Love is in the air—or is it? New data from the Australian Bureau of Statistics (ABS) has given us a fresh look at the marriage and divorce trends in Australia for 2023, and it’s clear that while love may still be alive and kicking, it’s also becoming a bit more selective about when and where…
We are in the midst of the worst housing crisis I have seen in my five decades of being involved in property. It was a significant shortage of houses for those who want to buy, and worse shortage of dwellings for people who want to rent. And while all sorts of excuses have been bandied…
As the spring selling season kicks off across Australia, there’s an undeniable shift in buyer preferences. With auction volumes soaring and new listings at their highest level since 2022, Aussie homebuyers are making their wish lists more specific than ever. So, what are buyers craving in the homes they’re inspecting this spring? According to new…
Everyone likes cash, don’t they? While most of us don’t have much of it in our wallets anymore because it’s been replaced by a bank card, that doesn’t mean that we don’t spend much of our lives wanting more of the stuff. Whether it’s through a salary or starting a business, most Australians would like…
Why do some suburbs seem to have properties that rarely come onto the market? Recent analysis from PropTrack, as shared by their Senior Economist Eleanor Creagh, sheds light on this phenomenon, revealing that in many suburbs across Australia, average hold periods are more than double the national average of about 10.5 years. This trend suggests…
The latest Mortgage Insights report from Money.com.au sheds light on key trends in Australia’s home loan market, providing crucial insights for both seasoned investors and first-home buyers navigating these turbulent times. The average new loan size in Australia has risen by 8.8%, now sitting at $636,208, with investors seeing slightly higher figures at $648,998. While…
No one really wants to pay extra for a property purchase, do they? But there are situations where paying a premium makes good financial and investment sense. While you should never buy driven by your emotions, high-quality investment-grade property in an A-grade location, which you know will provide solid returns and robust capital growth, sometimes…
I’ve said it before many times, and it bears repeating once more: as a property investor, you will pay for your education. You’ll either pay for it by actively seeking to educate yourself, or by investing in courses, seminars, and mentoring programs that help you grow your wealth. Or you’ll pay for it by making…
Do you have a principal and interest home loan? Well if so, read on as this tip could save you a fortune over the years. It’s a method to best manage your home loan repayments in order to save not only interest but years on the life of a standard, variable-rate home loan. While most…
Throughout the annals of property history, one constant facet of asset selection has often eluded beginning investors and that is – what really pushes up the price of some housing, while other pockets languish in the ‘medians’ or are below-par performers. Often, those new to the property game think it’s all pretty black and white…
