There are probably just as many traps as there are tips when it comes to property investment. The thing is property investment tips or opinions are just like belly buttons… everyone has one but they’re not really useful once you’ve been born! I’ve developed our property investment strategy over many years, but not everyone has to…
While the property pessimists out there will give many incorrect reasons why we can expect an impending property market crash, there is one thing that continues to underpin and strengthen property values – the number of first home buyers entering the market. Thanks to the latest government initiative to help first home buyers step on…
Inflation expectations are simply the rate at which people—consumers, businesses, investors—expect prices to rise in the future. They matter because actual inflation depends, in part, on what we expect it to be. If everyone expects prices to rise, say, 5 percent over the next year, businesses will want to raise prices by (at least) 5…
Australia’s third largest home loan lender, NAB, has today hiked fixed rates for the fourth time this year. NAB has made its fourth round of fixed-rate hikes for 2022, with the major bank increasing rates by up to 0.60% for owner-occupiers and 0.80% for investors. The major bank has increased owner-occupied rates by 0.60% for…
While Australia’s property market started strongly in 2022, despite concerns about a cash rate increase and the continuing Covid-19 Omicron outbreak, it’s clear that price growth has now slowed across the country. Interestingly, the shift has seen a divide opening up between the suburbs where prices are plateauing and those which are still on the…
Are you still living at home with mum and dad? Well…according to new research by Finder, young Australians are putting off homeownership in favour of staying at home with their parents. The survey asked Australians how old they were when they reached major life milestones, if at all. The research found a stark housing generational…
What will flooding mean for the Brisbane property market? Flooding was supposed to be a once in a 100-year event and here we are just a decade out from the last round of floods. In the past few weeks and the coming months, it is important to support those in need of assistance and provide…
We know the once in a generation of property boom Australia experienced last year is now over. But what’s really happening to property values now? The new PropTrack Home Price Index, released this month, reveals trends in price growth across the country. In a recent article Proptrack economist, Paul Ryan explained what’s happening on the…
Over the last month or so many readers took some time off on holidays. While having a great time in the sun by the sea, some would have been considered buying a holiday home or apartment. Many think they can get the dual benefit of a rental income and a free holiday. I would be…
What’s ahead for the Melbourne apartment market? Despite more than 260 days of lockdown, the Melbourne property market performed strongly in 2020 and 2021 underpinned by low-interest rates, various Government incentives, and support measures as well as high household savings accumulated during the lockdowns. But this strong performance was largely limited to the detached housing…
