First home buyers in New South Wales will be able to avoid paying stamp duty when they buy a property from January 16 next year, under a new government plan. Instead of paying the lump sum, eligible first home buyers purchasing properties for up to $1.5 million will be able to choose to pay an…
Articles by Robert Chandra
Robert Chandra is a Property Strategist at Metropole and has an intrinsic understanding of property markets backed by many years of real estate experience. This coupled with several degrees gives him a holistic perspective with which he can diagnose clients’ circumstances and goals and formulate strategies to bridge the gap.
What a week! The RBA’s Governor Lowe appeared on the ABC’s The 730 Report and said inflation will likely get to 7% by the end of the year. He also explained that headline inflation is now expected to reach 7% and that it was reasonable to expect the cash rate would get to 2.5% at…
There’s been a lot of talk about housing affordability recently, hasn’t there? Well, there are some surprising findings in the recent Australian Bureau of Statistics (ABS) biennial publication “Housing Occupancy and Costs” for the 2019/20 financial year. According to the ABS housing affordability for homeowners paying off a mortgage has improved to its best level…
Our economy is showing signs of strength as SEEK’s new job ads rose 2.1% month on month in May, further extending its record highs for the 5th consecutive month. Overall, job ads are 76.1% higher than pre-pandemic levels, indicating labour demand remains elevated even with a record of low unemployment rate. For this month, job…
If you’re like me, you like reading motivational quotes. I’m particularly intrigued by those of successful investors. Yahoo Finance recently ran a selection of these. Here they are… George Soros: Good investing is boring “If investing is entertaining, if you’re having fun, you’re probably not making any money. Good investing is boring.” Howard Marks: Investing…
While a lot is written and discussed about what is currently happening to our property markets and what’s going to happen in the future, have you ever wondered what’s happened over the last 30 years? Well..to celebrate Aussie’s 30th anniversary, they looked at 30 years of property trends between December 1991 and December 2021. Data…
Where are the best locations to invest in Sydney property in 2022? Or is it too late to get into the Sydney housing market now that affordability is stunting price growth. Clearly the strong price growth of Sydney experienced in 2021 was unsustainable, and now the “overall” Sydney market has been flat for most of…
Australia’s property market has shown signs of easing as the current cycle of strong growth and heightened buy demand begins to wind down, according to the latest PropTrack Housing Market Indicators report. Easter and Anzac’s long weekends, combined with the ongoing federal election campaign and the threat of interest rate rises in April disrupted the…
Another sign of the strength of our economy is that SEEK’s new job ads rose 2.9% month on month in April, further extending record highs in a 4th consecutive month of growth. Overall, job ads are an incredible 74.1% higher than pre-pandemic levels, indicating labour demand remains elevated even as employment has more than recovered…
Melbourne’s housing market slowdown became more apparent over the first quarter of 2022 as house and unit prices fell from previous record highs. The latest Domain house price report shows that: House prices slipped by 0.7% over the quarter to $1.09 million, it is the first decline since the June quarter of 2020. This has…