Home prices have surged in recent years, mortgage rates have climbed, and household incomes haven’t kept pace. As a result, housing affordability has plummeted to its worst level in at least three decades. Despite a dire shortage of homes, the delivery of much-needed new homes has faced significant obstacles. Labour shortages, disrupted supply chains, and…
Articles by Brett Warren
Brett Warren is National Director of Metropole Properties and uses his two decades of property investment experience to advise clients how to grow, protect and pass on their wealth through strategic property advice.
There’s nothing quite like buying your first home is there? I remember quite clearly when I became a property owner even though it was a long time ago now! I was proud of what I had achieved, however, in hindsight, I was buying with emotion rather than strategy. The thing is buying a home, rather…
Unit values in more than a dozen Sydney and Melbourne suburbs are on the verge of hitting fresh peaks. This comes as the pace of price increases gathers speed amid low supply and intensifying buyer competition, according to CoreLogic data. Last month, nearly two out of five suburbs nationwide reached new highs in unit values….
When it comes to investing in property for the first time, you may feel like you’re in over your head. Lacking disposable income and investment know-how, your chances of surviving the property market as you compete with cashed-up investors may seem slim. However, here’s 3 reasons I would suggest you consider investing from a young…
National home prices lifted 0.18% to a new peak in June, according to PropTrack’s National Home Price Index, despite recording the slowest pace of monthly growth since December 2022. According to PropTrack’s data, with housing supply unable to meet demand, national home prices have cycled through 18 consecutive months of growth to hit a fresh…
The Real Estate Institute of NSW (REINSW) has uncovered another underhanded plan by the NSW Government to charge property owners more, aiming to offset increasingly “unaffordable” insurance costs. Buried within the Budget’s explanatory notes is a reference to the NSW Revenue Legislation Amendment Bill 2024. This bill outlines the NSW Government’s strategy to shift the…
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024 showing improvement for the first time in three years, according to the latest data from the Real Estate Institute of Australia (REIA). But it’s really a tale of two cities. REIA President, Leanne Pilkington, highlighted that while housing affordability…
Whether it’s chai, iced mocha, or just a latte, apparently the drink your date picks says tons about your potential together. Is there really a strong correlation between drink preferences and personality or is this all just made up? Check out the infographic below, see what you think and leave us a comment. Source: www.match.com ALSO…
No matter what age or stage of life you’re in, it’s valuable to understand how much money is needed for retirement. Because when the time does come, we all want to ensure we have the opportunity to live the best life possible. Here’s a breakdown of the average retirement income in Australia, how much money…
When it comes to financial security, traditional advice often centres around paying off your home mortgage as quickly as possible. The peace of mind that comes with owning your home outright is undeniably appealing. However, this strategy might not always be the most effective way to grow your wealth. Instead, using the funds to invest…