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Articles by Michael Matusik

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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


There's not one Queensland market
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There’s not one Queensland market

Unemployment is higher in regional Queensland than the more populous south east corner, but the focus on ‘big’ projects like the Adani coal mine, building more roads and new power plants doesn’t address the problem.  Research shows these big projects bring only a temporary employment boost, and do little to enhance skills or create enduring…

Vacancy Rates - What A Crock!
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Vacancy Rates – What A Crock!

Three minute read. Apparently, High-rise Harry will cease building apartments for rent if the NSW government implements rental reforms to improve security of tenure.  NSW politicians are looking to follow Victoria by implementing a series of measures to limit rent rises and make evictions harder. The NSW ALP is also considering giving tenants the option…

Where next for interest rates?
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Where next for interest rates?

One minute read. No interest rate change again this week. The smarties tell me that a neutral interest rate setting is when the yield curve is at 0.5%. Above this magic marker, official rates are likely to rise and below, the cash rate is likely to remain steady or may even fall. Our chart this…

What drives property price growth?
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What drives property price growth?

Two minute read Much, these days, is written about price growth, and to some extent, about rents.   A lot of it looks backwards, telling us about past performance. Most of it is nonsense. Less is said about future trends. And if the future is promoted, it is almost always thrown out there with little or…

What makes a property boom?
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What makes a property boom?

Property spruikers are at pains to outline that because one area is cheaper than another, it must be a better buy.  Take Sydney versus SEQld, for example.  Some folks have been calling for – and still are – a SEQld real estate “boom”. Yet, the latest figures show that dwelling values have risen by about…

Heaps more overseas migrants are now moving into Sydney, Melbourne and SEQ.
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Heaps more overseas migrants are now moving into Sydney, Melbourne and SEQ.

Three minute read Take a few minutes to look at the table below. Queensland Quarterly Population Growth Years/ Quarters Natural Increase Net Interstate migration Net Overseas Migration Total quarterly growth 2016 March 9,012 3,078 7,096 18,939 June 8,388 3,328 4,015 16,641 September 7,502 3,402 7,645 18,549 December 7,202 4,844 4,267 16,313 2017 March 8,133 4,142…

Where are all the First Home Buyers?
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Where are all the First Home Buyers?

Two minute read A few weeks back, the talking heads applauded the return of the first home buyer.  A sample of what was written in the press follows: Official figures show that 8,573 mortgage loans were taken out by first-time buyers in June, which is the highest level in almost three years.  The total value…

How much is a Billion dollars?
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How much is a Billion dollars?

One minute read  A billion – in Australia – is $1,000,000,000. You see this amount written everywhere these days. You cannot escape it. It was brought home to me a few weeks back, whilst driving through New South Wales. Road work signs proudly announced $2.3 billion worth of construction here, another $1.7 billion there. Governments…

How business investment matters to our property markets
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How business investment matters to our property markets

Investment matters, private expenditure, in particular. It reflects confidence.  Where business invests, economic growth and jobs often follow. People move to where there is work. It is a ‘post-postmodern’ world. Show me the money! And our table speaks volumes. Total private investment State or territory Total Fiscal 2017 Distribution Fiscal 2017 Five year change NSW…