With national property values down by 5.2% in September from their March peak, Australia’s housing market is in a distinct downturn. This has sparked concerns voiced by Opposition Leader Angus Taylor of a housing market “in freefall”. Translated into dollar terms, using the Domain property price series, the price of a typical home has dropped…
Renovating an investment property can improve its presentation, functionality and rental appeal, but the work itself can be hard on the parts of the property you aren’t renovating. Dust, dirt, tools, building materials and constant foot traffic can quickly turn a relatively contained project into a whole-property clean-up. Whether you’re renovating before leasing a property,…
You type your address into a property website. A number appears on the screen. For a moment, it feels useful. Maybe even exciting. Your home could be worth more than you thought. Or less than you hoped. You might start doing quick maths in your head. What could you sell for? How much equity do…
You do a walkthrough before a new tenant moves in, and everything looks fine. Then a few months later, they call to say a power point sparked when they plugged in the kettle. Electrical issues in rental properties often stay hidden until something goes wrong. The wiring might be decades old, the switchboard might be…
Glossy renders, drone footage, and a sales agent’s “prices are rising fast” pitch are not evaluation — they’re marketing. Most buyers who overpay or get stuck with an illiquid unit didn’t skip due diligence on purpose; they just never learned what to check before a number on a floor plan turns into a wire transfer….
Most investors have now heard that the 50 per cent CGT discount is going. Far fewer have worked out what that means in practice, which is that on 1 July 2027 every investment property in the country quietly acquires a second, permanent number in its file. Get that number wrong, and you carry the error…
Across Australia, thousands of people are waiting to find out if their homes will be built, after several separate construction company collapses. By far the biggest of those recent collapses has been the Bathla Group, a Sydney developer that’s been one of Australia’s largest affordable home builders. Owing about A$3.4 billion to private lenders, Bathla’s…
Australia’s cities are changing quickly. With population growth, housing shortages, shifting demographics and climate pressures, new expectations around how people live are all reshaping the development landscape. Property developers, because of this, are now dealing with an unusual mix of opportunity and risk. The demand for new housing is undeniable, particularly in established capital cities…
Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles. For the year to June, gross domestic product (GDP) grew by 2.1%, according to the Australian Bureau of Statistics, slightly stronger than market expectations. The bureau noted overall growth remained subdued, with spending growth and…
For Americans living in Australia, property investment can look like a smart way to build wealth. But without proper tax planning, it can turn into a source of unexpected US tax bills. Whether you’re thinking about buying Australian real estate or already own investment property back in the States, you need to understand how both…