It’s halfway through 2023, and with concerns about rising interest rates and talk about a recession, one question many are asking is: What’s ahead for the Australian property market? Interestingly, according to the Domain Forecast Report, Australia’s housing market will be in a well-established, steady recovery over the coming financial year, with select capital cities…
Covid 19 changed where and how many of us wanted to live. It triggered a significant migration away from Australia’s major cities as families sought more affordable housing options in regional and outer-metropolitan areas, capitalizing on the widespread adoption of flexible work arrangements. Analysis of newly released regional population data from the ABS by The…
“What if?” – two little words that could have meant the end of the modern world as we know it. What if our forebearers had been so paralysed by doubt and fear that they never ventured beyond their comfort zone in the cave? Interesting thought, isn’t it? Fear of the unknown leads humans to exist…
If you work in a law firm, media company or police station just take a look around. But slowly. While most people think of psychopaths as serial killers and rapists – because most serial killers ARE psychopaths – not all psychopaths are murderous. You could easily be working in the company of a psychopath, according…
Buying with a friend seems like a good idea, doesn’t it? It’s certainly been a popular strategy over the past decade or so given higher property prices, plus more people choosing to stay single longer. The power of two is always stronger than the power of one when it comes to property after all! There…
Australia is the third richest nation in the world, according to a new report, with data revealing exactly what Aussies need to earn in order to be considered part of our country’s elite. The top 10% of Aussie earners make $122,664 or more, Knight Frank’s latest wealth report for 2023 shows. This, therefore, puts financial…
Fast population growth and multiple headwinds for the construction industry mean Australia’s housing crisis will only worsen – even with the government’s plan to increase housing stock a solution is still far off in the distance. A new PropTrack New Homes report for May reveals data that suggests that government initiatives to meet growing population…
If you’re thinking of securing a new loan or refinancing an old one, then you’re in luck. Because recent policy changes by some lenders could make refinancing or securing a new loan easier, according to new insights from Canstar. The Reserve Bank’s decision to increase the cash rate for the twelfth time to reach a…
In 2022, in Australia’s eastern states, more than a quarter of residential property transactions happened without a mortgage, according to new research by PEXA. This means that buyers could purchase homes without relying on loans, even with high-interest rates at the time. Total value of residential sale settlements in Australia’s eastern states was a whopping…
According to new research from Canstar, almost half of Australian mortgage holders say they have changed their home loan to cope with higher interest rates including stopping their extra repayments, extending their loan term or even selling their home. Canstar surveyed 669 Australian mortgage holders and found that of the 47% of mortgage holders who…
