Home prices have lifted in March according to PropTrack who believe the end of interest rate rises are in sight. Proptrack Senior Economist Eleanor Creagh explained that limited supply, along with strong migration and higher rents, are underpinning property values. The Australian housing market has experienced significant changes in recent times, with home prices exhibiting…
You can’t escape the headlines that remind us property markets around Australia are in the adjustment phase of the cycle where prices are falling. So, is this the leg-up first home buyers so desperately need, to get themselves onto the property ladder at last? Is it the perfect time to trade up from your current…
The upcoming Reserve Bank cash rate decision is a close call, but the latest inflation figures may be enough to prompt the RBA to hit the brakes next Tuesday. In Australia, inflation is moving in a positive direction, with February’s annual figures at 6.8%, down from 7.4% the previous month and 8.4% in December, according…
Over the past two decades, property data has reached unprecedented levels. Of course, property investment experts have always used data to help them identify investment-grade properties in locations primed for superior capital growth. These days, though, the abundance of data online makes it seem “easy” for anyone to do the same. The problem with this…
If I had a dollar for every time in my capacity as a property strategist I’ve been asked “How Many Properties does Michael Yardney own?”, I’d be almost as wealthy as Michael. Well before I put you out of your misery and answer the question I thought we could have some fun first. How about…
Our property market continues to surprise us. Although the desire to purchase property has decreased slightly, the limited number of properties available on the market has led to heightened buyer competition in all major cities, except for Hobart, reaching its highest level in a year. In fact, according to PropTrack’s latest data, the overall demand…
Thinking of buying an investment property, but you truly don’t know where to start? You’re in good company: many new investors feel overwhelmed and bamboozled by information and research when they’re deciding where to buy. This can unfortunately lead to costly mistakes, so here’s a handy list of five crucial missteps property investors can make…
Despite skyrocketing interest rates and continuous price falls over the past year, Australia’s property market has now seen a slight upturn, according the latest PropTrack Home Price Index report. According to the report, in February, national home prices rose by 0.18%, except for Hobart, which experienced a decline. Adelaide, Sydney, and Melbourne saw less than…
After experiencing the sharpest downturn in Australia’s housing market history, new research by JP Morgan suggests that the situation could soon turn around. The research shows that house prices, which fell by 9.1% since their peak in May 2022, are expected to stabilize sooner than many are predicting. At the beginning of this month: Dr….
Scams have become an unfortunate reality in today’s digital age, and no country is immune. In fact, according to figures released by the ABS, two-thirds of Australians aged 15 years and over were exposed to a scam in 2021-22. William Milne, ABS head of crime and justice statistics, said: “The results of The Personal Fraud Survey…
