The number of Australians looking to sell their property is rising, especially in some particular suburbs, according to the latest Westpac research. The report found there is an uptick in the amount of Australians thinking about selling their home with four in ten (39%) homeowners planning to list in the next five years, an increase…
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.
Foreign buyer interest in Australian property has surged during the global pandemic, taking it to the highest level seen in 3 years, and it’s no longer China taking the title as the biggest investor. There was $17.1 billion worth of foreign residential real estate investment in the 12 months to June last year, which was…
Half of Australia is planning on saving their tax return while the government desperately wants them to blow it. Australia’s economic recovery is partly reliant on a prolonged spending spree but according to new research by Finder, Australians aren’t in the mood for splurging this tax season. The end of the financial year is almost…
There’s no doubt that the economic fallout of coronavirus has left many people feeling uncertain about their future when it comes to finances. You’ve probably seen the term ‘mortgage stress’ being bandied about in the media. Some of the usual suspects are touting headlines that suggest up to one in five Australian households, a massive…
We already know Australia has been building the biggest homes in the world, but coronavirus seems to have accentuated the thirst for bigger homes. At the end of last year, the CommSec Home Size Trends report found that new houses built in Australia during the 2019/2020 financial year were on average 235.8 square meters, a…
Clearly, we’re in a seller’s market at the moment, with the supply/demand ratio being out of kilter. First home buyers, established homeowners and investors are all out in the market chasing the limited number of good properties for sale Corelogic estimates that in the 3 months to May, there were around 164,000 dwelling transactions that…
With our markets on the move and a new property cycle now upon us, it’s becoming apparent that more and more investors are looking for the next property “hotspot.” The problem is, hot-spotting is about short-term speculation, not long-term wealth creation. Most property investors are trying to build their asset base so that one day…
Our property markets have been surging this year with double digit growth in sight for all our capital cities. And now that more Australians feel secure about our economy in general, and their jobs in particular, this will only place more impetus on our markets. This is showing itself as FOMO (fear of missing out)…
Almost one third of Australians have been hit by a financial scam, new RateCity.com.au research shows. In a survey of more than 1,000 Australians, 29 per cent of respondents said they’d been scammed. Scams included credit card hacks, identity theft and people who had been tricked into handing over money. RateCity survey findings: 29% of Australians have…
With house prices soaring around Australia, First Home Buyers, who don’t bring a “trade-in” to the market as established home buyers do, need to save thousands of dollars extra every week just to keep up with rising property prices. As a result, First Home Buyers are getting practical and turning to dated properties in need…