’t want to see their suburb of traditional housing blocks changed into medium or high-density housing. But Ray White chief economist Nerida Conisbee makes a strong argument that we need to build more… Read more »
To keep our economy ticking along, we need to attract the right type of migrants, support their arrival with infrastructure and welcome them with opportunities. I’ll be honest, I hate the politics of immigration and the hate it can create. Apart from our First Nations peoples we are a country built on migrants. Mine arrived… Read more »
Looking back it is hard to comprehend the way COVID stopped the world and its impact is still affecting many people, industries and the investment sector. CoreLogic has produced a report on the most significant property trends since the pandemic. 1. Housing values have surged since the onset of COVID CoreLogic’s national Home Value Index… Read more »
State governments are reaping billions from stamp duty and making it harder for home buyers. When property prices rise some of the biggest winners are state governments though their stamp duty river of financial gold. It is a major impediment to buying a property. I reckon every home buyer has felt the financial trauma of… Read more »
Before you rush out there and start buying properties, you need to set your property portfolio direction. Be smart, prepared, realistic and ready to buy well. Having goals for your life overall is crucial to set your property compass. Goals are your target; property is the means to your target. These goals need to be… Read more »
