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
One minute read Some 1.1 million new homes have been built across Australia over the past decade. According to the census, most were detached houses, followed by townhouses and then apartments. With regard to housing tenure, in this Missive, we have included two tables. Table 1 Australia, change in housing tenure, 2006 to 2016…
Two minute read We know that the number and proportion of unoccupied homes across Australia is increasing. The latest national count found that 11.2% – or about one million – of our private dwellings were empty at this time last year. Now, I need to bore you for a few moments with some stats….
We like things big in Australia. Big homes, big cars, big meals, and big characters – everything’s got to be larger than life. Or does it? Have you, for example, looked at new car sales lately? Fuel efficient, small to mid-size cars are flying out of the showrooms almost before they’ve been off-loaded from the…
Two minute read The RBA guv, Philip Lowe, delivered an important speech last week titled, “The Labour Market and Monetary Policy”. Go here to review. And for those with a life, here’s what it means in Matusik speak. The RBA is in no rush to do anything – that’s lift or cut interest rates. What a great job…
More information from the Census for you in a two minute read Following on from my census commentary last week, in this post we continue with bedroom trends. Here, we are looking at what has been happening in our townhouse type stock and high-rise apartments. Australia, townhouse, terrace homes and semi-detached Bedrooms No. Five year change…
Two minute read As mentioned yesterday, over the coming week or two, we will try to demystify the 2016 Census results. This post, we look at household size. What’s going on is quite different to what we are often told. Many seem to be caught in the wrong mindset. Australia Type 2006 2016 % population…
Two minute read Over the next couple of weeks, we will try to make some sense of the 2016 Census results. This evening, let’s cover private occupied dwellings. Australia Type No. Ten year change 2006 2016 Houses 6.334m 649k 11% 75% 71% Attached* 1.129m 427k 61% 9% 13% Apartments 1.214m 138k 13% 14% 14% Other**…
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…
Two minute read Queensland’s interstate migration figures have improved and they now account for 21% of the state’s annual 70,000 population increase during calendar 2016. Queensland’s overall rate of population growth is also rising. Yet, rising population growth isn’t always a good thing, especially when most of the current moves are to already overcrowded, and…
Two minute read Here are some new things to do with our population. Population update Following the release of Census data today, population estimates for the last five years can be updated. The population estimate for Australia has been increased 86,000. The biggest upward revision was for Victoria (+111,000), followed by New South Wales (+15,000),…
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