As each spring approaches, so do those blogs and click baits assuring us that spring is the best time to sell a property. John Lindeman busts this urban myth wide open, explaining that it’s actually the best time to buy. Potential sellers are often told that spring is the best time to sell their property…
Rising interest rates, strong population growth, and a worsening housing shortage are pushing rental demand well ahead of rental vacancies. While the outlook for renters is bleak, with asking rents about to surge strongly in many areas, this also means that property investors seeking positive cash flow properties will be the winners. There are two…
The last Census was conducted in August 2021, when our international borders had been closed for over eighteen months, State borders were firmly shut and the southern capital cities were in lockdown. Much of the data illustrates the abnormalities that these restrictions on movement caused, but the stats also reveal how some people simply avoided…
We all know that all property booms eventually come to an end, so what will happen to property prices when the current boom is over? Property booms don’t all finish in the same way. Booms, where investors have been heavily involved, can become superheated bubbles, and then they bust, with prices crashing. In fact, as…
One of the most notorious land scams ever experienced in Australia took place on Russell Island, which is located in southern Moreton Bay and is just a short trip by ferry from the city centre. Even though it is technically part of Greater Brisbane, the island was largely uninhabited when some enterprising property developers bought…
While some bank economists are predicting that house prices will fall this year or in 2023 as interest rates increase, I’d like to explain why property prices will continue to rise. Economists are concerned that the Reserve Bank will soon raise interest rates to slow down inflation because inflation is very hard to reign in…
Virtually all of our major property markets experienced dramatic price rises during 2021, but the rate of growth is now starting to vary across our capital cities. Some housing markets are going into decline, while the rate of growth in others is accelerating. John Lindeman explains why this happens. The recent price growth slowdown in…
Do headline-grabbing horror stories about murders or riots steer potential property buyers away from some suburbs? Does the “celebrity effect” really does improve buyer demand in others? In late 2005, thousands of angry, alcohol-fuelled rioters engaged in an orgy of assaults and violence now known as the “Cronulla Riots”. It was widely considered that these…
The Australian Prudential Regulation Authority (APRA), has made a simple, but significant change to the lending rules for banks and other authorised lenders. This could well lead to some unintended consequences. From November, borrowers seeking housing finance will need to demonstrate that they are able to meet repayments when interest rates are assessed at least 3 per…
There’s been a great deal of talk about whether repeated and prolonged lockdowns will impact housing prices, but the fact remains that the two “lockdown” cities have experienced recent price booms, while those with the weakest price performance have been lockdown free. Since the onset of the COVID-19 virus with all those lockdowns and restrictions…