In fact, is now a good time to get into the Sydney housing market? Australia’s house prices have reached or are close to record highs, with Sydney leading the pack as the nation’s most expensive city. Sydney’s property market continues to fetch impressive prices, particularly in some of the best investment suburbs in Sydney. CoreLogic…
Today’s online real estate listings are much more sophisticated than in years gone by. There are plenty of pretty pictures, floor plans and even walk-through videos designed to attract oodles of potential buyers. But just because there are more visuals than there used to be, it doesn’t necessarily mean that the words that go with…
Believe it or not, Melbourne has one of the highest populations of millionaires in the world. But it has also been named one of the most unaffordable cities in the world to buy a home. And a recent report from the Australian Taxation Office revealed that two of the richest suburbs in Australia are in…
The latest release from US-based consultancy Demographia has captured global attention yet again with its 20th annual International Housing Affordability Report. This study delves into the affordability of housing across 94 markets in eight countries, including Australia’s five largest cities. In his article in The Conversation, Simon Kuestenmacher discussed the report’s findings. He said that…
In some of Melbourne’s prestigious eastern suburbs, units are fetching higher prices than typical homes. This trend is fueled by demand from downsizers seeking high-specification yet low-maintenance living, alongside families who find houses financially out of reach. Recent data from Domain reveals that the median prices in the four most expensive suburbs for units exceed…
When the topic of investing in apartments and managing strata levies comes up, it often generates some robust discussion. While body corporate or strata fees don’t seem to concern some investors, others avoid such properties like the plague. Is there a middle ground? And is buying a property with body corporates really a problem? Why…
The dream of owning your own “castle” has changed a little, with many first homebuyers today buying an investment property first instead. Australians increasingly want to live close to work and where the action is, which is why most people like to live close to the capital city centres, but with prices rising across most…
If you’re a first-time investor, champing at the bit to purchase the first property in what will (hopefully!) become your wealth-building real estate portfolio, it can be a daunting task knowing where to start. There is loads of advice out there on how to go about it, but possibly even more important than the “how-to”…
Conducting a thorough inspection is one of the most important things you can do when buying a property, whether it’s a brand-new or a second-hand home. But not all potential buyers know how to spot a lemon. The clue is in the name – it’s a property inspection, not a leisurely walk-through. Don’t feel pressured…
House or unit… It’s an age-old debate among property investors, but I’m here to settle it once and for all. Which makes the best property investment, and what will people prefer to live in 10 years down the track? Are units a good investment, or is a house a good investment? There are lots of…
