More than 60% of Australian households are made up of just one or two people, yet the bulk of our housing stock is built for families. New analysis from Cotality shows a stark mismatch between who lives in our homes and the kinds of homes we’re building. Who really makes up Australia’s households? When most…
Tax isn’t necessarily a bad thing. If you’re paying tax, it means that you are making money (income or capital gains). But of course, there’s no need to pay any more than you legally have to. I discuss our common-sense approach to saving tax below. Minimising risk is often more important than saving on tax…
Australian housing markets are gathering strength as we head further into spring, with September marking the strongest monthly gain for national dwelling values since October 2023. The Cotality Home Value Index (HVI) recorded a 0.8% increase in September, powered by robust growth conditions across the capital cities, where values rose 0.9% over the month. On…
After cutting interest rates by 75 basis points since February, the RBA has chosen the cautious path at the September board meeting, keeping the cash rate at 3.6%. The decision was widely expected, after the monthly inflation indicator hinted at some ‘upside’ risk to the inflation trajectory, especially from housing costs. However, the RBA is…
Australia’s housing market is at a crossroads. For first-home buyers, the dream of ownership has never felt further away – with deposits taking more than 8 years to save and mortgage repayments eating up over half of disposable incomes. Yet, at the same time, buyer demand is powering ahead, clearance rates are hitting multi-year highs,…
Lower interest rates continue to fuel capital city housing markets, with price growth for both houses and units accelerating again over September. The national capital city median house price increased by 1.1% over the September quarter to $1,232,063 compared to the August quarter, according to the latest data from My Housing Market. The September result…
For generations, owning a home has been a deeply personal milestone in Australia: the great Australian dream. But today, we’re seeing a new twist on that dream, particularly among Gen Z homeowners. For them, property isn’t just about shelter or status. It’s about opportunity. A recent Great Southern Bank report reveals that younger Australians are…
In today’s evolving property market, where investors can no longer rely solely on strong capital growth, many are exploring property development as a way to manufacture equity and accelerate their wealth-building journey. One of the most-read articles on our site remains How to Get Started in Property Development, and for good reason. It’s an exciting,…
Did you feel a little wealthier lately? Maybe not in your day-to-day spending money, but according to the Australian Bureau of Statistics, you actually are. In fact, Aussie household wealth jumped by 2.7% in just three months – that’s close to half a trillion dollars added to our collective balance sheets. And as always, much…
The government wants to build 1.2 million new homes by 2029. That’s ambitious. It sounds impressive. And frankly, it’s what we need – at least 240,000 new dwellings per year to bring our housing market back into balance. Valuers Charter Keck Cramer have broken down these figures to a state and territory level to understand…