Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
While achieving financial freedom through property investing is very achievable for most Australians, it’s also quite an overwhelming task. You see, unlike buying a property to live in, the main reason for buying an investment property is to make money — to help you build a long-term “cash machine.” And the better you can nail…
Australia’s property market has once again demonstrated its resilience and unparalleled potential for wealth creation, with the latest Domain Profit and Loss Report revealing that property sales have reached record-breaking profit levels. The report, which examines sales across the nation, shows that an impressive 96% of houses and 90.7% of units resold for a profit…
Are you starting out in property investment or perhaps looking to expand your existing portfolio? What fee will you choose to pay? Hopefully none, I hear most people say. But be careful…in my mind there are 3 fees you could end up paying over the life of your property journey. While some are obvious and…
There is no doubt that first-time property investors are staking their claim on markets across the nation. In fact, many are choosing to rentvest and buy their first investment before they buy a home. The thing is, while there is more information available than ever before, far too many newbies continue to make simple mistakes,…
![Ever wondered how your coffee gets from the grower to you? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/09/coffee-270x200.jpg)
There’s a good chance your day started with a cappuccino or a cold brew, and you aren’t alone. In fact, coffee is one of the most consumed drinks on the planet, and it’s also one of the most traded commodities. According to the National Coffee Association globally coffee consumption is estimated at over 2.25 billion…
In decades gone by, it was common for first-time buyers and all buyers to purchase a house in the suburbs. A lot has changed over the years, with units and townhouses now surging in popularity. Lower maintenance and superior positions closer to the city are key drivers for these buyers. According to the latest Census…
Australian Bureau of Statistics (ABS) data shows NSW dwelling approvals declined in June by an appalling 19%. The 1,597 private houses approved in June is the lowest recorded figure for NSW since January 2013, according to the ABS. These figures highlight the dire and worsening, housing crisis in NSW: Through immigration, the NSW population is…
The Reserve Bank of Australia kept the cash rate on hold for the sixth consecutive meeting, continuing its ‘wait-and-see’ approach, after last week’s CPI results landed broadly as forecast. Headline inflation rose from 3.6 per cent to 3.8 per cent annually, in line with RBA forecasts, however, trimmed mean inflation, the central bank’s preferred measure,…
Australia loves coffee. All you have to do is log onto Instagram any morning between 6 and 10 am to discover all the posts about how much we all crave the beloved brown beverage. It seems we can’t live without it. Demographers McCrindle surveyed 1,000 Australian adults and here are 4 interesting things they found……
