For the last few decades it was the needs of the Baby Boomers (50-64 year olds) which drove our property markets But now it’s GenY’s turn to shape our markets according to BIS Oxford Economics’ Emerging Trends in Residential Market Demand report. BIS has forecast that Generation Y (aged 20 -34) was expected to favour apartment and…
Investing in property is inherently a risky game. No matter whether you’re a veteran investor or a rookie, certain risks remain – but they shouldn’t stand in your way of making a lot of money through investing in real estate! To be a successful investor you should have a basic understanding of risk, because it…
The boom in house building in late 1980s is set to provide big opportunities in the renovations market over the next decade according to the HIA. The recently released HIA Renovations Roundup Report shows a strong correlation between the volume of renovations work and the age of the housing stock. HIA Senior Economist, Shane Garrett said:…
We’re a house-proud bunch, and getting more so by the year. The latest findings from Roy Morgan Research reveal that close to 8.4 million (or 62%) of Australia’s 13.6 million home owners did some kind of renovations in the last 12 months—up from 7.5 million (57%) three years earlier. Minor repairs/alterations are the most popular…
