Australia’s property market is suffering a supply shortage, with high-interest rates and tighter rules seeing many property investors succumbing to fear-mongering and selling up… but it hasn’t dampened the property portfolios of our federal politicians. The 2021 Census data shows that 86% of federal politicians own at least one residential property with most owning an…
Inflation continues to decline The ABS released the latest monthly inflation figures, which dropped from 5.4 per cent in June to 4.9 per cent in July. This is of course now a long way down from the peak of 8.4 per cent in December as supply chains and the labour supply normalise. The most significant…
We are in the midst of a generational landmark, as Australia’s “Digital Integrators” (Generation Z) begin to enter the workforce and Generation Alpha move through their schooling years. Below we provide an explanation of each of these generations and some interesting facts about them. Generation Z The students of our world today who are currently…
Are your renters hiding something from you? Well, according to Finder’s new research, many Aussie renters admit to being less than truthful with their landlords. The survey with 810 renters revealed a quarter (26%) have hidden parts of their lives from their landlord or real estate agent – equivalent to 754,000 people. Have you ever…
The fixed-rate cliff, a term that has become colloquially known in the Australian financial landscape, is a subject that’s been garnering attention lately. With over $100 billion in fixed-rate mortgages set to expire by the end of the year, it’s time to delve into what lies on the other side of this cliff. The Fixed-Rate…
Aussies who decide to sell off-market get up to $60,000 less for their property, with some states and areas taking the biggest hit to returns. On average, houses sell for 4.3% less off-market nationally while units sell for 1.2% less, a recent PropTrack analysis revealed, which uses the average price difference between off-market property sales…
Despite regional housing values rising for the past five months, a new analysis of year-on-year performance shows many markets are still reeling from high interest rates and a shift in migration patterns back to pre-COVID levels. CoreLogic’s quarterly Regional Market Update, which examines Australia’s 25 largest non-capital city regions, shows 18 areas recorded an annual…
People seem to think there is a high risk of animals causing damage in rentals – a key reason landlords say ‘no’ to pets. However, the truth is, more damage is caused by a human than a pet. And, with laws changing across Australia to allow for more open and honest communication about renting with…
The perfect storm of skyrocketing living costs, stagnant wages, and rising house prices has made the Great Australian Dream feel more like a mirage for many. What’s a would-be homeowner to do? Enter rent-to-own (sometimes called a rent-to-buy) home schemes, a rather nifty alternative that is popular overseas has been starting to gather some momentum…
The number of distressed sales – where sellers put their homes on the market because they can’t afford mortgage repayments – is falling around the country, even despite worsening inflation and interest rate pressures. A new Domain report shows that the number of distressed listings has declined in each capital city between January 2021 and…
