With the Reserve Bank of Australia widely tipped to trim the official cash rate by 25 basis points at its next meeting, savvy investors are already thinking ahead. According to Domain’s Chief Economist Dr Nicola Powell, the flow-on effects of a cut could be significant, not just for borrowers, but for property values Australia-wide. And…
If you’re a first-time home-buyer or property investor, you might not have come across the term ‘conveyancing’ before. Likewise, terms such as unconditional, settlement, and ‘cooling-off’ period are also terms you may not be overly familiar with. And even if you’re a seasoned property investor, you would have employed a conveyancer or solicitor to assist…
Almost five years ago, I shared evidence that pointed to investment-grade apartments entering a growth cycle within a few years. That prediction hasn’t materialised as prices have remained relatively flat since 2020. But could that finally be about to change? My past work on this subject As noted above, I published a report in October 2020 analysing…
It’s been a solid six months of gains in Australia’s housing market, and July was no exception, with values climbing 0.6% nationally, according to the Cotality Home Value Index for July. But zooming in on Sydney, Melbourne and Brisbane reveals some sharp contrasts in the pace, and sentiment, of growth. Sydney continues to move steadily,…
It’s estimated that about 70% of businesses in Australia are family owned, and of those, roughly 40% are run by couples. That’s hundreds of thousands of Aussies sharing not just a home, but also a business, and all the triumphs and tribulations that come with it. Now, the idea of building a business with your…
Choices and decisions can make or break a business, career or relationship. One or two bad decisions can and often are forgiven. But those who frequently make poor choices and decisions either go out of business or find themselves on the unemployment line. I’ve learned from my Rich Habits research that, more often than not,…
While state and local governments focus on approvals and improving the feasibility of new projects, building companies continue to be stretched thin across an already swollen pipeline and reducing margins. From the very announcement of the National Cabinet’s plan to build 1.2 million new homes in five years in August 2023, many in the industry…
For decades, property development has been perceived as the exclusive domain of the ultra-wealthy, those with deep pockets, vast land holdings, and access to elite financial networks. But this myth is not only outdated, it’s actively misleading. Today, property development is more accessible than ever, and it’s not just about building high-rise towers or sprawling…
The idea of finding a hidden gem in the property market is alluring. Off-market properties – whispered about in investor circles in social media and touted by some buyers’ agents as their secret weapon – seem like the ultimate insider advantage. But are they really the golden ticket they’re made out to be, or is…
Have you ever wondered why some people seem to effortlessly build wealth through real estate while others spend their entire lives working hard, only to end up financially stuck? The truth is that most Australians won’t ever achieve genuine financial independence. Sure, they’ll retire… eventually. But for many, that just means swapping full-time work for…