The records continue to tumble when it comes to the impact of the pandemic on Australia’s population. The imposition of international border restrictions from March 2020 saw Australia’s population grow by 35,700 people – the slowest pace since at least June 1981 when ABS records began. Net overseas migration was 95,300 over the year to…
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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We are living in interesting times, aren’t we? After strong property price growth in all our capital cities so far this year, currently, with around half our country locked down there is a large degree of uncertainty about our economy and our property markets moving forward. This will result in two types of property buyers:…
I noticed an interesting trend developing over the few months before the current Covid Cocoon locked down our property markets. In those booming days, there were more buyers purchasing their property before auction than ever before. Driven by FOMO (fear of missing out) and record-high property prices across the country, the number of pre-auction sales…
House prices in some of the most sought-after neighbourhoods in Australia have been rising as much as $20,000 a week in the months before lockdown, according to new analysis by Domain. The Sydney housing market has been going gangbusters this year and according to the latest Domain House Price Report, property prices in several areas…
The coronavirus outbreak and continued lockdowns and restrictions have done little to dampen Australia’s property market. Recent Domain data shows that property prices have reached record highs across all capital cities as the perfect storm for Australia’s property market continues to roll out. Australia’s national median house price has climbed exceptionally close to the million-dollar…
If you’re thinking you can invest in cash flow to grow your wealth, I have news for you. It never has been the case, but especially in 2021 in the current investment environment, chasing cash flow might not be the most financially rewarding decision. Here’s why – and what you should do instead. What are high…
20-year analysis shows housing affordability continues to decline but rental affordability is stable
Property prices have soared around Australia at a time when wages growth has been minimal or nonexistent for many. An analysis by the Real Estate Institute of Australia shows the proportion of income needed to meet loan repayments has jumped from about 27 per cent two decades ago to almost 36 per cent in June…
Fostering a good relationship between all parties to a tenancy will allow everyone to get so much more out of the experience. It’s basic logic. Treat your tenants with respect; be considerate of the fact that your property investment is their home, and they will (hopefully) show you the same courtesy. Remember, these are the…
I’ve said it before many times, and it bears repeating once more: as a property investor, you will pay for your education. You’ll either pay for it by actively seeking to educate yourself, by investing in courses, seminars, and mentoring programs that help you grow your wealth. Or you’ll pay for it by making costly…
Two-thirds of property investors make the mistake of buying in their own backyard. Now we know that most property investors never achieve the financial freedom they’re looking for. Of the 2.1 million property investors in Australia, 1.9 million never get past their first or second property while only around 20,000 investors around Australia own 6…