In turbulent circumstances it often pays dividends to set the appropriate tone upfront. The Australian housing market – as seen through the news and other media – will mostly be a depressing place in 2019. And if not disheartening, then contradictory at best. The headlines will tell us about falling prices; rising costs; declining sales;…
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 like to use three boxes to explain most things residential. They are known as The 4s. 4W 4Q 4P The Four Ws. We originally these here and it’s the What, Who, When and Where 1. What Here, four things matter most – without wanting to place catchy caps on everything – I call…
Here’s 10 things for 2019 1. Politics. I don’t want to wax lyrical here, just to say there is likely to be a May federal election. So, it will be a year of two halves, with stuff-all business wise happening until the election – and post the event and regardless of result – things economic…
This post I have included seven charts outlining what’s been missing when it comes to Brisbane’s housing market. For the record the latest data from CoreLogic suggest that Brisbane house values rose by just 0.3% over the last 12 months, with values rising 0.1% over the last three months. So, no price acceleration at the moment. Now that’s…
Just over two-thirds of Australian households own a pet. Of these 38% are dog owners and 29% are cat owners. In addition to this, just over half of the people who don’t currently own a pet admit that they would like one. Australia has the highest rate of pet ownership in the world. Only America, where…
How long does it take you to commute to work? Is it really taking longer today than it did 5 years ago? The Grattan Institute recently released another great report on Australia’s urban landscape. To read the 87-page report go here. But for those of you that are time short, I have pulled together 10 things you need…
Much is written about population growth and its positive impact on most things economic. But there is also sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 776 vehicles per 1,000 bodies. It was 723 a decade ago and…
I am often asked about when it is the best time to sell a home. Most think it is spring. And yes, it is slightly better but only marginally so. As a summary across all capitals – 21% of sales take place in summer; 26% in autumn; 25% in winter and 27% in spring. New…
Many want to reassure us that the current slump in wage growth is just a temporary thing. Yet despite rising business profits and apparently low unemployment, many are taking less money home (per hour worked) than they were in the past. Limited wage growth and increasing job insecurity – I think – will be the…
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…
