The NAB has changed its rate cut forecast from February 2025 to May 2025. This comes after the latest unemployment rate came in steady at 4.1% for October. Even though this was widely expected, it does challenge the RBA’s forecast track of the unemployment rate increasing to 4.3% in Q4 2024. The NAB believes that…
Here are three acronyms you should know to better understand what tenants want. SOAP SOAP has been around for some time, and it is somewhat heartening to see that this old faithful still features high on the rental market’s want list. S = Storage 0 = Outdoor living space A = Air conditioning P = Parking (off street) PIES…
Using a buyer’s agent for an investment property purchase is becoming more and more common by the day. That’s because savvy investors understand that it pays to work with experts to secure the very best investment-grade properties. However, using a buyer’s agent to buy your home is not so well understood. That’s mainly because many…
Perhaps you want to invest in Melbourne’s property market but don’t know where to start. Or maybe you’re wondering what the best Melbourne suburbs to invest in are for 2025. Let me talk you through it. While over the last four decades, Melbourne has been Australia’s strongest-performing housing market, over the last couple of years…
In this episode, we discuss the findings of the 2024 Property Investment Professionals Association Annual Investor Sentiment Survey with Nicola McDougall. We explore the current trends in property investment, the challenges investors face due to rising costs and government policies, and the overall sentiment in the market. The conversation highlights the importance of understanding investor…
In the current property market, where interest rates are relatively high and borrowing capacity is reduced across the board, the last thing you want to do is shave any more off of your borrowing power. After all, even as an investor, the last thing you want to hold you back from securing an additional asset…
We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
Western Australia (WA) continues to lead growth in owner-occupier loans, while Queensland (QLD) has become the second-largest market for investor loans, surpassing Victoria. Money.com.au’s latest Mortgage Insights report highlighted some interesting trends that reflect shifting buyer preferences, tax advantages, and affordability considerations across different states. National loan growth insights The average new loan size in…
If you are contemplating investing in property, should you buy now or wait? What if prices fall? Maybe you would be better off waiting? As my analysis below reveals, buying for less than market value or at the bottom of the market (i.e. buying well), has very little impact. The price we pay for a property…
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of being defeated, I learned from each error and moved forward a little bit wiser. If…