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…
Want to discover the tricks some sellers use when marketing a flawed property and learn the simple detection methods that expose their sneaky cover-ups? Well…before listing a property for sale, it’s not unusual for a seller to give the home a fresh coat of paint, maybe rearrange the furniture, lay down a nice rug and…
Australia’s property downturn is now over, and while prices are slowly rising we’re not going to experience a property boom with soaring prices any time soon, which means there are more property investors than ever looking at ways to actively increase the value of their property portfolio. Any wise investor knows that sitting on your…
As we enter the Spring selling seasons more homes are going to be put up for sale by auction, especially A-Grade homes. Unfortunately, for every auction winner, there are usually three or four auction losers. So let’s talk about everything to do with property auctions and some winning tactics to help you come out on…
What type of dwelling will be in continuous strong demand in the future? As the housing markets in major cities throughout Australia progress and develop, it is crucial to recognize that the past constructions in terms of dwelling types and locations may not align with the future requirements for housing. Charter Keck Kramer explored the…
If you want to get the best deal on a property, it’s going to take more than writing an offer and crossing your fingers it gets accepted. Effective negotiation isn’t rocket science, but it does require knowledge, effort and a fair amount of patience. Before you start offering purchase prices to agents, make sure you’re…
In these changing times when property investors can no longer count on strong price growth, many are considering getting started in property development to help them ‘manufacture’ some capital growth. In fact, one of the most-read blogs on this site is How to Get Started in Property Development. It all sounds so simple. So what…
How much do Australians love to renovate their homes? Well, according to Compare Market Australia’s latest research, Australia had the third-highest search volume for renovation terms, with an overall search term volume of 55.32 searches per month per 100,000 people. Additionally, Australia topped the list for bedroom and laundry renovation queries. Ahead of Australia were…