Australia enjoyed a “once in a generation” property boom over the last couple of years where the value of most properties increased by 20% in many cases up to 30%. However recent Proptrack data revealed that the median house prices increased by 100% or more in 96 Aussie suburbs. Sunshine Beach in Queensland ranked as…
While Australia’s property market started strongly in 2022, an increasing cash rate and concerns about inflation saw property price growth drop across capital cities for May for the first time since the Covid-19 pandemic began in early 2022. Nationwide, property prices dropped 0.11% in May to a new median of $691,000, according to the latest…
Digital real estate in the virtual metaverse is fast becoming the hottest property on the market and is tipped to boom in value within just a couple of years. Here’s everything you need to know about metaverse real estate – the costs, the investments and the risks. What is metaverse real estate? The metaverse is…
There are around 9 million Australians (which accounts for 35% of the population) living in suburbs classified as ‘childcare deserts’, where children outnumber childcare spaces by more than 3-to-1. A new report, published by the Mitchell Institute and Victoria University, maps out the shortage of childcare services across every neighbourhood in the country and compares…
For the first time in 11 years, the RBA increased rates and we’re still expecting them to increase sharply over the rest of 2022. We already know that there’s a slowdown in-home price growth in part due to affordability issues, concerns with overseas geopolitical tensions, an upcoming election, and rising inflation, but no doubt exacerbated…
Clearly, it’s harder for young Australians to save their deposit to get into the property market. And it’s nothing new this to be blamed on their unnecessary spending. I remember a couple of years ago leading demographer Bernard Salt wrote a column linking the inability of many young Aussies to enter the housing market with…
While Australia’s property market started strongly in 2022, concern about an increasing cash rate, rising inflation, overseas geopolitical issues and an ongoing federal election campaign saw property price growth stall across our capital cities over the last few months. In April, prices across the country increased at their slowest monthly pace since May 2020, the…
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…
