Australia’s $3 million suburb club has doubled again in 2021 thanks to the housing market boom, as the luxury property market powers ahead during the pandemic. The hot pace of property price growth this year has led to more suburbs cracking the $3 million median house price, realestate.com.au senior economist Eleanor Creagh said. “The luxury…
We know that Brisbane property values have increased by over 22% in the last year, but who is driving this demand for Queensland property? Home loan data allows us to identify who is buying and therefore driving demand for property. Figure 2 shows that at the beginning of Covid-19 there was a dip in the…
Call me biased, but I think Queensland is a great place to live and Brisbane property is a great place to invest. It’s no secret that Queensland offers a lifestyle you are hard-pressed to find elsewhere. With an appealing climate, boundless natural beauty, and with Brisbane, a more affordable option to other metropolitan areas such…
Here’s some great news for those interested in investing in Brisbane. Queensland is set to experience a “once in a generation” infrastructure boom in the lead-up to the 2032 Olympics. According to Dr. Nicola Powell, author of Domain’s Queensland Spotlight Report as a result, infrastructure across Gold Coast, Brisbane, and Sunshine Coast will vastly improve and…
There is a serious problem regarding home loans, which is affecting tens of thousands of Australians according to Doug Mathlin, founder of Smart Borrower. He believes too many Australians are paying too much interest over the life of their home loan. So he wrote a letter to Federal Treasurer Josh Frydenberg proposing what he said…
The most popular suburbs for property deals have been revealed, with the Domain House Price Report showing a trend to sea-change or tree-change hotspots or outer suburbs offering more space. At the same time, inner-city unit markets have been busy, with first-home buyers taking the opportunity to purchase from investors who need the cash while…
Aussies lost $851million lost to scams last year as the Covid Pandemic became a fraudster breeding ground. A recent study in the US ranked the 10 apps where people are being scammed the most in 2021 and Facebook came in at No. 1. A record $4.2 billion was lost to online scams in 2020 in…
Millennials are the first truly mobile generation -they shop and socialise online, embracing all that digital native life has to offer. It’s no surprise they do things differently to previous generations and in the latest McGrath Report, real estate doyen John McGrath explores how the largest portion of Australia’s population: Think about homeownership Tackle the…
Lockdowns continued to keep a lid on credit card spending in August, according to the latest Reserve Bank of Australia credit and charge card data . The latest Reserve Bank figures show lockdowns and the limited ability for a large portion of Australians to spend likely contributed to a reduction in the number and value…
More than 30,000 Australians relocated to the Sunshine State in 2020, a 15-year high. In the three months to last December, almost 5000 moved north just from Sydney and Melbourne. With a population of roughly 3.7 million, Queensland’s southeast corner is already the nation’s fastest-growing zone. Forecasts suggest it will top five million by the…
