In this blog, I’ll be talking about the housing market on a national scale, and there are two charts as part of this missive and two tables. First, supply and demand drive real estate. And you can see from our first chart that the number of dwelling sales – that is, the demand side of…
Sydney has once again cemented its status as a global leader in luxury real estate, with its prime rental market topping the charts for growth in 2024. This remarkable achievement places Sydney at the forefront of the world’s most coveted cities for high-end tenants, surpassing even heavyweights like New York, London, and Hong Kong. But…
There’s a good deal of misconception about building wealth through property. Along my journey, I’ve heard all sorts of reasons why people “just can’t” invest. The most common ones are: I don’t have enough money to buy property The market is too unreliable for property to be a safe investment any more. It takes several…
Property investors in Victoria will soon need to meet minimum heating and cooling standards under new proposed minimum standards. The state government has begun the consultation process to expand rental standards, which includes requirements for ceiling insulation, draught proofing, hot water efficiency and cooling necessities. The proposed changes to Victoria’s minimum rental standards were open…
The aroma, the taste, the energy hit: some people describe coffee as food for the soul. But did you know the Australian obsession with coffee history began during World War II when Italian and Greek immigrants started to bring coffee machines to Australia? It changed the way coffee was consumed and its popularity in the inner-city over…
The property market is currently facing a challenging landscape with high interest rates and elevated dwelling prices, making it increasingly difficult for many to enter the market. With rising home loan rates, buyers’ borrowing power has diminished, leading to heightened demand and faster growth rates for more affordable properties. The latest PropTrack data confirms this…
To find out the answer we undertook a study to help provide us with some guidelines and found that certain types of views added a different value to a property. Our work identified the different views available and then we looked at how much they can increase a dwelling’s value. Our investigation was also based…
The housing value league tables have evolved significantly over recent years. At the onset of COVID in March 2020, Sydney had the highest median dwelling value, followed by Melbourne, the ACT and Brisbane. Perth was ranked 7th in terms of median dwelling value, after Darwin with the lowest median, followed by Adelaide. Fast forward to…
There’s no doubt that good tenants are worth their weight in gold. So, it goes without saying that finding a property already occupied by a dependable, trustworthy tenant is something of a boon for property investors. Immediate rental income… no upfront agent fees… confidence in the reliability of the occupant… it’s an investor’s dream! If…
When it comes to property investment in Australia, there’s no shortage of information available about how budding investors can ensure success. And while learning how to invest in property is vital for all newcomers, understanding the pitfalls to avoid should also be a priority from day one. As we have seen over the last few…