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…
In Australia, Millennials born between 1981 and 1996, are shaping the housing landscape with their unique preferences. Today this cohort is between 28 and 43 years of age. There are over 5.84 million Millennials in Australia, and this generation is expected to grow by 108,250 people per annum over the next five years. If this…
Much is written about population growth and its positive impact on most things economic. But there is also a 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 794 vehicles per 1,000 bodies. It was 777 just before…
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…
Building homes is restricted mainly by planning red (and green) tape, high taxation, government munificence, and not being able to easily build what the market wants and/or can afford. Now that is off my chest – hopefully for the last time for a while – let me outline why stopping overseas migration isn’t really a…
Did you know that there are some one million unoccupied private dwellings across Australia? Yes – that’s what the latest Census tells us. This equates to about 10% of Australia’s private residences. What does an unoccupied dwelling mean? According to the ABS, an unoccupied private dwelling is: a vacant one at the time of the…
Let’s dive into some intriguing numbers about where Australians are living now and where we’re headed in the next decade. First up, check out Table 1. Some 7.8 million children – a whopping 30% of the population in 2021 – were living at home with their parents. Just under four-fifths (77%) lived with their coupled…
Today, I’ll look at Australian household types with emphasis on those Aussies living alone. One in ten Australians lives alone. However, the recently released Census shows that a quarter of our occupied dwellings typically hold just one person, but 90% of us live with someone else. Semantics? Maybe? So let’s look at the data… Number…
Daily we see sombre images from conflict zones like Gaza, Ukraine, Haiti and along the Coup Corridor in Africa. These evoke a mix of compassion and concern. For many, the sight of fellow humans fleeing from violence and upheaval provokes empathy, yet it also sparks apprehension, particularly among residents of affluent and much more secure…
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…
