Real estate agents perform a valuable job for both buyers and sellers, but it’s their aim to find the most buyers for properties they have listed, so their descriptions can often be a little on the optimistic side. Here’s our guide to how agents may answer your questions, and the real meaning that could lie…
The two most significant demand dynamics of our housing markets are population growth and purchasing power, but they can work in very different ways, often creating confusion in the process. Most experts link population growth to housing market performance because every new household needs somewhere to live. While this is certainly correct, this demand can…
People have enjoyed the companionship of animals for thousands of years, but can we protect their futures by leaving them property in our wills? Around two-thirds of Australian homes have a pet of some sort. Not only do dogs and cats protect our homes from unwelcome visitors, but they also provide fun, and friendship and…
After the largely unanticipated COVID-19 property market boom, we were hit with twelve successive interest rate hikes, sapping buyer confidence and demand. Since then we’ve witnessed six months of strong price growth in virtually all housing markets, despite those high interest rates. I’ll explain why these events took place and what the future holds for property…
Investors usually diversify their properties to minimise exposure to risk. But if we know exactly where and what properties to buy in order to secure the most profitable outcomes, we can safely put all our eggs in one basket. Many advisers say that putting all our eggs in one basket is a high-risk strategy. They…
It’s human nature for us to exaggerate when talking about our achievements. We tend to embroider facts about our relationships, families, work and homes, placing them in the best possible light while we push any uncomfortable truths which don’t fit our picture of perfection into the background. Salespeople do exactly the same, but we often…
Property investors are always on the lookout for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can identify potential boom areas before the growth starts and then sell out before it stops. One well-tested way to do this is to find links between…
This is a tale of two visionaries that holds a message for property investors because one of them was totally right and the other was completely wrong. The first visionary was Henry Hellyer, who was employed by the Van Diemen’s Land Company in the early 1800s to find suitable sheep farming land in their recently…
Property investors are always looking for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can find potential boom areas before the growth starts. One well-tested way to do this is to find links between cause and effect, which is a process called correlation….
When it comes to partners, horses, and football teams, past performance is often used as a guide to predict future performance. Many experts assure us that it’s the same with the property market, but this leads to a huge contradiction in exactly how past performance predicts the future. Only buy in areas that have experienced…