The nation’s biggest home lender, Commonwealth Bank (CBA) has upgraded its house price forecasts aligning with the optimistic outlook shared by the other big banks. Only a few months ago in May, the CBA revised its original forecast that home values would fall 6 per cent this year, instead suggesting that prices will gain 3…
Deciding to enter the real estate market at a young age is a bold decision. To get the most out of your property investments and to lessen the associated risks I’ve been running a series of articles over the last few days based on an interview I had with finder.com.au regarding investing in property at a young age. …
Our housing markets experience ups and downs don’t they? Although home prices experienced a dip in 2022, it was nothing compared to the surge experienced during the pandemic when interest rates hit record lows. Looking back over a longer period of 10 years, it is clear that almost all suburbs have experienced price growth, with…
One of the arguments frequently used to denounce the overseas economists who come here warning that our property markets are going to crash, is that our real estate markets are different to America. So what’s the difference between mortgages in Australia and the USA? Aside from different terminology and product types, there are some unique…
Is assessing Demographics an integral part of the way you build your property portfolio? If not you could be missing the key to building long-term wealth without significant risk. Understanding demographics could and should be the final piece of the puzzle for you during the decision-making process. It is certainly something we monitor at Metropole…
Australia’s property downturn is now over, and while prices are slowly rising we’re not going to experience a property boom with soaring prices any time soon, which means there are more property investors than ever looking at ways to actively increase the value of their property portfolio. Any wise investor knows that sitting on your…
You often hear about buyers being gazumped or struggling to get the right information from the real estate agent to even be able to submit an offer. And how about the sellers who don’t even trust their own real estate agent enough to take their advice? These stories, and the many other grey areas surrounding real…
Rent values rose for the 35th consecutive month nationally in July. However, monthly rent growth has eased over the past four months. In regional Australia, rent value growth has been slowing since April last year, and rents are close to flattening out (albeit at high levels). Slowing rent growth is expected to be one of…
Now that home loan interest rates have risen by 4% this cycle, is it still worth investing your surplus cash flow, or should all cash flow go towards repaying your home loan? Many of my clients invest some surplus cash flow in the share market each month. This has been very easy to do over…
We know we’re in the middle of a rental crisis. According to PropTrack, national rental vacancy rates – the share of rental properties that are available for rent – inched down 0.04 percentage points to 1.43% in July. In fact, vacancy rates have halved since the pandemic as rental demand has increased. This severe shortage…
