The Australian property market hasn’t taken the big, prolonged plunge that the pessimists forecast. In fact, the most recent PropTrack Home Price Index indicates that the ongoing price rebound carried on through May, and we’re seeing prices go up in more places than before. Home prices across the country have been going up for the…
We all know that we have a housing supply crisis and that the answer is to build more apartments. But my guest today Ross Elliott, who is a respected voice in urban economics, is going to challenge some of our preconceived notions about the housing market. He doesn’t deny there are problems with housing, but…
It’s halfway through 2023, and with concerns about rising interest rates and talk about a recession, one question many are asking is: What’s ahead for the Australian property market? Interestingly, according to the Domain Forecast Report, Australia’s housing market will be in a well-established, steady recovery over the coming financial year, with select capital cities…
It’s a simple question a lot of landlords ask. But the answer is a bit more complex. Read on to find out why. Landlord insurance is all about protecting owners from the unique risks they face when leasing their investment property. In general, the insurance can cover the property itself and/or its contents from a…
One of the things that stood out from my Rich Habits Study was how important thinking was to self-made millionaires. I tracked 10 different types of thinking habits these millionaires engaged infrequently, if not daily. From my research, it was so evident that thinking was fundamental to their success that I decided it needed to…
With the end of the financial year coming up soon, I thought I would provide some general tax strategies for property investors to consider: 1. Documentation Keep summaries of all your rental income and expenses. This is much easier if you have your property manager looking after your property where they pay all expenses and collect all…
The Australian Taxation Office is ramping up its efforts to recoup an estimated $9 billion revenue deficit, and they’re pulling out all the stops. Innovative strategies? Check. New alliances with asset managers and banks? Check. Advanced technologies to scrutinize investment loans and asset sales? Double check. If you’re an investor in Australian property, this is…
An undersupply of rental accommodation and an increase in renters is deteriorating affordability, a new report from ANZ and CoreLogic has found. The ANZ CoreLogic Housing Affordability Report: reflections on the pandemic and the rental market unpacks the state of affordability in the Australian rental market and looks at the many ways in which the…
How much do Australians love to renovate their homes? Well, according to Compare Market Australia’s latest research, Australia had the third-highest search volume for renovation terms, with an overall search term volume of 55.32 searches per month per 100,000 people. Additionally, Australia topped the list for bedroom and laundry renovation queries. Ahead of Australia were…
Covid 19 changed where and how many of us wanted to live. It triggered a significant migration away from Australia’s major cities as families sought more affordable housing options in regional and outer-metropolitan areas, capitalizing on the widespread adoption of flexible work arrangements. Analysis of newly released regional population data from the ABS by The…
