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Latest posts
Australia’s richest and poorest postcodes revealed

Want to know where Australia’s richest people live? New data from the Australian Taxation Office (ATO) has revealed where Australia’s highest-paid professionals live, with Perth taking the crown as home to the country’s most affluent people after a surge in income over the 2019-20 tax year. Cottesloe and Peppermint Grove in Western Australia’s 6011 postcodes…

Look who’s getting rich through property

The average Aussie homeowner is getting older and wealthier, the OECD’s latest report on housing and taxation shows. “High-income households hold a disproportionate share of housing debt, although lower-income households with mortgages generally face higher relative debt burdens,” the report says. The figures show a wealth gap where home ownership is dominated by the top…

8 little white lies real estate agents tell

As a property strategist, I’ve dealt with my fair share of real estate agents, and I’ve found most of them follow a very professional code of conduct, however, a few agents can and do adopt certain ways of doing things and speaking with potential buyers to push a teetering sale across the line. I’ve heard…

11 ways sellers try to hide serious structural defects

Want to discover the tricks some sellers use when marketing a flawed property and learn the simple detection methods that expose their sneaky cover-ups? Well…before listing a property for sale, it’s not unusual for a seller to give the home a fresh coat of paint, maybe rearrange the furniture, lay down a nice rug and…

Adelaide housing market update [video] | August 2022

Adelaide remains one of the few capital cities where housing values are still rising, despite higher interest rates and a recent history of surging values. Dwelling values have increased by almost 45% through the growth cycle to date, adding approximately $201,000 to the value of an Adelaide dwelling. Although the market remains in positive territory,…

Foreign investor crackdown: Australia pulls back the welcome mat

Foreign investors have been largely shut out of Australia’s property market over the past few years as Australia’s physical border closure kept international arrivals at a bare minimum. In 2021, foreign investment in Australian residential real estate fell to its lowest level in more than 15 years, according to the Foreign Investment Review Board’s annual…

Perth housing market update [video] | August 2022

Perth housing values were up 0.2% in July, marking Perth as one of the only capital cities to record an increase over the month. Perth housing values remain at record highs, having risen by 25.9% through the growth cycle to date. Although values are still rising, the pace of growth has noticeably eased since interest…

This weekend’s auction clearance results Saturday August 13th – Sydney & Melbourne auction clearance rates surge

This weekend’s auction markets produced divergent results with most markets recording the highest clearance rates for months, however Brisbane and Canberra auction clearance rates tanked. 1335 properties were listed for auction, a few more than last weekend’s 1243 but, not surprisingly, this was well below the 1,551 auctions held on the  same weekend last year….

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