New Australian houses are the biggest in the world according to a new Commsec report. New houses in the ACT are on average the biggest in Australia while Victoria builds the biggest apartments But while the average size of new houses fell in Australia over the past year, the average size of new apartments has…
There are lots of polls of consumer confidence, but what does the property industry really thinks is ahead for our markets in 2022. Well..the ANZ/Property Council’s latest survey shows that confidence in Australia’s property sector has hit its highest point since March 2018, with the industry gearing up for a strong economic recovery in 2022….
There is much speculation growing about the effects of interest rate changes on our property market, but is there reason to panic? A headline doing the rounds over the weekend suggesting that the average household in the raft of suburbs will be pushed into mortgage stress if interest rates climb just 1%. Then there are…
![[Podcast] The Big Picture, economic and property trends you must understand - December 2021| With Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/12/MY-podcast-322-property-forecasts-270x200.jpg)
Australia’s economy and our property markets don’t operate in isolation, so I believe it’s good to regularly have a look at the big picture, the macroeconomic factors affecting not just Australia’s economy, but the world economy to help us understand what’s ahead for us, and I do this once a month in these Big Picture…
While most real estate investors worry about the value of their properties today, particularly in light of our flat and falling property markets, in my mind a much better question is “where will property prices be 25 years from now?” And the good news is that, believe it or not, the median house price in Sydney could be over…
![[Podcast] Even more property lessons we learned this year from Covid, with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/12/MY-podcast-320-investment_lessons_learned-Ken_Raiss7-270x200.jpg)
As they say – every cloud has a silver lining. So, what can we take out of the last couple of years of Covid to make our futures better? Well, in my last podcast I was chatting with Ken Raiss, Australia’s leading property tax strategist and director of the Metropole Wealth Advisory and we started…
2021 will be remembered as a year when our property market defied the odds and boomed. Domain’s End of Year Wrap shares an overview of the year and Dr Nicola Powell, Chief of Research & Economics for Domain, defines 2021 as the year we re-imagined our homes. She explains: The challenge of grappling with a…
How much has your online activity changed over the last two years? If you’re like most people, you’re spending more time in social apps as you look to stay connected, you’re spending more money via eCommerce, stemming from store closures and restrictions, and you’re logging in to work from home, leading to new habitual behaviors….
![[Podcast] 20 property and investment lessons we’ve learned from Covid this year, with Ken Raiss](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/11/MY-podcast-319-Ken-R-270x200.jpg)
The naysayers and the property pessimist were proven wrong – again! Despite prolonged lockdowns, no immigration, no international students, the threat of high unemployment, and all the pessimistic predictions for our housing markets, the value of many houses around Australia grew by more than 20% in the last year alone. Obviously, these are unprecedented times,…
Australia’s economy is rebounding from the recent Delta lockdowns with a robust recovery in labour demand as evidenced by a significant increase in ads for employment. Job advertisements as tracked by ANZ rose by 7.4% in November to a 13 year high of 222,093 available positions. Ads are up 52% on a year ago and…
