More new homeowners are rejecting yesterday’s sentiment of owning their own castle and buying investment properties before their own home instead. Driven by affordability and smart financial forecasting, Australians are investing as they’re starting to see the benefit of owning rental properties as a strategic move up the property ladder. Our investors are getting younger,…
Articles by Brett Warren
Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.
Australia’s home prices have set another record. According to the latest Domain House Price Report, the combined capital house and unit prices experienced another quarter of growth — the fifth consecutive rise for houses and the fourth for units. The report indicates that while the pace of price growth has slowed compared to the previous…
Are you looking for the fastest-growing areas for 2024? Australia’s population grew by 659,800 people (or 2.5%) to 26.8 million people in the year to September 2023, with Western Australia enjoying the fastest percentage growth rate of all the nation’s states (of 3.3%), according to the latest Australian Bureau of Statistics data. With 765,900 overseas…
If you’re anything like me, you love consuming information via podcasts. While there are plenty of websites with articles, guides, and videos for property investors, sometimes all you want is a good property investment podcast for your commute to and from the work. So today I’d like to share what I think are the best…
Over the last four years, the gap between house and unit prices in Australia has widened to record levels. Historically, houses have commanded higher prices than units. However, since the pandemic began, this disparity has grown significantly, with house prices surging by 44.2% compared to pre-pandemic levels, while units have seen a more modest increase…
New data reveals the Australian suburbs in each State where house price growth has outperformed the rest over the past 12 months. PropTrack data highlights suburbs with the strongest growth in values over the past year in each statistical area 4 (SA4) region, which are geographical areas defined by the Australian Bureau of Statistics with a minimum population…
Mistakes are part and parcel of life and I see them as opportunities to learn valuable lessons. However, when it comes to property investing, mistakes can prove to be very costly. So much so that they can often prevent investors from getting past owning one single property. I must admit it…in my early days of…
Do apartments still make good investments? During previous property cycles new and off-the-plan apartments were popular with many investors. However, I’ve always maintained that most new and virtually all off-the-plan units are not “investment grade” properties. That’s because of their cookie-cutter designs, lack of scarcity, poor owner-occupier appeal, and propensity to create oversupply problems during…
National home prices hit a new record high in March, lifting 0.34%, according to the latest PropTrack Home Price Index report. That brings prices up 1.57% so far this year to sit 6.79% above March 2023 levels. Ms Eleanor Creagh, Senior Economist at PropTrack commented: “The home price upswing persisted in March, and prices reached…
Are you an expat considering buying an investment property in Australia? Well… you’re not alone. Since the pandemic lockdowns eased (remember those?) and our international and domestic borders reopened there has been a shift in demand across all our property markets. Buyer interest has jumped from expats flocking to Australia to escape rising social and…