Millions of Australian homes are at risk of natural disasters and most homeowners are unaware, leaving them sitting ducks and potentially uninsurable, according to Domain’s 2024 Perils Report. Domain CEO, Jason Pellegrino, emphasized the urgent need for Australia to build viable, livable communities as the climate changes. Mr Pellegrino said: “Australians are struggling. Affordable housing…
If you’re a property investor, the most common question you will likely ask is, “Where should I buy my next investment property?” In fact, who wouldn’t give their second garage to know which city will outperform over the next decade? Well, that’s the question I’m going to ask my guest today – independent financial adviser…
My chart this week illustrates Australia’s population projections over the next 25 years. I have used the medium projection series, and this is founded on the population data and trends as at financial 2022. It is the most up-to-date data and was released about a month ago. The projections are divided into several scenarios, showing…
Are you considering buying an investment property off plan? There are just too many risks involved in the off the plan sector of the property market. As property prices continue to climb across the nation, reaching or surpassing their pandemic peaks while stock dwindles by the day, I can understand why some investors think it’s…
If you could be one age for the rest of your life, what would it be? Would you choose to be nine years old, absolved of life’s most tedious responsibilities, and instead able to spend your days playing with friends and practising your time tables? Or would you choose your early 20s, when the time…
In Australia, Generation X born between 1965 and 1980, is shaping the housing landscape with preferences influenced by their life stage, career aspirations, and family dynamics. Today this cohort is between 44 and 59 years of age. There are over 5.11 million Gen Xers in Australia, yet this generation is expected to grow by just 27,000…
Whether or not we’re aware of it, there are two wars raging inside each one of us: Taking Action or Procrastinating. When we take action on our dreams and goals it moves us forward in life. Action creates ripples that produce feedback, which is critical in understanding if we are on the right track or…
Today I’d like to explain to you why our housing crisis is going to expose some of the flaws in the quick-fix solutions our major political parties are telling us is going to solve the housing crisis. I was writing a blog about this and thought I’d got to discuss it with you now. As…
The current situation for first-home buyers is unlike anything we’ve seen before. Over the past couple of years, we’ve witnessed a whirlwind of changes, particularly in the mortgage market. Mortgage rates have skyrocketed at an unprecedented pace, soaring from 2.9% in April 2022 to a staggering 6.4% today. And if that wasn’t enough, the rental…
Embarking on the journey to success is like navigating a winding road filled with unexpected twists and turns, and sometimes, confusing road signs that urge you to turn back. But with persistence, hard work, and the ability to learn from mistakes, reaching the summit is possible. However, along this journey, you’ll encounter a cast of…
