Regardless of the economy, the stage of the cycle or market conditions, property is always a hot topic of conversation. And with our housing markets having delivered staggering growth over the last couple of years there is now that talk of us entering the next stage of the property cycle. The spectre of rising inflation…
Last year you could buy almost any property, go away on holidays (even though you really couldn’t because of Covid) and when you came back you would have been richer than when you went away. But that was a once-in-a-generation property boom that made almost anyone who bought a property look like a smart investor….
What are the biggest differences between the rich and the poor? I don’t mean the fact that the rich have more money. There is a lot more to it than that. That’s why I’ve written so much about the big differences between the rich and the poor over the years. In fact, I’ve written the…
The latest jobs and unemployment figures are in, and there is nothing there to dissuade the RBA from raising rates by another 0.5% in July and maybe even August as the jobs market tightens at a time interest rate remains well below the RBA’s nominated 2.5% neutral rate. The ABS reported a steady headline unemployment…
As we sit here today, inflation is the highest it’s been for years, interest rates are rising and people are wondering how high they will go. Plenty of tech stocks are down by up to 50%, the war in Ukraine continues, and supply chains are broken, the pandemic is lingering, China is in lockdown, we…
If you’re a property investor you probably want to increase your rental returns. And while you’ve most likely enjoyed strong capital growth over the last couple of years, moving forward this is likely to be more subdued – meaning getting better rentals is going to be even more important. So how do you do this…
Australia’s property boom sees 5 Aussie cities placed in the global top 20 for prime property price growth in 2022. International property consultancy Knight Frank’s Prime Global Cities Index Q1 2022, crowned the Gold Coast as Australia’s top-ranking prime property market thanks to robust property price growth. The city ranked in 7th place with a…
Residential real estate, inflation and interest rates just can’t stay out of the news can they? The latest CoreLogic Chart Pack provides a detailed overview of key market metrics, so here’s what happened in May. Market overview The combined value of residential real estate was valued at $9.97 trillion at the end of May, just…
It’s tough out there for tenants. There’s a shortage of rental properties available, both houses and apartments, with intense competition for the limited supply driving up rentals around Australia. And there’s no relief in sight. According to Dr Andrew Wilson’s My Housing Market, the already low vacancy rates continued to fall over May, driving rents…
Imagine if you invested $100 back in 1926 – the following chart from AMP’s Shane Oliver shows what would have happened. It’s obvious that over very long periods the power of compounding works wonders for shares and property compared to bonds and cash. Australian residential property delivered an average total return (capital growth plus net…