Over the last ten years, changes in Australia may have seemed gradual, but they’re shaping the nation our children will inherit. Recently Australia’s leading demographer, Simon Kuestenmacher, wrote a series of articles for The New Daily delving into what these shifts mean for our future. So let’s look at some of his thoughts… The Millenial…
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What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates really peaked now and when will they start coming down or will the RBA raise rates again in 2024? Will affordability issues cause a round of distressed sales and prices to fall or even a property market crash in…
You’d have to be living under a rock not to know that apartments have underperformed houses in the last decade or so, so today I explore the reasons behind this trend, its implications for investors, and what future trends we might anticipate with independent financial advisor, Stuart Wemyss. We also discuss what criteria you should…
What lies ahead for Australia in the next 10 years? Well, Simon Kuestenmacher highlighted a chart that is pivotal when forecasting the next ten years in Australia in his column in the New Daily. Its simplicity belies its significance in understanding our nation’s future housing demands and consumption shifts. It juxtaposed Australia’s current demographic profile…
To help you understand what’s ahead and if our property markets are going to keep rising or going to slow down or even go backward, as some property pessimists are still suggesting, in today’s episode I want to outline the dynamics and the economics of Australia’s property markets and what causes property values to increase…
Despite the challenges of cost-of-living pressures and high-interest rates, property prices just keep rising. This trend is driven by a number of factors, including a chronic shortage of new homes at a time of strong population growth, high building costs, and a tight rental market, all of which boost housing demand. The shortage of new…
Want to know a major influence on our housing markets for the next few decades? Well…. I believe that demographics drives our property markets and understanding the various life stages is critical to becoming a successful property investor. However leading demographer Bernard Salt suggests that it’s all changing! Gone are the days when transitioning into…
Are you wondering what will happen to the Melbourne property market in 2024? Clearly, the Melbourne housing market has not performed as strongly as some other capitals over the last year, but Melbourne’s property values are expected to gain ground as we move through 2024. Melbourne home prices were flat in March, while unit values…
Are you wondering what’s ahead for the Brisbane property market in 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 55.2% price growth…
Are you wondering what’s ahead for the Sydney property market in 2024? Well…Sydney’s home values will continue to increase, although a little more slowly than they did in 2023. The surge in properties for sale in Sydney hasn’t yet slowed demand, with prices rising 0.3% in March and 9.6% over the past year. Both buyer…