You can predict a suburb’s property values over the next ten years by watching what happens to its coffee. I’m not joking. Long before auction clearance rates climb and the news outlets declare a suburb has “arrived,” there’s a small, unglamorous signal that tells you it’s already happening. Once you know how to read it,…
There are moments in life when a single sentence hits you so hard it rearranges your thinking. Not a long seminar. Not a complex strategy. Just one line that quietly exposes the flaw in how you’ve been operating. For me, that moment came when I read the following words from one of my early mentors,…
Most people think the rules of property investment change when the economic conditions change. They don’t. But how you apply them – and which ones you need to lean into hardest – absolutely does. Right now, Australians are navigating one of the more challenging economic environments in recent memory. The RBA has just raised the…
Imagine waking up tomorrow morning to discover that the median house price in your suburb had fallen by 5%. Would you assume your home was now worth 5% less? Would you worry that your investment portfolio had taken a hit, or perhaps conclude that housing was finally becoming more affordable? Well, I’d suggest you think…
There is no doubt that our housing markets are facing challenges from all directions, but clearly they have remained more resilient than the property pessimists had predicted. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, home values across Australia’s combined capital cities fell for the…
Why do some people work hard for decades yet never become financially secure, while others steadily build wealth, opportunities and choices? It is tempting to put the difference down to income, intelligence, luck or even the investment assets they choose. Yet my guest today is Tom Corley, has spent years studying wealthy people, and his…
Have you ever considered how much of your life disappears simply getting from one place to another? For many Australians, commuting has become such an accepted part of everyday life that we rarely stop to calculate its true cost. Someone travelling 45 minutes each way to work spends around 345 hours commuting over a typical…
Australia’s rental markets are tightening again, even though October’s asking rents offered tenants a little breathing space in several capitals. Meanwhile, another interest rate increase is adding to household pressures, with the Reserve Bank warning that inflation will take longer to return to target. Yet the weekend’s auction results were reasonably steady, and Melbourne once…
Early this year the conversation about Australian property was all about resilience, about how our markets kept climbing despite thirteen rate rises and a cost of living squeeze that refused to ease. Boy has that conversation has changed. Capital city dwelling values have fallen for seven months in a row. The downturn was initially led…
Imagine being told that an area has a housing shortage, the vacancy rate is low, a new train line is coming, and the property you’re looking at is below market value. They sound reassuring, which is exactly why they work so well. Over the years I’ve watched many hardworking Australians hand over their deposits on…