Here are two numbers worth remembering: 4 and 13 4 Since 1980 the time between house price growth peaks is four (4) years and not the often quipped seven (7) years. And it would appear that the time between peaks is getting shorter. This makes sense given the way we receive information these days and…
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
Imagine for just a few minutes that I am the RBA Governor. This is what I will be announcing next Tuesday at 2.30 pm. ….. Thank you for coming. The RBA board has agreed to leave the official cash rate where it currently stands. Up until last quarter, domestic inflation has been falling and in…
I don’t know about you, but I am losing count as to how many new homes the federal government is promising to build over the next five years. At the time of writing, it is up to 1.2 million – or 240,000 per annum – between 2024 and 2029. The Albanese government will give the…
It is little surprise that many are calling for fewer overseas migrants. This is what happens when over 400,000 people arrive in Australian in one year from overseas. This is especially the case after a lockdown when the country lost 85,000 residents during 2021. This chart 1 shows the rise and fall in net overseas…
In this article, I talk about the current state of Australia’s housing market, examining past and projected population growth, housing demand, and the supply of new dwellings. Four tables provide a comprehensive overview of the data, shedding light on the significant challenges and imbalances within the housing sector. Population growth and projections Annual population growth…
Most of the time, well almost always, when you hear about a change in dwelling values, it reflects prices achieved at sale. Homeowners often misinterpret what this means to them. Many think, that if say, the median value of dwelling sales fell by say 5% over the past twelve months (for example), that their home…
To find out the answer we undertook a study to help provide us with some guidelines and found that certain types of views added a different value to a property. Our work identified the different views available and then we looked at how much they can increase a dwelling’s value. Our investigation was also based…
Not that long ago there were two Australias. The Haves and The Have Nots. Tall Poppies and the Rest of Us. But now there appear to be three Australias. 1. Tenants There are roughly one-third of Australians who are tenants suffering from double-digit rental increases, while at the same time experiencing sharp falls in real…
There was a lot of talk a few weeks back about Melbourne’s population overtaking Sydney. This is because there are two main definitions for the metropolitan areas of all the capitals, and both were updated for 2022 and released by ABS last month. So, there are essentially two competing definitions for what constitutes an Australian…
Well, the RBA really does need a broom through the joint. After a 0.25% lift last Tuesday – making it 11 hikes in just 12 months – on some pretence that doing so will somehow reduce inflation. Inflation isn’t caused by the consumer but mainly by a range of ill-conceived government policies and actions. The…