Lenders are reluctant to lend and buyers don’t want to buy when it comes to high-rise developments. That’s according to RiskWise Property Research’s latest analysis of the construction industry which has been hit hard over recent months following the high-profile cases of the Mascot and Opal towers in NSW. With cracks in both the Sydney…
An increase in investor activity in the latter half of 2019 has stirred the interest of first home buyers and owner-occupiers as they return to the property market. Last year, RiskWise Property Research detailed the effect investors had on the market and how their response to market forces affected that of owner-occupiers. When the “investor…
The $2 billion Carmichael coal mine, one of Australia’s largest thermal coal mines, will comprise six open-cut pits and five underground mines covering about 447sq km. Adani states it will produce between 10 to 15 million tonne per year of coal, with an option to increase this to 27 million tonnes. Employment creation figures have…
While, overall, there has been a major reduction in the number of units in the pipeline, there are still areas where the stock is well exceeding population growth, and which continue to have high risk. The apartment oversupply was largely contained to rental properties where there was a high concentration of new small units. In…
APRA’s scrapping of the 7 per cent ‘stress test’ buffer on home loans will effectively see a 9 per cent increase in borrowing capacity for owner-occupiers which will rise to between 13 and 14 per cent if the RBA undertakes two interest rate cuts before the year is out. With the current ultra-low interest rate…
RiskWise Property Research has significantly downgraded the risks to our real estate market, particularly in the Sydney and Melbourne property markets, following the shock results of the Federal election. Labor’s loss has eliminated the number one risk to the property market and this, combined with the high likelihood of interest rate cuts by the RBA…
The property market will remain weak well into 2020 unless the RBA cuts interest rates and these are passed on by the banks. However, it was the introduction of lending restrictions by APRA, followed by the greater scrutinisation of loan applications as a result of the Royal Commission, that was the catalyst for the downturn….
Winter is coming and a cold change has swept across the Hobart property market. What was once a nicely heated Hobart hub has gone off the boil, with CoreLogic figures showing a 0.9 per cent slide of dwelling prices last month. Houses fell 1.2%, while unit growth was only 0.3% in March. Our analysis in…
Has the veil finally been lifted on Labor’s proposed tax changes? I was invited to Canberra this month (February) to join a round table discussion with the PM, Treasurer and Assistant Treasurer, and other property heavyweights including Yellow Brick Road, hedge fund VGI Partners Global Investments, REIA, the Master Builders Association, the Urban Development Institute…
Times are tough in the property market and they are about to get tougher if Labor’s proposed taxation changes go ahead, so where are the riskiest areas to invest in 2019? RiskWise Property Research has compiled a list of the Top 10 Danger Zones throughout Australia, identifying areas with a large stock of off-the-plan units,…