Generation Alpha is poised to reshape the consumer landscape, wielding an unparalleled economic influence driven by their innate relationship with technology. As this generation matures, its economic footprint is projected to reach an astonishing US$5.46 trillion by 2029. This generation isn’t simply inheriting a digital world – they are being born into it. From their…
Buying a home is a major life experience, filled with excitement, happiness, and pride. But sometimes it can also be fraught with stress and fear, consuming too much of your precious time, money, and energy, particularly without the right professional guidance. Choosing the right property for your family comes down to knowing what you need,…
What’s ahead for apartment vacancy and rent? Well, new data from CBRE research found that median rents are expected to grow by $120/week (+26%) between 2023-2028, across 53 precincts in Australian capital cities. In fact, a number of precincts are likely to see mid/high 30% rental growth. It is also expected that capital city vacancy…
It’s happened again. The Reserve Bank has hiked interest rates in November, ending a four month reprieve for mortgage holders amid renewed fears that inflation is not falling fast enough. RBA govenor Michelle Bullock said on Tuesday that inflation is still too high, requiring action. “Inflation in Australia has passed its peak but is still…
While many Australians are keen to invest in property to secure their financial future, the statistics clearly show that most investors fail to achieve their goals. That may be because of the many market myths and misconceptions that mislead even seasoned investors. In today’s show Brett Warren, the National Director of Metropole Property Strategists, and…
The latest PropTrack Home Price Index revealed that the 2023 price upturn is firmly entrenched with home prices hitting fresh record highs in many markets in October. Clearly, price growth has accelerated since 2022. According to PropTrack’s data, in the year to October 2022, national home prices had risen just 0.19% after falling 3.68% from…
Before COVID-19, Australia had a steady flow of about 235,000 people coming in each year. But when the pandemic hit, they closed their borders, and almost no one came or left for two years. If the pandemic hadn’t happened, we would have had about 470,000 people moving in during those two years. In February 2022,…
Believe it or not…being wealthy is a choice. I’m not sure when I first really understood this, but when I got” it, it made a big difference to me. I probably read it first in a Robert Kiyosaki book. However, I do remember thinking – “That can’t be true. It’s not that simple. You can’t…
Overseas migration is frequently being called out as one of the primary factors influencing the housing market. In the face of high-interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. National home values have increased 7.2% in…
Location, location, location! I’m sure you’ve heard about the importance of location. In fact, you’ve probably heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. During the recent property boom, any and every property sold, but we’re now seeing a flight to quality…
