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Latest posts
We're heading for a housing shortage and higher prices says the RBA
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The property cycle is alive and well. Reserve Bank deputy governor Guy Debelle recently said a shortfall in housing supply was “quite likely” in the foreseeable future and that would trigger a “larger price response” in property values. Dr Debelle said demand for housing would continue to grow and 2020 could be the year construction…

5 things we learn from Gen Y
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Spare a thought for Generation Y. They’re often dismissed by the media as flighty, unwilling to do the hard yards, terrible at taking direction, and shallow. Roughly encompassing those born between 1981 and 1994, Gen Y is viewed as the first of the indulged, channel-surfing generations, chasing instant gratification and wealth through their start-ups and…

Will Melbourne and Sydney property prices really have double digit growth next year?
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ANZ bank has forecast that the Sydney and Melbourne house prices will be growing at more than 12 per cent per annum by the middle of next year. ANZ Economists believe that house prices in aggregate are now picking up solidly. The say that interest rate cuts, easing of finance regulations and taxation certainty have…

What's happening inthe rental markets around Australia? Corelogic Update
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What’s happening in the rental markets around Australia? We know our housing markets are on the move, but that rental markets are very fragmented according to CoreLogics latest quarterly rental market update. Here’s what they found: Key Points National rents were -0.1% lower over the month to September 2019, and down -0.3% on a quarterly…

Average household wealth tops $1 million, but stagnating wages mean income inequality is steady.
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It’s official: the rich are getting richer. Well-off Australians are pulling away from the rest of the nation, with inequality of wealth rising in recent years, according to the Australian Bureau of Statistics ‘s latest Household Income and Wealth Australia 2017-18 report. The figures show that despite average household incomes having stagnated, with virtually no…

This weekend's auction results - Strong clearance rates continue confirming our market strength | Saturday October 19th
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Auction clearance rates around Australia were once again strong this weekend, driven by strong demand at a time of low supply. While some agents called it a Super Saturday of auctions because the number of properties going under the hammer is lifting, the level of good quality stock offered is still much lower that during…