It’s official – again. Australian capital cities, particularly Sydney and Melbourne, are among the most unaffordable places to buy a home anywhere in the world. A new global housing affordability survey has ranked Sydney as the second least affordable city globally (just behind Hong Kong), with Melbourne not far behind at number four. That’s the…
Melbourne’s property market has always been a tale of two cities, but new research from Domain shows the divide is deepening, and it’s being driven by a sharp mismatch between buyer budgets and what’s actually available for sale. Domain’s latest report, Matching Demand: Exploring Buyer Preferences v Market Supply, has revealed that in some of…
Something significant is happening in Victoria’s rental market, something we haven’t seen in over two decades. And while it hasn’t made big headlines just yet, if you read between the lines, it points to a worrying trend for renters, a turning point for policymakers, and a potential opportunity for long-term investors who know how to…
Australia is in the midst of a housing crisis, and the numbers don’t lie, our housing supply simply isn’t keeping up with our booming population. Over the 2024 financial year, we built 62,000 fewer homes than we needed, according to PropTrack. And while that’s an improvement from the previous year’s 110,000-home shortfall, it’s hardly cause…
There’s a property risk you probably haven’t thought about. Well…maybe after the severe floods we’ve just experienced so far this year and Cyclone Alfred, you are thinking about it now. Sure you’ve likely given thought to the impact of climate change on weather, our lifestyles, and what kind of future our kids will inherit. But…
If you’ve been following the property markets closely, you’ll know investor activity has increased. But the latest figures from Money.com.au’s Mortgage Insights report confirm just how widespread, and strategic this resurgence is. We’re not just seeing more investor loans; we’re seeing investors target very specific markets, asset types, and growth corridors. And as always, the…
We’re used to hearing that Australia has some of the most expensive properties in the world. The headlines love to scream that Sydney is less affordable than New York or that Melbourne rivals Paris for house prices. But is this really true? And more importantly, should property investors care? Well, let’s take a step back…
Yes, you read that right — even in the middle of a cost-of-living crisis, there are still places around Australia where owning a home can be cheaper than renting. But (and it’s a big but), you need to know where to look, and you need to act strategically. The media’s been busy with doom and…
If you’ve been watching Melbourne’s property market closely, you’ll know it’s been a two-speed market in recent years. While established houses in gentrified inner- and middle-ring suburbs have pulled ahead, many apartments have been stuck in reverse gear. But something’s shifting. However, new PropTrack data reveals there are still 13 Melbourne suburbs where apartment prices remain…
Have you noticed that property investors are surging ahead while first-home buyers and owner-occupiers take a backseat? The latest mortgage trends suggest this gap will only widen in 2025. With investor loans soaring, refinancing making a comeback, and interest rates shifting, the property market is entering a new phase, and if you’re not paying attention,…
