One of the hardest aspects of property investing isn’t locating the perfect property or securing a good loan. It’s something deceptively simple but challenging: having a sound strategic plan and then sticking to your plan. In an era of social media and reality TV, it’s easy to be tempted by flashy short-term gains, but here’s…
Did you know that some Australian suburbs are undergoing a generational revolution? Across the country, certain neighbourhoods are seeing a dynamic transformation as younger residents move in, reshaping the cultural and economic fabric of these areas. This “generation shift” isn’t just about demographics—it’s about how housing trends, infrastructure, and urban planning are redefining the places…
Australia’s economy expanded at the fastest pace in two years in the December quarter, boosted by an improvement in household spending and stronger exports. The Australian Bureau of Statistics’ national accounts report today said the economy grew by 0.6% in the quarter. It attributed this to “modest growth […] broadly across the economy […] supported…
If you’re like many property investors, you’ve had more than your share of frustrations over the last couple of years, including the increased cost of maintaining your property with rising interest rates and mortgage costs, council rates, insurance and ever-changing legislative environment that seems to be favouring tenants more and more. Today I’m joined by…
Australia is changing. Our population is growing, our economy depends on migration, and our cities are expanding, whether we like it or not. But how will our suburbs actually change? Will we continue to sprawl outwards, creating ever-larger commuter belts, or will we finally start building smarter, more efficient cities? Let’s take a deep dive…
Nationally, house prices increased by 0.3%, while unit prices increased by 1.1%, resulting in a combined increase of 0.4%. Among capital cities, the average asking price rose by 1.1%, with houses increasing by 1.0% and units increasing by 1.6%. Sydney’s market saw house prices rise by 0.5% while unit prices increased by 0.1%, leading to…
When it comes to buying a new property, one of the first things to think about is how much money you can afford to repay each month. While taking out the largest mortgage possible might seem tempting, the higher the mortgage, the higher the repayments, so too much could see you end up with very…
Capital gains tax (CGT) is a tax that is levied on the sale of certain assets, including real estate, shares, and other investments purchased with the intention to keep as opposed to buying with the intention to sell for a profit. In Australia, CGT is generally paid on the profit made from the sale of…
Now that the Reserve Bank has delivered its first rate cut for this cycle everyone is keen to know when the next cut is coming and carefully watching our inflation figures. Well, last week the ABS reported that the monthly consumer price index for January rose 2.5% on a year-over-year basis. Does that mean inflation…
Home prices rose in February after the Reserve Bank cut the official interest rate. CoreLogic’s national Home Value Index posted a 0.3% rise in February, breaking the short and shallow downturn that lasted just three months and dragging the national measure of home values – 0.4% lower. The February rise was subtle but broad-based, with…