Cotality’s latest Pain & Gain report analysed almost 101,000 resales in Q1, finding 96.0% of residential property resales delivered a nominal profit over the quarter, up slightly from 95.9% in December and the strongest result since 2005. The median gain increased to a record $377,000, while the median loss remained unchanged at $45,000. Despite signs of…
Capital city auction markets continue to report subdued clearance rates and fading listings reflecting the impact of weakening buyer and seller confidence and the onset of the usual distracted winter market. Weekly Auction Results to Saturday, June 27th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate…
Imagine opening your payslip and discovering the government was taking half as much income tax as it does today. It sounds like the sort of promise politicians make before an election and quietly forget afterwards. After all, governments need revenue. They have to fund hospitals, schools, roads, aged care, defence, social security and the growing…
I began my study of rich and successful people well over 40 years ago Of course, not all rich people are successful, and not all successful people are rich but remember I was much younger and more naïve then and wanted it all. I tried to understand why some people were rich while others kept…
With so much noise in the media, it’s easy to miss some of the key developments that could have a significant impact on property owners, investors and aspiring home buyers. Over the past week, three major stories have emerged that deserve attention. More importantly, they provide valuable clues about where the property market may be…
As a property investor, you can get the timing wrong, overpay a bit, blow the reno budget, and still end up wealthier than the person who waited for “perfect.” I know that sounds like heresy, especially to newer investors who think every decision has to be flawless or they’ll be ruined. But after you’ve been…
Pauline Hanson’s National Press Club address last week reminded us she doesn’t like multiculturalism, she sees immigration as responsible for most of the country’s problems, and she regards the values of some immigrants as inimical to a predominantly “Judeo-Christian society”. She called for “monoculturalism” to replace “multiculturalism”. These kinds of views are not new for…
Do women really make better property investors? There seems to be mounting evidence that this could be the case. A while ago Kym Kiyosaki gave her opinion on 8 advantages that women have that make them better investors. Here’s what she said: 1. We’re not afraid to say, “I don’t know.” The person who has to…
In the world of investing, there’s no shortage of noise. Everyone from the new band of “property experts” on the internet to your neighbours has an opinion on where the market is heading, where the next big opportunity lies or when the market will crash. But if you’re serious about building lasting wealth through property,…
There’s a troubling irony in the latest data on how Australians are feeling about their lives. We endured lockdowns, closed borders, business shutdowns, and genuine fear about a global pandemic, and apparently, we were happier then than we are right now. New research from the Australian National University found that life satisfaction has fallen to…
