What was different about our housing markets in 2023? As we close out 2023, the Australian property market looks significantly different from 2022 – we’ve defied all the naysayers and property pessimists and experienced eleven consecutive months of national price increases. Clearly, this strong price growth is the biggest difference to the markets of 2022…
One of the biggest changes over the time I’ve been investing in property is the abundant availability of property research data. Today there’s a plethora of statistics offered about Australia’s property scene – median house prices by the year, the quarter, the month or day, median advertised rents, rental vacancy rates, auction clearance rates, days…
As we move into 2024 — can you believe another year has passed so quickly — it’s a good time to sit back and look at how your money is working for you. How have you gone with your finances last year? Sure it was a strange year, but how are you doing financially? Did…
With cost of living pressures top of mind, new consumer research released by Commonwealth Bank reveals Australians are looking to reduce expenses, increase savings and lift their incomes as part of their New Year’s resolutions. The research highlighted: 9 in 10 (93 per cent) Australians have a financial goal for the New Year 1 in 2…
What’s ahead for our property markets in 2024? Well, according to Domain’s 2023 End-Of-Year Wrap and 2024 Outlook report, continued growth in house and unit prices is anticipated. Dr Nicola Powell, Domain’s Chief of Research and Economics, said: “Some buyers, sellers, and renters proactively adapting to the lingering impact of the 2023 market movements and potential…
There are a lot of property investment books out there full of advice. It can be tough cutting through the clutter to find the property investment strategies and tips that are truly worthwhile – and will help you build financial freedom through real estate. So today I’d like to share 10 property investment books that…
There are several mistakes that I regularly see property investors make. From emotional investing to failing to mitigate risk or even failing to get the right advice, many property investment mistakes cost a lot of money, time, and stress and can even hijack your investment success. Having helped hundreds of property investors with their property…
Are you trying to build enough cashflow so one day you can exit the Rat Race? Spruikers everywhere are using this to lure in many unsuspecting victims, we see it all around us from Facebook to Instagram and beyond. In reality, there is only usually one person who achieves this cashflow dream and that is…
The Australian property markets are continuing to defy all those who predicted a downturn this year with an eleventh straight month of price increase in November, reaching a new record high. However, according to PropTrack, some markets are seeing growth slow as more sellers take their properties to market. The latest PropTrack data shows prices…
Brand new homes deliver different benefits to existing properties, from depreciation power to capital growth potential. When it comes to deciding which one makes the best investment, there’s no blanket answer – but there are factors that could sway your decision. Rather than attempting to categorise one as better than the other, which is a…