The Australian property market boomed amid the pandemic, with prices reaching record highs thanks to high demand, low supply, and low-interest rates. While the market has cooled since then high prices and rising interest rates mean it’s still as difficult as ever for first-home buyers to get into the market. Couple this with today’s rising…
Articles by Belinda Botzolis
Belinda previously worked as a Property Valuer and senior property advisor with Herron Todd White, one of Australia’s largest national valuation firms. She now helps her clients grow, protect and pass on their wealth as a Senior Property Strategist at Metropole.
Australia’s house prices are rising at a record rate, with our most expensive city – Sydney – leading the pack. Sydney has always been known for its high property prices but over the past 12 months, those sky-high prices have soared to new highs with many more Sydney suburbs joining the million-dollar club. Why? Well, tight supply…
Sydney’s housing market slowdown became more apparent over the first quarter of 2022. Domain’s latest house price report shows that: House prices nudged 0.2% higher over the quarter to $1.59 million, it is the weakest outcome since prices declined in the June quarter of 2020. This has slowed the annual growth rate to a 12-month…
Thinking of selling your home now that our property markets are moving out of the government-imposed Coronavirus cocoon? Well, let me tell you … selling your home can be a stressful and confusing time. As well as packing boxes, booking removalists and dealing with all of the logistics of the move, you also prepare to…
Sydney can be a fantastic city to raise a family. Not only is it home to some of the country’s best schools and beaches, but there’s also a world of entertainment right on your doorstep. That said, it can also be an expensive city to live in terms of housing. You may need a bigger budget…
The extraordinary momentum of Australia’s property market carried over from 2020 and surged higher into 2021, where we saw some of the highest property sales on record. Monetary and fiscal stimulus measures contributed to an unprecedented year of growth and record-high prices. Corelogic’s latest best of the best report shows that the estimated value of…
Australia’s property market delivered enormous growth during 2021 and with the peak of the market predicted to be in sight, there will likely be many homeowners out there wanting to sell before property prices take their predicted plunge (which by the way…I don’t think will happen the way people are predicting.) Once you’ve made the…
Luxury homes were the asset class of choice for Australia’s ultra-rich, with 1-in-3 spending nearly a third of their wealth on their main or second property last year, according to Knight Frank’s latest Wealth Report. The high demand for luxury homes has seen a literal race for space, with ultra-wealthy Australian buyers competing for large…
Amid record house prices, rising demolition fees, and surging construction costs a new trend is emerging: free houses. Just last month, the owner of a 4-bedroom house in Kirrawee in Sydney’s Sutherland Shire advertised their property for free. But there’s a catch. It doesn’t come with the land it sits on. The 60-year old house,…
How much does a “typical” 4 bedroom home cost? Well not surprisingly, new research shows a whopping 1557% price difference for the same house in different Aussie suburbs PropertyPricer has compared the value of a typical four-bedroom house across three states and 12 suburbs – with surprising results. So what’s a typical home? Property Pricer…