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In Australia, homeownership has long been a marker of success—a milestone that signified stability, adulthood, and financial security. But in recent years, we’ve seen younger generations delaying the purchase of their first home, and in some cases, forgoing it altogether. While it’s tempting to point the finger at affordability issues alone, there’s a deeper story…
![[Podcast] Forget Median Prices! Discover the Real Way to Gauge Housing Affordability with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/10/MY-Podcast-614-Demographics_decoded-with_Simon_Kuestenmacher-270x200.jpg)
Today we’re going to talk about why medium prices may not be the best gauge for housing costs. Now, if you’re like most property investors or people interested in property, apart from auction results, medium prices are probably the most quoted statistic, but maybe they’re not the right way for you to judge how our…
Brisbane’s property market is gearing up for an exciting year ahead, and savvy investors have plenty of opportunities to tap into its potential. With infrastructure projects ramping up, interstate migration fuelling demand and lifestyle trends shifting, it’s crucial to pinpoint the types of residential properties and suburbs poised for growth. Here’s a detailed look at…
In Australia, the dream of homeownership has become increasingly elusive. With skyrocketing property prices, the affordability crisis is a topic on everyone’s lips. Politicians, media outlets, and everyday Australians frequently keep debating how to make housing more affordable. But is it really as simple as some suggest? Now, before you think I’m a rich property…
Are you wondering what will happen to the Melbourne property market for the rest of 2024 and into 2025? Over the last four decades Melbourne has been Australia’s strongest performing housing market ; however, over the last couple of years it has underperformed. In fact, over the last 12 months dwelling prices have been basically…
Are you wondering what’s ahead for the Sydney property market in 2025? Well…Sydney’s home values have continued to increase throughout this year, although the pace of growth is slowing. The surge in properties for sale in Sydney hasn’t yet slowed demand, with prices rising 0.2% in September and 4.5% over the past year. Both buyer…
Are you wondering what’s ahead for the Brisbane property market for the rest of 2024? Brisbane continues to be one of Australia’s strongest capital city housing markets and is likely to remain so throughout 2024, with dwelling values continuing to go from strength to strength. Brisbane’s housing market skyrocketed over the last few years with…
There’s an easy way to save the government up to $20 billion annually. Just slug greedy, rich property investors by reforming negative gearing and capital gains tax and it won’t increase rents for tenants or hurt mum and dad investors a bit. Really?? Nothing new about this…negative gearing has been a hot topic in Australia…
Remember when the headlines were filled with predictions of an imminent recession in Australia? Economists and commentators were almost unanimous in their gloomy forecasts: with interest rates rising sharply, the economy was expected to stall, and unemployment was projected to climb. Many of these predictions made sense—higher interest rates typically slow consumer spending, and in…
Victoria’s property market is undergoing significant changes aimed at stimulating buyer interest and addressing the housing supply shortfall. The Victorian government has introduced a temporary stamp duty concession for off-the-plan properties, effective October 21, 2024. The concession runs for a year and targets the state’s property market challenges. By reducing upfront costs, the Victorian government…
