Home prices across the country climbed in March, following a clear shift in market momentum triggered by the Reserve Bank’s February rate cut according to the latest PropTrack Home Price Index. February’s rate cut boosted borrowing capacities and buyer confidence, helping to reignite demand and reverse the small price declines seen in the months prior. Ms Eleanor…
As expected, the RBA is taking a cautious approach, holding the cash rate firm at 4.1% in April, despite inflationary pressures easing into the target range and labour markets showing a softer outcome in February. The monthly CPI update for February shows core inflation has been tracking inside the RBA’s 2-3% target since December. At…
The Australian housing market is in crisis: soaring prices, increasing rental stress, declining homeownership rates and a growing number of people experiencing homelessness. In response, Prime Minister Anthony Albanese announced a $33 billion housing investment plan in his government’s latest budget. This is a central plank of Labor’s re-election pitch, aimed at showing housing commitment by: Making it…
In this show Ken Raiss, Brett Warren and I and a heap of questions left by viewers of a recent Masterclass that should be of interest to anyone interested in property investment. We explore the pros and cons of investing in outer suburbs, what’s ahead for the Melbourne property market, the significance of understanding property…
Australian property values reached new heights in March, reversing a recent downward trend, according to CoreLogic’s national Home Value Index. Values increased 0.4% over the month, the second consecutive month of growth in the national index, following a short three-month decline where values dipped 0.5%. City Month Quarter Annual Total return Median value Sydney 0.3%…
If you’re under 35 and considering buying a home, it might be time to rethink that decision. The economic environment and world of finance have shifted in recent years, and so should our perspective on homeownership. But does that mean you should give up on the dream entirely? Not at all! For generations, owning a…
Why are we blaming international students for Australia’s housing crisis? In recent years, as housing affordability has worsened across Australia, international students have been thrust into the spotlight as a scapegoat. It’s an argument that’s tempting in its simplicity: more students mean more demand, which pushes up rents. But the reality? It’s a lot more…
Only 4% of those raised in poverty become self-made millionaires. Sadly, I could share all of the Rich Habits, success tips, wealth advice, health research, etc. with everyone in the world and still only a small percentage would take action. Why are so few willing to take action and change their lives? Because change is…
National house prices surged over March following the February RBA interest rate cut with housing market activity rising sharply as 2025 unfolds. According to the latest data from My Housing Market, the national capital city median house price increased by 1.0% to $1,170,731 in the March quarter compared to the February quarter. The March increase…
As the fabric of Australian neighbourhoods transforms, the influence of LGBTQ+ communities on the real estate market offers a fascinating lesson in economics, equality, and empowerment. Properties in areas with high LGBTQ+ populations are increasingly becoming locations of strong property price growth, outperforming other locations in various aspects. What’s driving this growth? Cultural Vibrancy and…