National home prices reached a new peak in November following 23 consecutive months of growth, however despite growth remaining positive, momentum has slowed, according to the latest PropTrack Home Price Index. Ms Eleanor Creagh, Senior Economist at PropTrack explained: “Although price growth has slowed, prices lifted 0.15% in November and the national median home value hit $800,000…
Over the last few years two friends, both “high performing” salespeople, who expressed a burning desire to succeed in life and in their careers, quit their jobs. Things got too tough and they gave up. Couldn’t hack it anymore! I’ve seen much the same happen to property investors when the economy or the markets put…
CoreLogic’s national Home Value Index (HVI) rose by just 0.1% in the last month of spring, the weakest Australia- wide result since January 2023. This marks the 22nd straight month of growth, but it could be close to the last in this cycle. The downturn is gathering momentum in Melbourne and Sydney. Meanwhile, the mid-sized capitals,…
Are Australian mortgage holders finally catching a break? New data from Roy Morgan hints at a turning point in the battle against mortgage stress. In October 2024, the proportion of Australian mortgage holders identified as ‘At Risk’ of mortgage stress dropped to 28.3%. This marks the third consecutive monthly decline and represents a 1.2 percentage…
Yes, it’s Monday morning again – the beginning of another week. We all know money isn’t the most important thing in the world, but without it, life sure is that little bit harder. So here are 10 smart sayings about money to inspire you: 1. When everyone rushes to one side of the boat, head…
While property investing may be simple, it’s not easy and that’s not a play on words, because many investors end up paying a huge “learning fee” or “Stupid Tax” as I like to call it. A fee that they didn’t expect to pay. That’s because choosing the right investment property comes down to much more…
Having finally stared down Greens resistance in the final sitting week of the year, the Albanese government looks set to tick off the last of its 2022 housing commitments in need of parliamentary approval. Like most of Labor’s other housing measures, the Help to Buy and Build to Rent tax reform initiatives are rather narrowly…
Should you drink coffee before going to bed? I occasionally do and I thought it didn’t affect me. But I’m not sure after reading research that suggests that when consumed a few hours before bed, the most widely consumed psychoactive drug in the world seems to disrupt the body’s internal clock which sets biological rhythms such as…
National home prices have continued to rise over November with 2024 clearly set to produce another positive year for capital city housing markets generally. The national capital city median house price increased by 0.6% to $1,163,921 over the November quarter compared to the October quarter results, according to the latest data from My Housing Market….
While the spotlight often shines on Millennials and Baby Boomers, there’s a generation that’s been quietly yet steadily shaping the direction of Australia—Generation X. Often described as the “forgotten middle child” of generations, Gen X, born between 1964 and 1981, is making a profound impact across politics, business, and society. Despite their smaller numbers, this…