For many Australians, most of their retirement wealth is tied up in their home. A simple, well-designed program to tap into those trillions in home equity could help boost their retirement incomes. Such a program exists. However, it remains little known and underused. The federal government’s Home Equity Access Scheme (HEAS) allows older Australians to…
![The Cities Where the World’s Billionaires Were Born [INFOGRAPHIC]](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/01/billionaire-270x200.jpg)
New York stands out as the world’s leading billionaire birthplace, but it’s far from the only global hub shaping extreme wealth. Across Asia, cities like Hong Kong, Singapore, and Mumbai also rank among the top origins of the world’s richest individuals. This world map highlights the cities around the world where at least 10 billionaires…
Australia’s housing debate today often centres on two policies: negative gearing and the capital gains tax (CGT) discount. Many investors argue these settings are essential for housing supply, while critics say they encourage speculation and inflate prices. But there is an interesting historical perspective that is often overlooked. For much of the twentieth century, Australian…
In real estate, timing and information are everything. Listings move fast, deals happen on the go, and communication never really stops. Whether you are managing properties, negotiating contracts, or responding to clients, a large part of your work happens online and often outside a traditional office. That flexibility is a huge advantage, but it also…
Australia’s housing crisis has seen a ripple effect spill from economic and political issues into the family law space, quietly reshaping how couples separate, negotiate property settlements and move on with their lives. Couples that may previously have been able to separate cleanly are now stuck in legal and emotional limbo, not staying together because…
Preparing a property to sell can be expensive and time-consuming. But there you can mitigate your resources with strategic, low-cost improvements that yield an incredible return on investment. When house hunters judge a home within seconds, sometimes simple upgrades can form better first impressions than pouring all your money into a brand new kitchen. In…
The new year has brought with it some unpleasant news in the form of another rate hike. Not exactly what anyone with a mortgage wanted to hear. The RBA lifted the cash rate to 3.85% back in February, and some homeowners and investors have also begun to feel the financial impacts of this change. Repayments…
Airlie Beach has become one of Queensland’s most talked-about coastal markets, attracting both lifestyle buyers and property investors. With strong tourism demand, limited housing supply, and growing infrastructure, many are asking whether now is the right time to invest. In this article, we break down the key factors shaping the Airlie Beach property market in…
Traditionally, the Queensland property market was dominated by the philosophy of property buying, holding, and renovation. Yet, in recent years, more and more property investors have started to think outside the box and question what the site they purchased was worth, rather than limiting themselves to existing structures. As a result, knocking down the buildings…
A single street tree can potentially increase an average Sydney house price by A$30,000, our new research shows. This echoes past research showing street trees not only help boost property prices, but offer other benefits, from improved scenery and privacy to increased shade. But there’s a catch. Our analysis, published in the international Cities journal,…
