More and more sophisticated investors are considering commercial real estate as a viable investment strategy. They have usually built a substantial asset base and are now looking for more cash flow in their investments. Often, they buy smaller properties – such as a shop, strata office or perhaps an industrial warehouse – because the entry-level…
If you’re interested in getting involved in property development, or even if you’re keen to do serious renovations, there is an important principle you must understand. It’s the basis of all feasibility studies and it’s called highest and best use. Just like smart businesses try and maximise the return on their assets, so should you…
Now that our property markets are on the move no Sunday morning is complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on with the housing markets especially in our in our 2 big capital…
Chinese developers are increasingly downsizing or fleeing their Australian operations as China’s property crisis continues to intensify. Chinese property giants such as Country Garden, Evergrande, Poly, Greenland, Yuhu and Wanda burst into Australia’s property market two decades ago, investing billions into buying and developing high-profile property across the country. But as quickly as these developers…
It’s clear that Australia is suffering from a chronic property supply shortage, and with a focus on our rental crisis and high mortgage costs, the pipeline of residential construction will be more important than ever. The problem is, many viable solutions – such as the Government Housing Accord’s commitment to building 1.2 million new homes…
As the housing markets in Australia’s major cities keep changing and growing, it’s crucial to realize that the homes constructed in the past may not match the needs of future homes. As we’ve often said, our changing demographics will drive the shape of our housing markets and these long-term influences will be more important than…
Building a house in Australia home can be an exciting experience, but it is important to be aware of the many unexpected hidden costs of when building a house in Australia that can add up throughout the construction process. From the building design to council approval, the build itself to the fixtures and fittings, the…
With Australia’s population growing rapidly, it makes sense to aim to increase housing supply. However, the government’s plan to build 1.2 million new homes in the next 5 years really doesn’t sound realistic. Here are unfortunately many reasons why housing supply just won’t keep up with population growth in the near future. Let’s look at…
Renters have very few rental options, and buyers are struggling with high prices, which is a problem that has been ongoing for at least thirty years. To fix these issues in a sustainable way, we need to build more homes over the long term. Governments across Australia are starting to realize this need. In August,…
What do you do if you’re keen to buy a property at auction but it is passed in? Sure our property markets are picking up, but around 30% of properties put to auction still don’t sell on the day, so how do you handle the situation? When a property passes in, the highest bidder is generally…
