How do you choose an investment-grade property? One that will outperform the averages and deliver wealth-producing rates of return? Well…you probably know by now that property investment is part science and part art. The art component is the market intelligence that comes from decades of experience in buying and investing on the ground. And this…
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.
As we step into the next decade, Australia finds itself at a pivotal juncture in its demographic trajectory. Data from ABS show that Australia’s population (now 27 million) is projected to reach between 34.3 and 45.9 million people by 2071. In fact, the current ten-year average annual growth rate (1.4%) is projected to decline to…
I guess it’s a sign of the difficult economic times. A growing number of Australians are embracing multiple job roles simultaneously. In fact, in December 2023, there were 970,700 multiple job holders, compared to 13.4 million single job holders, according to the latest ABS data. This was up 1.4% from September 2023 when there were…
One thing this latest buzz of investor activity in the property market has demonstrated yet again is that some newcomers to the real estate game still insist on going in blind. These first-timers operate under the assumption that any property makes a good investment and that if things don’t quite pan out, well you can…
Investing in property comes with its own set of challenges. So let’s look at four challenges faced by investors and how you can overcome them: 1. Spruikers Currently, there are more property investment advisers and buyer’s agents out there willing to “help” you than ever before. There are bad apples in every bunch and the…
The latest housing finance data from the Australian Bureau of Statistics paints an interesting picture of the Australian property market. There has been a notable 3.9% decline in new housing loan commitments, following a 4.1% decrease in December. Breaking it down, we see a 4.6% reduction in owner-occupier loans and a 2.6% decrease in investor…
Sydney’s property market turned a corner in 2023, with prices rising consistently over the past 12 months and close to recovering to their pandemic peak. Sydney’s median house price is the highest across the country, at $1.4 million, while the capital city’s median unit price reached $834,578 in January. That’s the cost of living in…
Is Australia set to fall 200,000 homes short of target? Tom Devitt, Senior Economist at HIA, recently shed light on a concerning trend in Australia’s housing market. According to the latest HIA Outlook report, Australia is gearing up to construct just over one million new homes in the coming five years. This figure falls alarmingly…
Over the last few years there has been an uptick in landlords selling their investment properties, especially in Melbourne and Sydney. Data from PropTrack reveals a notable increase compared to last year, painting an intriguing picture of the current market dynamics. Investor sales on the rise PropTrack reports that in Sydney, during the December quarter,…
In recent years, we’ve witnessed a dramatic rollercoaster in Australian home prices. Despite the unexpected recovery last year following the downturn induced by interest rate hikes in 2022, the journey has been anything but predictable. According to the latest PropTrack Home Price Index, we saw a marginal increase of 0.02% in home values this January,…