If you’ve been watching Melbourne’s property market closely, you’ll know it’s been a two-speed market in recent years. While established houses in gentrified inner- and middle-ring suburbs have pulled ahead, many apartments have been stuck in reverse gear. But something’s shifting. However, new PropTrack data reveals there are still 13 Melbourne suburbs where apartment prices remain…
How we move through our cities is about much more than just getting from A to B. It impacts our health, our productivity, our environment — and yes, even our wealth. And with Australia’s capital cities continuing to grow, the way we commute is becoming a critical piece of the urban puzzle. Yet, for most…
When it comes to property investment, many investors strive to strike a balance between the income and the capital growth a property generates, hoping to maximise both. However, I have written a lot about the fact that the income from a property, after expenses, probably won’t help you achieve financial independence. It’s the power of…
For mine, the Australian housing market is about to boom. Why? I think we are heading towards a bout of stagflation. Job creation is about to tank and, whilst inflation will rise and remain above the RBA target range for some time to come, interest rates will fall. My modelling suggests that every time mortgage…
The words “chocolate” and “disappointment” don’t often go together. But you may have experienced some disappointment if you’ve ever unwrapped the bright foil of an Easter egg to discover white, chalky chocolate inside. What is this white substance? Is it mould? Bacteria? Is it bad for you? Can you still eat it?! The answer is…
If you want to understand what’s happening in our housing markets around Australia, Domain has just released its latest house price report. The report revealed that Australia’s property market continues to break records, with combined-capital house prices climbing for a ninth straight quarter. Although most capitals are experiencing a slowdown in the pace of price gains, Sydney and…
After several years of relentless rent hikes, it seems the tide might be turning—at least for now and in certain locations. PropTrack’s latest rental market data shows that nearly three-quarters of NSW suburbs experienced either stagnant or declining advertised rents over the past three months. That’s a marked change from the skyrocketing rental increases we’ve…
Easter is the time for chocolate. The shops are full of fantastically packaged and shiny chocolates in all shapes and sizes, making trips to the supermarket with children more challenging than ever. Meanwhile kids are receiving chocolate eggs at every turn from friends, relatives and the Easter Bunny (or bilby). But this can also make…
A select few areas in Australia generate most of our wealth. Whilst some are often a very long commute from where many Australians live, in general more people want to live closer to these economic generators, hence the rising attraction for more compact living. But most cannot fit into or afford to live in a…
As the election campaign rolls on, housing has been, unsurprisingly, a major campaign focus. We’ve seen a series of housing policy announcements from across the political spectrum, including duelling announcements from the major parties in recent days. Labor will expand access to their Help to Buy and Home Guarantee schemes by either raising or removing…