We know rents are rising across Australia, but the latest inflation data from the Australian Bureau of Statistics gives some interesting insights. Rents in all capital cities rose over the first three months of the year, and this is not really surprising considering the current 16-year low vacancy rates across Australia. However while Sydney and…
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Latest postsThere are around 9 million Australians (which accounts for 35% of the population) living in suburbs classified as ‘childcare deserts’, where children outnumber childcare spaces by more than 3-to-1. A new report, published by the Mitchell Institute and Victoria University, maps out the shortage of childcare services across every neighbourhood in the country and compares…
Brisbane’s house prices have seen the steepest annual climb in 13 years as the city’s property market comes to grips with relentless Covid-19-induced demand for property. In 2021 the city experienced a once-in-a-generation property boom that resulted in almost 400 suburbs joining the million-dollar club. If you’re looking to buy, you’ll be pleased to know…
Play this important message from Michael Yardney Are you wondering what will happen to the Brisbane property market in 2022?? Well… Brisbane was the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30+% house price growth. And even though growth is slowing in other parts of Australia, Brisbane’s housing markets are…
What’s the outlook for the Australian property markets for 2022 and beyond? This is a common question people are asking now that the housing market has transitioned from an upswing generally characterised by a strong and broad-based rise across the regions of Australia, to one best described as multi-speed. At one end of the spectrum…
During the recent property boom Melbourne’s housing values did not grow as strongly as other capitals, but remember…we were locked down in a Covid Cocoon for 260 days. But then, in the second half of 2021 property values increased in almost every part of Melbourne – and that’s very unusual. So far this year the…
Everyone likes cash, don’t they? While most of us don’t have much of it in our wallets anymore because it’s been replaced by a bank card, that doesn’t mean that we don’t spend much of our lives wanting more of the stuff. Whether it’s through a salary or starting a business, most Australians would like…
Play this important message from Michael Yardney Are you wondering what will happen to the Sydney property market in 2022? Well … Sydney finished up the second strongest performing Australian housing market in 2021 with many locations experiencing 24+% house price growth. Of course, the Sydney property market has been one of the strongest and most…
It seems everybody I bump into has an opinion on our property markets. They’re reading all the news and while some believe our property markets are going to perform strongly there are more and more property pessimists who believe rising inflation and interest rates will lead to a housing market collapse. Only last Saturday Pam…
The Australian property market boomed amid the pandemic, with prices reaching record highs thanks to high demand, low supply, and low-interest rates. While the market has cooled since then high prices and rising interest rates mean it’s still as difficult as ever for first-home buyers to get into the market. Couple this with today’s rising…