Australia has long been viewed as home to some of the most liveable cities and most beautiful beaches but now our nation has clinched the 4th spot in a ranking of best countries in the world. Based on global opinion, US News & World Report along with marketing company WPP and the Wharton School of…
Do you understand the best way to invest in a rising property market? As it currently stands, our capital and regional cities are primed for growth over the next year or two. There is no doubt most property markets and properties will do well over this period. But what happens when the cycle moves on?…
Are you wondering whether you should put your money into investment property or shares? While at Metropole we are property specialists, we also advocate for diversification, so a healthy investment portfolio should contain an element of both. Each has its pros and cons, and most successful investors have multiple income streams and tend to benefit…
In September, Australian home prices hit a new all-time high, and some areas saw growth in the double digits this year. According to PropTrack, prices nationally have risen for nine consecutive months, climbing 0.35% in September and 4.31% year to date. But it is capital city home prices that have taken the lead in 2023…
Investment property depreciation is a popular tax break (or tax loophole as some like to call it) legally available to property investors. Anyone who purchases a property for income-producing purposes is entitled to depreciate the building and the items within it against their tax-assessable income. Not only will claiming a tax deduction against a depreciating…
Have you been trying to find your dream home? At times it can feel like trying to find a needle in a haystack, can’t it? It’s difficult enough as an investor, but when buying a home there is an additional layer of complexity – emotion! I know that was the case for one of our…
Australia’s property market is moving onto the next phase of the cycle, but issues with scarce supply continue to strain the market. It’s not good news then that new data has revealed that homeowners are holding onto their properties for longer than ever before, only exacerbating an already tight market. A recent analysis of PropTrack…
Which Victoria suburbs are next to boom? Well, according to REA Insights, Dromana on the Mornington Peninsula has been identified as the Melbourne suburb to watch, with its beachside lifestyle, relative affordability and proximity to the city proving a winning formula with families. Its top features include pristine beaches and close proximity to Melbourne. According…
Australia’s property market is suffering from a chronic supply shortage, with high mortgage costs and a worsening rental crisis further tightening the market. But there is one solution to Australia’s chronic housing shortage: Downsizers. In fact, new data by financial services company Downsizer.com, reveals that there are some suburbs in each major city where the…
How are our housing markets going to finish the year? To many people’s surprise, despite higher mortgage rates and generally poor market sentiment, our property markets have performed well this year. After a rocky 2022, many “experts” anticipated home prices to drop further this year, but in early 2023 the market reset and prices have gone…
