Demand for units in Greater Sydney has seen them achieve capital growth for the past five years of 54.7 per cent. And while the current downturn shows some small price reductions, in the medium and long-term solid growth and unaffordability are not expected to be major issues, according to RiskWise Property Research. Apartment living was…
The South Australian Government’s decision to cut land tax rates to be more competitive with other states may not have the desired affect if additional moves were not made to boost the economy. According to RiskWise, unlike the NSW Government’s commitment to major infrastructure projects in regional NSW and the Queensland Government’s in the southeast…
We’re living in a post-property-boom era, in a time when the term ‘off-the-plan’ starts ringing alarm bells. With almost all capital cities suffering from potential unit oversupply, at RiskWise we have compiled a list of the top 100 most risky suburbs across the country. The widespread oversupply issue is universally acknowledged by banks, including the Reserve…
Investors need to stop being greedy if they want to make money … and stop losing it as well. It’s quite a simple formula … Those who take the time to do their research and consult with independent professionals, who put an emphasis on long-term capital growth, are generally by far more successful but those…
The jobs & employment category measures the overall health of the labour market in Australia and in each of the states and territories are some of the categories we carefully watch for our Quarterly Riskwise Risks and Opportunities report . These measures include: unemployment; underemployment; effective unemployment; and wage growth. A strong employment market with many employment opportunities…
Melbourne is facing enormous undersupply issues and, therefore, dramatic housing unaffordability which will only get worse if nothing is done to address the situation. Analysis by RiskWise Property Research shows immense population increases, and lack of dwellings suitable for families in the pipeline, is likely to create strong long-term growth in prices. Plan Melbourne 2017–2050…
The changes to our population and our demographics is one of the categories we carefully watch for our Quarterly Riskwise Risks and Opportunities report . The population & demographics category measures the overall population growth as well as its components (net overseas migration, net interstate migration and natural increase). Population growth is a key driver in…
New Victorian Airbnb legislation could negatively impact the unit rental market, says RiskWise. This comes following the Victorian Government’s move to make Airbnb apartment owners pay neighbours compensation of up to $2000 for property damage caused by guests, while unruly visitors could face fines of up to $1100. Airbnb had proven a lifeline for investors unable…
How’s our economy affecting our property markets? Economic fundamentals are a group of major measures that we measure in our Quarterly Riskwise Residential Risk and Opportunities Report and that are used to assess the overall growth of the economy and to provide state-by state analysis in order to assess the projected likelihood of sustainable capital growth….
What risks do our property markets face? That’s exactly what we cover in our recently released quarterly Residential Property Risks & Opportunities Report by RiskWise Property Research. Our objective is to provide you with a risk heat map of the residential property market and to provide a comprehensive review of the major risk factors. From…