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…
Are property investors greedy? What right have they got your own so many properties when others don’t have shelter? That’s one of the questions we answer in today’s question-and-answer podcast with Belinda Botzolis, who’s been a valuer for over 16 years and now brings her passion and years of experience to her role as one…
What’s ahead for our property markets, not just now but in the medium and long-term future? Wouldn’t you like to know? Because if you did, that would make you a more successful investor, wouldn’t it? We understand that forecasting just seems to be getting harder and harder. There are so many conflicting factors out there….
There are plenty of mistakes that novice property investors make that can derail them. These can range from simply buying the wrong property for the wrong price to not having any rainy day money in their kitty (a buffer). However, here are three mistakes that are a little more tricky to overcome because they are…