Buying a house is one of the most significant financial decisions you’ll make in your lifetime, and it’s a decision that should involve lots of research and planning to ensure you’re making the best decision. To help you navigate the process, I’ve put together a 10-step guide. From setting your budget to gathering your team,…
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…
What Are the Next Suburbs Where House Prices Will Exceed $1 Million in 2025? First, let’s look at where the $1 million suburbs are right now and how they’ve been growing over the past decade. As of May 2024, there were 857 suburbs in Australia with a median house price of at least $1 million,…
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,…
Are you looking at buying your first home in Australia in 2024? It can be exciting, terrifying, daunting, frustrating, and expensive – all at the same time! Property markets are strengthening by the day, with prices in most states close to or surpassing their COVID-19 pandemic peaks. While the strengthening market and climbing property prices…
