There’s lots of talk about mortgage stress and the risk of loan defaults, but a recent study showed that certain outer suburbs are twice as likely to have loan arrears. Homeowners in Sydney’s southwest, Perth’s northwest, and Melbourne’s northwest suburbs are the most financially stressed across the country, with the highest number of households at…
In the wake of Australia’s ongoing rental housing affordability crisis, policymakers have mooted a series of interventions, including a freeze on rents and various forms of rent controls. Of course, we know that one political party particularly of a particular colour is pushing for rental freezes. While this might seem attractive solutions to the immediate…
I’m sure you’ve heard of the “fixed rate cliff” – a term used to describe the expiry of a significantly larger than average number of fixed-term loan facilities, which were secured between mid-2020 and mid-2022. CoreLogic published a note outlining what we knew about the so-called ‘fixed-rate cliff’ in February this year. It was a forward…
There is a dire shortage of rental properties around Australia, meaning we have historically low vacancy rates and skyrocketing rents. The rental landscape in Australia is experiencing unprecedented challenges, but in a recent article in The Australian, Robert Gottliebsen offered four radical ideas to solve our rental crisis. Gottliebsen explained that an intricate weave of…
Like baking a soufflé, successful property investing requires three important elements: a well-proven recipe, good ingredients and technique. Successful property investors know only too well that shortcuts or lack of research are sure to cause financial distress. They also know that given the level of expertise and knowledge required to make the right decision it…
In recent months, the issue of rent control in Australia has been at the centre of intense scrutiny. The Victorian Government has sparked debate across the nation by indicating that it is considering both restricting the range of a rental increase and limiting rent increases to once every two years. The implications of these moves…
A policy that caps residential rents was always going to get headlines for politicians. Any suggestion to keep the cost-of-living down – now, will sound like a good idea in the current environment. But according to the REIV rent freezes and caps are a naive view of the wider economy. And I agree. Rising rents…
In this article, I talk about the current state of Australia’s housing market, examining past and projected population growth, housing demand, and the supply of new dwellings. Four tables provide a comprehensive overview of the data, shedding light on the significant challenges and imbalances within the housing sector. Population growth and projections Annual population growth…
As a completely independent advisor, I have no vested interest in how my clients invest. Whether they invest in property, shares, or any other asset class makes no difference to my life. Of course, I want them to invest in assets that are most appropriate for them and assets that provide the highest returns without…
Global markets are actively exploring how to repurpose now empty office buildings, as the post covid impacts of work-from-home and distributed employment take their rising toll. Typically, it is the older-style office buildings that are most affected. Owners of premium office property compete more aggressively for premium, large-scale tenants who still want the high-performance CBD…
