The nation’s property market has fully recovered from the 2022 downturn, with combined capital house and unit prices ending 2023 at a new record according to Domain’s latest House Price Report December Quarter. This is the first time they have surpassed the previous records that were set in March 2022 for houses and December 2021…
Mistakes can be hard to admit because in doing so we have to acknowledge that we’ve somehow veered off course, and sometimes that’s a daunting prospect. Where does that leave us? How long will it take to recover and get back on track? Although it might be confronting, mistakes associated with a property investment worth…
Have you ever experienced that situation where you want to get into the property market or add to your portfolio, but the planets just are not aligning? You may start to feel a bit stressed because house prices are booming and that first or next rung on the property ladder seems to be getting harder…
Are you eager to create a greater level of wealth? I know a lot of people are reflecting on their personal situations during these times of change and are looking to improve their circumstances. While thoughts are important, the more difficult part becomes how and where to start. I have focussed on 3 key factors…
Every generation seems to think the next generation isn’t doing it right. They offer well-meaning “advice” based on their own experiences, which may no longer have any relevance in our fast-changing world. Over the past three decades, the rate of change has been enormous due to rapid technological advances. Plus, society as a whole is…
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…
