I was motivated to write this blog for two main reasons. Firstly, I observed several buyers’ agents on social media proudly advertising short-term capital gains. One instance caught my attention, where a buyers’ agent claimed to have purchased a property for a client 18 months ago for $435,000, asserting its current value at $510,000, implying…
![Perth housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
When it comes to property investment, there’s no shortage of information available about what budding investors should do in order to ensure success. And just as important are the pitfalls to avoid so you don’t become a statistic of the property game. While many investors start out with the intention of making it big in…
Australia’s housing crisis has been a topic of intense discussion and concern over the last year. In an ambitious response, the Federal Government, along with the New South Wales and Victorian Governments, have set targets to deliver a substantial number of new dwellings over the next decade. But are these targets feasible considering Australia’s historical…
Properties in some Aussie suburbs are being snapped up at record rates as issues of scarce supply and high demand continue to strain the market. Recent Ray White data reveals that time on the market (how long it takes to sell a property) is still significantly higher in most cities across the country compared to…
It’s a bold statement, but it’s true. For some of you who are reading this right now, 2024 will absolutely be the worst possible time you could consider buying a property. There is the spectre of interest rates and inflation remaining higher for longer than we hoped, the continual media coverage predicting economic challenge, some…
![Sydney housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
2024 looks set to be another year of rising rents, stalling supply and intense debate over how to respond to the housing crisis. Occupying an increasingly prominent place in that debate is the YIMBY movement. Short for “Yes, In My Backyard”, YIMBY is a play on the well-known pejorative NIMBY, which has long been applied…
The number of Millennials reaching the family formation stage of their life is booming, and it’s creating an entire generation of Australians who are shaping our suburbs and property markets. Back in 2009, Bernard Salt wrote an article about Baby Boomers which, interestingly is just as applicable to today’s suite of Millennials. Back then, while…
![Adelaide housing market update [video] | April 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Last month’s 0.6% lift in national home values marked the 14th consecutive month-on-month rise, taking the index 1.6% or about $12,000 higher in the March quarter. Since declining 7.5% in the downturn between April 2022 and January 2023, the national home value index has increased by 10.2%, adding approximately $72,000 to the median value of…
