Good news on the global inflation front has continued to flow down under and inflation looks set to continue to moderate and move lower into the first half of 2024. The high level of inflation that has challenged the Australian economy and seen interest rates rise at the fastest pace in a generation continued to…
With all the financial changes we’ve encountered in the last 12 months, how do Australian households cope? Well, according to a new report by Compare the Market, 61% of Australian households are only just getting by as prices soar across the board. Interestingly, more than a quarter of Aussie adults (26.3%) admit that their savings…
Over the June quarter, combined capital house prices rose almost four times faster than the previous quarter to produce the steepest gain since late 2021, and have now recouped roughly half of the value lost in the 2022 downturn according to the latest Domain House Price Report All capital cities saw house prices rise over…
As a property investor have you considered who may be the driver of a property boom or property bust? Have you considered why this may be important to understand? For starters, you don’t want to buy something that could lose significant value. So, it may be beneficial for you to understand the drivers at play…
In June, national home prices continued their upward trend, marking the sixth consecutive month of increase with a further 0.3% rise, according to PropTrack’s latest data. This positive momentum has brought national home values to a point where they are now only 0.1% below their levels from a year ago. Consequently, it appears that the…
Sales of new homes have continued to fall sharply following a year of cash rate hikes. Of course this has come at a time of a general undersupply of residential real estate both for sale and to rent, exacerbated by strong immigration numbers. The latest HIA New Home Sales Report revealed that sales of new…
The latest report from PropTrack revealed that new loan commitments increased by 4.8% in May 2023 to $25 billion. This means that property buyers are becoming increasingly active even after 12 interest rate rises since May 2022. The report also showed that investor lending picked up the most, with a 6.2% increase, while owner-occupier lending…
With the rise of the sharing economy, the accommodation industry has seen a significant disruption. The primary catalyst behind this disruption is Airbnb, a platform that has reinvented how people travel and invest in real estate. The desire for more cashflow has prompted some landlords to ponder whether they should list their properties on online…
We all have 24 hours a day and how we spend them depends on the nature of our work, priorities and other commitments. A new study was published using time surveys and labour force surveys crunching the numbers and working out what the average human day looks like around the globe. Interestingly, the results show…
When was the last time you went on holiday? For some that may be a touchy subject, as many Aussies were restricted in their movements over the last few years But now that the borders have opened again and holidays are back on the agenda, I would suggest there will be a similar process involved…
