Lower interest rates continue to activate capital city housing markets generally with monthly prices growth for both houses and units accelerating over October. The national capital city median house price surged by 1.6% over the October quarter to $1,253,522 compared to the September quarter, according to the latest data from My Housing Market. The October…
Inflation jumped 1.3% in the September quarter, above economists’ and the Reserve Bank’s own expectations. That is likely to rule out a cut in interest rates next week. The Australian Bureau of Statistics today released the consumer price index (CPI), showing headline inflation was almost double the 0.7% increase recorded in the June quarter. Over…
Are you in your 20s and just starting out, in your 40s and hitting your peak earning years, or in your 50s and wondering how to secure your financial future? No matter where you are in life, your property investment strategy needs to evolve with you. Too many investors treat property as a one-size-fits-all game…
Look up at the gum trees in your backyard and imagine something looking back, not a neighbour, not a cockatoo, but your insurer. Increasingly in Australia, that’s not science fiction. Our insurers are quietly embracing drone technology and aerial imaging to assess properties, spot risks, and in some cases, decide whether you can even get…
For homebuyers and savvy investors alike, the latest insights from Cotality offer a fascinating look into the value of location – especially when it comes to school catchments. In Sydney and Melbourne, families are paying premiums of up to $1.3 million to secure properties inside top public school zones. That might sound steep, but here’s…
Australia’s housing market has kicked into a higher gear, and this time, it’s not just a few cities leading the charge. Across the nation, property values are climbing at a pace we haven’t seen in years, with houses and units both breaking records. According to Dr Nicola Powell, Domain’s Chief of Research and Economics: “Australia’s…
Have you ever felt like the classic Aussie dream – you know, owning your home, maybe a few investment properties, and creating a secure future for your family – is getting harder to reach? You’re not alone. Today, I’m joined by Mark Matson – a renowned American entrepreneur, wealth educator, and author of Experiencing the…
Australia’s housing market just got another warning signal, and it’s one we can’t afford to ignore. While property prices are rising and demand remains strong, new housing approvals are falling sharply, hinting at growing pressure in an already stretched housing system. According to the latest Australian Bureau of Statistics (ABS) figures, total dwelling approvals dropped…
Once a symbol of prestige, a million-dollar price tag is becoming more common as rising values push more Australian suburbs into the seven-figure club. Cotality’s latest Million Dollar Market report analysed 4,844 markets (3,514 houses and 1,330 units) across the country and found that one in three (34.1%) recorded a median house or unit value…
There’s an old fable about Christopher Columbus I’ve always loved. In 1493, fresh off his first voyage to the Americas, Columbus sat at a celebratory dinner with Spanish nobles. But instead of praising his achievement, they downplayed it. “Anyone could have sailed west and found land,” they scoffed. “You just happened to get there first.”…
