A few weeks back BIS Oxford Economics made a big call, suggesting that the median Brisbane house price could rise by 20% or by $113,000, over the next three years. This made the front page of several newspapers and split the online real estate community with many sharing the prediction as if it was the gospel…
Articles by Michael Matusik
Michael is director of independent property advisory Matusik Property Insights. He is independent, perceptive and to the point; has helped over 550 new residential developments come to fruition and writes his insightful Matusik Missive
I keep getting emails telling me about how much more affordable housing has become now that interest rates are declining. Yet the evidence is wafer thin, with more often than not, an index chart attached to the spruik which needs a magnifying glass and a lot of imagination to see any actual improvement in housing…
Our cities are going to get bigger. We shouldn’t waste our time trying to stop this. So this week I look at the projected increase in the number of households in Australia. I have included two tables below. Key points The forecast is that we will see the creation of an additional 1.56 million households…
It was all doom and gloom in the lead up to the federal election and now, apparently, the housing market is set to improve, with some predicting another boom. Hmmm. For mine nothing has really changed as the Australian housing market still faces the same range of issues. 10 Things Future Housing List I like…
“The roads are clogged; the buses and trains are full. The schools are taking no more enrolments. I hear what you are saying. I hear you loud and clear.” Scott Morrison, Australian Prime Minister, November 2018. In March this year the PM announced a 15% cut in the ‘official migration ceiling’ from 190,000 to 160,000…
Successful, wealthy people are outliers. They do certain things every day that 95% of the population don’t do. There is a lot of noise being bantered about regarding property investment of late. No surprises here given the pending federal election; the likelihood of a close result and the mooted investment property changes by the Labor…
How much does a view add to the value of your property? To find out we undertook a study in 2018 to help provide us with some guidelines and found that certain types of view added a different value to a property. Our work identified the different views available and then we looked at how…
Discussions about this topic focus too much on the price of the real estate and its daily movement, rather than what should be discussed – household income. What we earn, particularly in disposable terms (minus tax), is equally important in determining what we can and cannot afford; as is the price of property. And the…
This post outlines the current state of play when it comes to new housing supply across SEQ. And the good news is …the region isn’t currently oversupplied with new housing stock. The Current State of Play The SEQ new housing market was oversupplied between 2011and 2013. This was mainly due to too many new apartment…
We all know that jobs growth, wages growth, population growth and economic growth help supports our property markets. So here’s a quick summary of the future of jobs growth in Australia: 885,000 new jobs are expected to be created across Australia over the next five years 85% of which are likely to be in NSW,…
