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…
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…
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…
Australia has become increasingly well-known for its specialty coffee culture, and nowhere is the love for coffee stronger than in Melbourne. Our southern city has become home to some of the best-tasting brews, creating a coffee culture both serious and unique, and home to some of the country’s most accomplished roasters and baristas. So whether you are…
With the Australian property market performing strongly over the last few years, property investors are becoming more eager to get their slice of the pie, and an increasing number of so-called “property investment experts” are coming out of the woodwork. So how do you separate the genuine experts from the imposters? The ones who have…
What does a population of 27 million mean for Australia’s future? According to recent data from the Australian Bureau of Statistics (ABS), Australia’s population has officially surpassed 27 million. This milestone highlights the country’s dynamic growth, driven primarily by net overseas migration, which accounted for 83% of the increase, with natural growth contributing the remaining…
