The unrefuted trend in all investment markets is mean reversion. It means that a period of below-average returns is always followed by a period of above-average returns. My thesis is that investment-grade property in Melbourne looks attractive compared to other markets and that several economic tailwinds may result in median house prices doubling over the…
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Look what’s happened to property prices!
Knowing what you know now, who wouldn’t have liked to buy their parent’s house for what your parents paid years ago?
Over the past 12 months, CoreLogic’s Home Value Index has risen 8.9%, adding the equivalent of approximately $63,000 to the national median dwelling value ($765,762) and taking the index to a new all-time high in February. A recent suburb-level analysis found that 88.4% (4,087) of the 4,625 house and unit markets analysed nationally saw values…
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 the “fixed interest rate cliff” and affordability issues cause a round of distressed sales and prices to fall or…
There’s a striking surge in property prices in select suburbs of Sydney and Melbourne, with some increases exceeding $240,000 over the short span of three months, recent data from CoreLogic reveals. This upward trend suggests a significant turning point, indicating a sustained housing market recovery in 2024. Sydney In Sydney, the suburb of Longueville stands…
It makes sense that many investors are questioning what will happen to the value of their property, particularly in the current market when high interest rates, low borrowing capacity and robust demand at a time of tight supply are putting upwards pressure on prices. Many may be questioning how much their investment property will be…
In the past year, the rental market in Australia’s three major capital cities—Greater Sydney, Greater Melbourne, and Greater Brisbane—has experienced a narrowing gap between house and unit median rents. This trend offers critical insights into the evolving dynamics of the housing market, with significant implications for both renters and investors. Rental landscape of major capital…
What’s ahead for property in 2024? Well, now that we’ve got a few months of the year under our belt it’s clear that many markets around Australia are likely to experience significant growth over the year driven by a confluence of factors that will underpin strong demand for well-located properties. It is now clear that…
The location of your “great Australian dream” can dramatically alter your wealth-building activities and as such, you must take this into account when developing your investment strategy. Homes are typically not purchased with the sole or dominant reason of building wealth as there are many non-financial, lifestyle factors that influence where we live. However, that…
When it comes to buying an investment property, you want to make sure you’re putting your money into an investment-grade property in a growth suburb. This is why it’s so important to look at the average house price growth over at least 10 years – it helps give a great indicator of what to expect from your…