One of the most common questions I get asked is “When should I buy my next (or first) investment property?” But that question is pretty much like asking “How long is a piece of string?” There are a lot of variables to consider. It’s true, being a savvy investor is about timing. However, instead of…
Have you ever wondered what it would be like to pick the brain of an Elite SAS Commander? We recently undertook a rigorous 3-day training camp in the mountains around 2 hours from Brisbane with our team. Here we got to do exactly that and it was an invaluable experience. While I learned many lessons,…
While property price falls have been capturing widespread media attention, it is crucial for buyers, sellers, and owners to contextualize these figures. So let’s start by looking at what has actually happened to property prices. Of course the decrease in borrowing capacities caused by increasing interest rates has impacted home values, leading to a consistent…
Tight supply, rising interest rates, and reduced borrowing capacity dampened Australia’s property market in 2022, with prices falling from their pandemic-induced peaks. Prospective sellers have been sitting on the sidelines, delaying decisions to see how high inflation and rising interest rates will affect the market. But Domain’s latest house price report shows that while property…
There is always a lot of attention on Sydney and Melbourne’s affluent areas and property markets, but what about the wealthy Australians in Brisbane? Where do they live? Unfortunately, Queensland postcodes didn’t feature on the ATO’s recent top 10 suburbs rich list. However, there is an abundance of wealthy residents and high-priced properties, so with the…
It takes a lot of time and research to buy the right investment property for your portfolio, not to mention the added stress of questioning if the seller has disclosed information that may affect the sale price or whether they have tried to ‘pull the wool over your eyes’. Fortunately, for buyers, there is a…
How many hours a week do you work? Forty? Or less? Probably more. Either way, it’s important to have a good balance between the time you spend at work and the time you spend on personal pursuits and activities. In his regular column in The New Daily, Simon Kuestenmacher discussed the number of hours Aussies…
A lot has happened to our property market over the last year, hasn’t it? For one, the property boom of 2020-21 ended. Obviously, a property cycle is exactly that – a cycle. While homeowners and property investors enjoyed the strength of the “once-in-a-generation” property boom (which will go down in history and long remembered), that…
We keep track of housing finance approvals as they are a good “leading indicator” of what’s ahead for our property markets. Based on the latest data released by the ABS, new housing loan commitments fell 4.3% month on month in December, its eleventh consecutive month of decline, to be at its lowest level since October…
Queensland, Australia’s second-largest state, has made history by becoming the best-performing state economy for the first time. The recent CommSec State of the State report shows that its economy has been growing at a faster pace than any other state in Australia, thanks to strong population growth, a solid job market and overseas demand for energy resources,…
