Sydney is home to some of Australia’s (and even the world’s) most expensive properties. Its notoriously robust real estate market has remained impressively resilient, with property values defying predictions and steadily rising over the past 18 months. Sydney has led the current property upturn – prices started to rise in January 2023 at a time…
When it comes to housing affordability in Australia, many factors are often blamed: negative gearing, high interest rates, investors, developers, migrants, students, planners, government policies—the list goes on. While the reasons are complex, there is one simple reality: if we build enough homes where people want to live, housing becomes more affordable. According to Nerida…
There’s a good deal of misconception about building wealth through property. Along my journey, I’ve heard all sorts of reasons why people “just can’t” invest. The most common ones are: I don’t have enough money to buy property The market is too unreliable for property to be a safe investment any more. It takes several…
The property market is currently facing a challenging landscape with high interest rates and elevated dwelling prices, making it increasingly difficult for many to enter the market. With rising home loan rates, buyers’ borrowing power has diminished, leading to heightened demand and faster growth rates for more affordable properties. The latest PropTrack data confirms this…
There’s no doubt that good tenants are worth their weight in gold. So, it goes without saying that finding a property already occupied by a dependable, trustworthy tenant is something of a boon for property investors. Immediate rental income… no upfront agent fees… confidence in the reliability of the occupant… it’s an investor’s dream! If…
Starting a family is one of the most significant financial commitments you’ll ever make, especially in today’s climate where the cost of living continues to rise, causing many Australians to tighten their budgets. According to a July 2024 survey by Canstar Blue, which gathered insights from 2,356 Australian parents, the average monthly cost of raising…
Melbourne has long been one of Australia’s strongest property markets, standing tall alongside Sydney. This has been thanks to its robust job market, high migration from overseas and interstate, and its reputation as one of the world’s most livable cities. However, in recent years, home value growth in Melbourne has languished while other cities continue…
The Gold Coast Council has decided to add a new ‘tax’ via massive rate hikes on unit owners living on higher floors of apartment buildings. More than 12,000 high-rise apartments have been included in the revised rate categories. This move, labelled a “view tax” by advocacy groups, affects high-rise apartment owners residing on the 40th floor…
Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
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,…
