There’s a reason they call property investing “as safe as houses”, right? It’s because generally, buying property – provided you have a clear strategy and set goals – is a sound investment. Becoming a landlord can be a highly profitable venture for many people, including everyday Australians earning ordinary incomes. However, there are a few…
Articles by Kate Forbes
Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
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Australia’s property prices have increased much higher than what the market would have seen if the Covid-19 pandemic didn’t exist. House prices in most capital cities were expected to enter a cyclical upswing at the start of 2020, a new KPMG Economics report shows, but the global pandemic has supercharged that growth far beyond what…
Sydney’s luxury home market will be world’s strongest prime property market in 2021 according to international property consultancy Knight Frank with prices forecast to rise faster than envisaged just six months ago. However in 2022, Australia’s biggest city, crowned the most improved prime residential market, will share the top spot with London, with both cities…
Have you ever experienced that situation where you want to get into the property market or add to your portfolio, but the planets just are not aligning? You may start to feel a bit stressed, because house prices are booming and that first or next rung on the property ladder seems to be getting harder…
Here’s the good news: investing in property isn’t all that hard. But it does require you to follow a number of processes in order to do be successful. We’re still at the early stages of this property cycle with a number of years of strong property growth ahead, meaning new property investors still can get…
New data from the ATO has revealed where Australia’s highest-paid professionals live, with Sydney’s harbourside suburbs coming out on top as the country’s richest areas. The figures, based on the tax returns of 14.7 million Australians for the 2018-19 financial year, reveal that seven of our highest-earning postcodes are located in Sydney. Australia’s richest suburbs…
Australia’s population increased by 136,300 people in 2020. This was the slowest population growth since ABS records began in 1982. There were 294,400 babies born in Australia last year, the fewest births in 13 years – down 3.9% over the previous year. And there were 161,400 deaths in the past year down by 3.4% over…
Australia’s households just keep getting richer. Australian household wealth grew more in the last year than it did during the preceding three years combined. Despite living through the first recession in almost three decades, household wealth in the year to March 31 increased by 15.3 per cent, the fastest rate since the middle of the…
The ATO recently revealed the top 10 highest paying jobs in the country as well as how much “ordinary” Australians are earning. Interestingly the medical profession took out the top three spots. Surgeons earned an average of over $394,000 a year, followed by anesthetists bringing in $386,000 a year and internal medicine specialists earning $…