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Despite what is now more than 3 months of lockdown in Sydney, and Melbourne still in lockdown number 6 – in fact with more Australians in lockdown than are not – our real estate markets are still in good shape with boomtime auction clearance results over the weekend and rising property values around Australia (see…
The facts are in, the average Australian is getting richer. Australian total household wealth (net worth) rose by a record $735 billion or 5.8% to record a high of $13,433.7 billion in the June quarter. Despite all the challenges Covid has thrown at us wealth is up 19.7% on a year ago – the strongest…
Education influences home buyers and property investors across a broad range of demographics and data shows that it is now influencing property prices in greater Melbourne’s popular education catchments. Education is a long-term consideration and, whether you are planning a family, have children already enrolled in school, or are an investor looking to attract long…
Today I would like to share a memory from when I was still a novice investor. One of my early mentors taught me that the four most dangerous words a property investor could say were… “This time it’s different.” Unfortunately, I ignored his advice in my early days of investing to my detriment, as I…
One thing this latest buzz of investor activity in the property market has demonstrated yet again is that some newcomers to the real estate game still insist on going in blind. These first-timers operate under the assumption that any property makes a good investment and that if things don’t quite pan out, well you can…
We all love our own neighbourhoods, right? We choose to rent or own homes in particular suburbs because it’s close to where we work, it may have an exciting entertainment scene, or perhaps it’s in the right school zone for our children. But does that mean that you should invest in your own backyard, too?…
When you’re already handing over hundreds of thousands of dollars, if not millions, for a property, you’re often motivated to cut down on your expenses. The last thing you want to do is add unnecessary expenses to your list, right? Perhaps… But if you’ve been actively searching for your next investment, then you may have…
Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market over the balance of 2021 and into next year? Well… based on how the market has been performing so far it’s likely that will see high double-digit Melbourne house price growth in 2021,…
Play this important message from Michael Yardney Are you wondering what will happen to the Brisbane property market moving forward? Well… based on how the market has been performing so far it’s likely that will see high double-digit Brisbane house price growth in 2021, with most segments exhibiting strong price appreciation other than the inner…
What’s the outlook for the Australian property markets for the rest of 2021 and beyond? This is a common question people are asking now that our real estate markets are experiencing the challenges of lockdowns. However, despite a sequence of fifteen State or Territory lockdowns so far this year, property prices have been largely unscathed….
