In Australia, Millennials born between 1981 and 1996, are shaping the housing landscape with their unique preferences. Today this cohort is between 28 and 43 years of age. There are over 5.84 million Millennials in Australia, and this generation is expected to grow by 108,250 people per annum over the next five years. If this…
In a blog I wrote back in late 2018, I introduced the term liveinvesting. It’s inspired by the concept of rentvesting, where you rent a home in your desired location while investing in property elsewhere. Considering that property prices in certain capital cities like Melbourne are currently more affordable relative to other locations, it’s a good time to…
Soaring prices, very low rental vacancy rates and a lack of affordable housing continue to put a strain on Australia’s rental markets and keep us in a rental crisis situation. While rental price growth has slowed, monthly and annual increases continue to push affordability to its peak. Meanwhile, there is still growing concern that the…
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…
If you’re apprehensive at the thought of borrowing six-figures (or more) to invest in property, you’re not alone. Here are six of the most common fears that trick people into not investing – and how to move past them.
After rocketing 39% higher between August 2020 and June 2024, CoreLogic’s national rental index has flatlined over the past two months, demonstrating the weakest rental market conditions since the early phases of the pandemic when rents briefly trended lower. For some context, the same period of time prior to the pandemic saw rents rise by…
New data from CoreLogic indicates 2021 is the most common year in which homes were last purchased, and roughly one in five Australian homes were purchased in the past five years. A snapshot of when Australian housing stock was last bought over time is presented in Figure 1 below. Unlike an annual turnover rate, which…
For many young Australians, the dream of homeownership has felt increasingly out of reach. Gen Z, in particular, has been facing a perfect storm of rising property prices, stagnant wage growth, and increasing living costs. It’s no wonder their outlook on entering the property market has been less than optimistic. But leading demographer Simon Kuestenmacher…
Success means different things to different people, but there are timeless truths about what it takes to get to the top. And I’m not just talking about property today but about all elements of your life. One of the most successful books of all time about success is “Think and Grow Rich” which was written…
For the first time since the Reserve Bank of Australia (RBA) began hiking interest rates in May 2022, markets are now pricing in the possibility of four interest rate cuts within the next 12 months. It’s a welcome prediction for many homeowners who have been feeling the financial squeeze after a series of aggressive rate…
