The landscape of the housing market in New South Wales has shifted rapidly over the past three months from a buyer’s market to a seller’s one. Only three months ago homebuyers in Sydney were in solid position to leverage on the prevailing market conditions. This is, however, no longer the case, with a sharp increase…
Articles by Doron Peleg
is the CEO/Founder of RiseWise Property Review. He has more than 20 years’ experience in risk management including, Co-Founder of Peleg, Kessel & Co, an assurance and advisory accounting firm & Executive Manager at Westpac Banking Corporation in Sydney. www.riskwiseproperty.com.au/
The projected end of the COVID-19 pandemic boost sentiment in Victoria that is projected to deliver 8 -12 per cent capital growth in 2021. The most important developments since our August report have been VIC’s outstanding success in almost eliminating COVID-19 and consequently the significant unwinding of restrictions across VIC and the reopening of the…
The Sunshine State is shining – strong demand for detached houses and outstanding demand for lifestyle areas projected to deliver 6-10 per cent capital growth in 2021 for the southeast QLD market. The QLD housing market, and particularly houses in the popular areas of Brisbane, the Sunshine Coast, and the Gold Coast, held up well…
Ultra-low interest rates have created a unique environment where buying a house in many areas is cheaper than paying rent on one In many areas, rent money is dead money, and renters with secure jobs are better off buying a house than continue paying someone else’s mortgage. When it comes to houses, that is a…
With insolvencies at an all-time high, and the continued risk of constructing high-rise unit blocks, it is essential developers focus on the ‘missing’ middle ring, employ a sustainable business model and address imbalances in the property market. This has never been more important, as figures show building approvals, especially in Sydney, are on the increase….
A buoyant property market does not necessarily equate to good rental returns especially when considering overall return, according to RiskWise Property Research. When Sydney and Melbourne markets were booming with extremely high prices, rental returns as a percentage of the property value were likely to be even lower. For example, if you get $500 per…
While property markets across Australia, particularly in Sydney and Melbourne, are recovering well, the recent bushfires have had a material impact on a large number of areas and the likelihood of the reintroduction of macroprudential measures is increasing. In addition, the implications of the fires and the coronavirus on the economy are yet to be…
Gosford has taken out the No.1 spot in RiskWise’s 2020 list of Top 10 Danger Zones. The NSW suburb topped the list due to a number of factors including the recent bushfire risk, oversupply of units (at more than 72 per cent of existing stock) and that units unsuitable for families were not in high…
Houses in southeast Queensland are enjoying higher demand and improved capital growth as buyer confidence rises. According to the latest RiskWise Property Research Risks & Opportunities Report, housing finance in Queensland is showing signs of improvement with an increase of 16.9 per cent since February 2019 after a reduction of 7.7 per cent relative to…
The Northern Territory’s poor economy continues to play a part in its subdued property market with 15.6 per cent price reductions for houses in the past five years and a massive 29.4 per cent for units. According to the latest RiskWise Property Research Risks & Opportunities Report, much of the negative capital growth in recent…