The Queensland property market saw one of the strongest price upswings across Australia and some of the highest rent increases through the pandemic. This was because of several factors that were in its favour, including: a highly diverse economy strong internal migration trends and international tourism attractions, including the 2032 Brisbane Olympic Games Well, these…
As expected the Reserve Bank raised the cash rate by another 25 basis points last week – the eighth consecutive hike and a total increase in interest rates of three percentage points. This brings the cash rate to 3.10%, which is its highest level since November 2012. Clearly the board remains committed to overcoming the…
Which countries in the world are the best for long-term property investment? Well, Compare the Market has revealed in new research that the top three nations are Lithuania, Hungary and Iceland, Poland and the Czech Republic. Meanwhile, Australia ranked 27th out of the 34 countries analysed, and is in the company of countries like Switzerland…
What could I possibly learn from a SAS Commander that would make me a better property investor? All things considered, it seems impossible to be able to draw a comparison between the two. There were several things that struck me after spending a weekend away with an ex-SAS Commander, but one thing stood out. It…
Australia has some of the most luxurious properties, best beaches, and now… some of the ‘coolest’ streets in the world. So what makes a street particularly ‘cool’? That’s what Time Out asked more than 20,000 people for their Time Out Index for 2022. According to the locals in each city, it’s down to a whole…
There’s no doubt we’re currently in a buyer’s market. Australia’s property market peaked in April 2022 and now we’ve moved to the next stage of the property cycle, the adjustment phase, and at the combined capital city level, housing values have fallen -6.5% following a 25.5% rise through the upswing. What this ultimately means is…
Most investors think of building and pest inspections as part and parcel when buying a property. In other words, it’s one of the slightly annoying, yet completely essential, steps to safeguarding your purchase when buying a property. They tend to be viewed as a kind of insurance policy, helping you ensure you don’t end up…
For decades, most people’s money mindsets were focused on reducing debt as quickly as possible. A newly married couple would buy a house and then diligently pay off the mortgage over the next 20 or 30 years. Then, when they retired, they owned their own home, but they generally didn’t have much money apart from…
Inflation is soaring, and the price of living is going up, but thankfully our wages are also rising. According to the latest data from the Australian Bureau of Statistics (ABS), the average Australian income has risen 1.8% to $52,338. Sure, it’s not enough to cancel out the pushed-up cost of our bills, but it is…
Are you considering investing in property to fund your retirement? There are many factors to be considered here, but perhaps one of the most crucial, may not be on your radar. In the short term, it may be your salary, your ability to borrow money, and growth that will play a role. But as you…
