Sydneysiders Favour Melbourne’s More Affordable Properties

With Sydney’s property prices continuing to rise to ever more unaffordable levels, residents are turning to Melbourne for more affordable alternatives. While both capitals have enjoyed a major boom in house prices, the average home in Melbourne is generally cheaper than in Sydney (sometimes by up to 40% for new apartments). Indeed, many Sydneysiders now…

australia high resolution

Population growth – Do we put up “We Are Full” signs?

Three minute read. Let’s talk about housing density instead.  Town planning is encouraging more housing density in our middle to outer suburbs. Sometimes this is done as a forerunner to improved local transport infrastructure. But most of the time it is done to meet population targets – more bums of seats, so to speak, which…

property market

Investor mortgage demand was petering out in February and March, expect this to continue over the coming months

According to the latest housing finance data release for March 2017 there was $33.2 billion in finance commitments over the month.  The monthly value of commitments increased by 0.9% to be  5.3% higher year-on-year. While the value of commitments to investors has slowed over recent months, owner occupier demand lifted slightly in March 2017. The…


Ask Michael Anything [video] – What’s in store for the Sydney & Melbourne property markets?

There’s a lot of speculation about the future of out property market – but what can investors is Sydney and Melbourne really expect?  This week watch Michael explain and discuss what we can expect in the Melbourne & Sydney property markets. This week’s questions:    With 1/3 of borrowers having little to no buffer, and the interest…

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