How long does it take for the price of a well located property to double? Do property values really every 10 years? And what can we expect to happen to the value of the property over the next decade? Let me start by saying that the idea that property values double every 7 to 10…
In recent weeks, a quiet shift has been happening behind the scenes in our financial system. While the Reserve Bank of Australia (RBA) continues to hold the official cash rate steady at 4.35% – at least in the short term- a number of lenders, including five more just this past week, have been trimming their…
Being good with money is a skill you can learn. Some people complain they aren’t very good with finances — they argue they don’t have a head for numbers — but I believe everyone can become wealthy if they know how. Part of it comes down to smart investments, sure, but the other, equally important part,…
Granny flats seem like a smart investment idea, don’t they? You build a modest dwelling in your backyard, rent it out, and voilà — a little extra income stream. But before you dive into the idea of building a granny flat on your property, let’s take a closer look. The reality is that granny flats…
Is it really possible to develop financial wealth by building a substantial property portfolio in Australia today? The answer is yes. It’s simple, but it’s not easy. And that’s not a play on words. It’s simple if you do what many other savvy property investors have done and built a substantial asset base of investment-grade…
Australia’s median home price hit a new record high in April, rising 0.20% to reach $805,000 according to the latest PropTrack Home Price Index. However, the rate of growth was slower than that seen over the first three months of the year. But with further interest rate cuts expected this year, there is a strong chance we…
Melbourne’s property market is heating up, with many commentators, believing it’s the right time to get in at the early stage of the next phase of the property cycle. But before you dive in, it is important to understand the two-speed phenomenon that could cool off your investment plans faster than you think. Now, I…
Imagine stepping into a time machine and heading back to 2015. Petrol was just $1.20 a litre, a decent coffee cost $4, and you could fill a trolley at the supermarket without flinching. Fast-forward to today and, while inflation has taken a noticeable bite out of our daily budgets, there are still some parts of…
If you thought the housing shortage was bad now, just wait. According to the State of the Land Report 2025 released by the Urban Development Institute of Australia (UDIA), we’re staring down the barrel of a staggering 400,000-home shortfall across Australia’s capital cities by 2029. Let that sink in for a moment. Despite the Federal…
After a turbulent few years in the Australian property market, we’re now seeing a consistent pattern emerge—price growth has continued for the third month in a row. According to Ray White’s Chief Economist, Nerida Conisbee, property prices will continue to increase. She explains: “The biggest driver of this price growth continues to be a lack…
