Australia’s population is growing rapidly, and recent data reveals that the record population increase in 2022 has continued into 2023. This growth is mainly due to an increase in net migration after our pandemic-related border closures. In other words, many people, and mainly students, are arriving in Australia and there isn’t the usual exodus of…
Across the combined capital city markets of Australia, rent values have risen another 10% in the 12 months to September. Limited availability of stock, a strong net overseas migration position and a normalisation between city and regional population movements continue to place upward pressure on capital city rent markets. For those that work or study…
As the housing markets in Australia’s major cities keep changing and growing, it’s crucial to realize that the homes constructed in the past may not match the needs of future homes. As we’ve often said, our changing demographics will drive the shape of our housing markets and these long-term influences will be more important than…
“In the end, it’s not the years in your life that count. It’s the life in your years.” – Abraham Lincoln We live in a society that constantly reminds us to save for the future, be financially responsible, and prepare for the unknown. We are told to stash away our hard-earned money, to save the…
When it comes to property investment, success is never a result of luck or chance. While it might seem like successful property investors have some secret formula, the truth is that they often share common characteristics that set them apart. Now over the years, our team Metropole have helped thousands of clients grow significant property…
Labour’s $10 billion Housing Australia Future Fund (HAFF), which plans to build 30,000 new social and affordable rental properties in the next 5 years, is yet another government scheme that falls short of any real solution to Australia’s rental crisis. Once established, the government expects that the fund will generate returns which will then be…
My property strategy is often classed as a long-term investor. Just to make things clear… my philosophy is to buy and seldom sell, rather than to buy and never sell. Why is that? Well, life has a funny way of bringing changes upon us and often there is not much we can do about it. Similarly,…
Do you have a spare bedroom? Well, you could be one of the many Australians who could be raking in hundreds of extra dollars each week by renting out their extra room, according to new research by Finder. According to data from Finder’s Consumer Sentiment Tracker, over a third of Australians (35%) – equivalent to…
What will your home be worth in two year’s time? Well, despite higher interest rates and existing affordability challenges, property prices in many parts of Australia could increase by over $100,000 in the next two years according to analysis by PropTrack data and KMPG property forecasts which indicate that much of our housing market is…
It’s taken 200 years for Australia to reach the size we know today. Will we double that in just 60 years? It’s hard to imagine, but in this podcast episode, demographic expert Simon Kuenstenmacher explores Australia’s possible population doubling in the next six decades and the impact on cities and property demand. In our chat…
