Have you ever wondered why some people seem to make better financial decisions than others or why some investors consistently build wealth while others get stuck making the same costly mistakes? It’s easy to blame external factors such as market downturns, interest rates, or bad luck. But in my mind, the biggest may be you!…
Have you wondered how many years it takes for house prices to double? You will often hear it said that property values double every 7 to 10 years, but that’s not actually correct. There are markets within markets, and some outperform others. Then, there are periods in all various housing markets when property values remain…
In this week’s Property Insiders chat, Dr Andrew Wilson, chief economist of My Housing Market, discusses some updates on certain drivers of inflation, including the price of oil, the cost of construction of new homes and rentals. He also shares the top-performing regional markets around Australia, state by state, and as always, we have an…
Hindsight is a wonderful thing, isn’t it? Let me ask you a question… with the benefit of hindsight and knowing what you know now, if you had the opportunity to do so, would you have bought an investment property 40 years ago? I bet your answer would be yes, realising that the median property price…
The first interest rate cut in five years was welcome news for our housing markets. Though modest, this rate cut is not just about the potential savings for homeowners; it’s primarily a psychological boost that should reignite confidence in our housing market. While much of the focus in the media is on the relief for…
Are you wondering what’s ahead for the Brisbane property market in 2025? Throughout 2024 Brisbane remained one of Australia’s strongest capital city housing markets and is likely to remain the same in 2025 with dwelling values continuing to go from strength to strength. Brisbane’s housing market skyrocketed over the last few years with 67.7% price…
Are you wondering what will happen to the Melbourne property market in 2025? Over the last four decades, Melbourne has been Australia’s strongest performing housing market; however, over the last couple of years it has underperformed. In fact, over the last 12 months dwelling prices have been basically stagnant, while many other capital cities enjoyed…
What’s the outlook for the Australian property markets for 2025? What will the RBA’s rate cut mean for our housing markets? How many rate cuts will be get now that inflation is coming under control? Will affordability issues cause a round of distressed sales and price falls or even a property market crash in 2025? …
Are you wondering what’s ahead for the Sydney property market in 2025? Sydney’s home values have continued to increase throughout 2024, as the increase in properties hitting the market for sale has been met with strong buyer demand. However, greater stock for sale, affordability constraints, and the sustained higher interest rate environment have contributed to…
Here are 12 great vitamins for the mind from two great masters: Jim Rohn and Brian Tracy… 1. “I remember saying to my mentor, ‘If I had more money, I would have a better plan.’ He quickly responded, ‘I would suggest that if you had a better plan, you would have more money.’ You see,…