Australian home values continued to trend higher in April with CoreLogic’s national Home Value Index (HVI) rising 0.6%. Beneath the headline numbers, we are seeing multi-speed conditions with the mid-sized capitals continuing to lead the pace of growth. Almost every capital city is recording stronger growth conditions across the lower value range of the market….
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Today I’m going to discuss several topics of interest for property investors with Mike Mortlock, the Managing Director of MCG Quantity Surveyors. Mike’s team has recently released a report titled ‘Rising Tide of Unit Rents Closes Gap with Houses in Major Capitals’ that sheds light on some transformative trends and provides an understanding of the…
Our instincts helped get us out of caves and into centrally heated homes – but can they help us become better traders? Imagine you are one of our primitive ancestors. The world is a frightening place. Virtually everything is bigger, faster, hairier, and stronger than you are. The only advantage that you have is your…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates really peaked now and when will they start coming down or will the RBA raise rates again in 2024? Will affordability issues cause a round of distressed sales and prices to fall or even a property market crash in…
Are you wondering what will happen to the Melbourne property market in 2024? Clearly, the Melbourne housing market has not performed as strongly as some other capitals over the last year, but Melbourne’s property values are expected to gain ground as we move through 2024. Melbourne home prices were flat in March, while unit values…
Are you wondering what’s ahead for the Sydney property market in 2024? Well…Sydney’s home values will continue to increase, although a little more slowly than they did in 2023. The surge in properties for sale in Sydney hasn’t yet slowed demand, with prices rising 0.3% in March and 9.6% over the past year. Both buyer…
Are you wondering what’s ahead for the Brisbane property market in 2024? Brisbane continues to be one of Australia’s strongest capital city housing markets and is likely to remain so throughout 2024, with dwelling values continuing to go from strength to strength. Brisbane’s housing market skyrocketed over the last few years with 55.2% price growth…
With property values rising for 15 months in a row and talk of interest rate cuts on the horizon, is the Australian property market gearing up for a new boom in property prices this year? Well, there are clues in the news as to what’s ahead, which I’m going to discuss in this month’s Big…
A disturbing narrative has taken hold in recent years—a kind of “Tall Poppy Syndrome” that paints property investors as the villains of the Australian dream. This portrayal is neither fair nor accurate. At Metropole, we manage over $2 billion worth of property assets for our clients and I know most of them aren’t greedy and…
When you think about the word “free” what does it mean to you? For some people, it means the freedom to do whatever they want — whether that’s financial freedom or having no ties so you can travel the world. For others, “free” means something that costs you no money. But, of course, nothing in…