The Melbourne housing market continues to heat up, with the Victorian capital smashing a number of new records in March as sentiment and demand intensify. The market for both houses and units also continues to show strong momentum in line with the uptick in pace seen all around the country. Auction clearance rates above 70%…
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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Have you ever wished that you had more money, without all the fuss and effort? Maybe you’re concerned you won’t have enough saved for r etirement? Fortunately there’s actually a simple way to accomplish those things if you’re willing to learn how to put your money to work for you. It’s called compound interest, and it can…
A surge of Australians looking to buy a property has seen prices soar in some Sydney, Melbourne and Brisbane suburbs over the past two years. Property prices have hit record highs this year and, despite the effects of Covid19 recent Domain Research shows median prices rose annually 6.7% across Sydney houses, 3.9% in Melbourne houses…
In today’s changing property market where there are fewer good properties for sale than there are buyers there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. Other homebuyers figure that in today’s fast-paced world, where answers are a Google search away, and…
Employment surged in February with jobs growth of 88,7000 which were all full time jobs. This meant our unemployment levels fell much more than expected, down five tenths to 5.8% from 6.3% in January (revised down from 6.4%) The surge in employment now takes the level of employment back to pre-pandemic levels with both full-time…
Do you think it’s the right time to buy your next property? I know many property investors and homebuyers do. But the most recent Westpac Melbourne Institute Consumer Sentiment survey published last week showed upbeat general consumer sentiment with house prices expected to pick up further by consumers, yet it was not a wholehearted endorsement…
Cross-collateralisation is an important loan structuring issue of which many property investors are not aware. Knowing the implications of cross-collateralisation is crucial to developing a long-term property investment portfolio. So what is cross-collateralisation? Cross-collateralisation occurs when more than one property is used to secure a loan or multiple loans. For example, a person owns Property A…
We’re in for some good times in property in 2021. Yet, instead of entering the market with confidence, many would-be property investors are sitting on the sidelines – missing out on what could be a golden opportunity to take advantage of the current market. Everyone is an expert In times like these, every Tom, Dick, and…
Have you ever wondered where Sydney’s richest people live? Recent data from the Australian Taxation Office (ATO) has revealed Sydney’s highest-earning postcodes where average individual incomes easily fetch six zeros, the houses are bigger and the suburbs are more elite. In fact, the data highlights the stark divide between the richest and poorest Sydneysiders with workers…
Be careful – observing the change in median property prices may not be as useful as you think. While median house prices are one of the most cited property market statistics as with any single measure there are some shortcomings that investors need to understand in order not to be misled with what’s really happening…