Not that long ago, Australia was in the midst of the fastest drop in housing values on record, as rapidly increasing interest rates caused capital city values to plunge more than 9% in the space of about 10 months. That’s all changed since hitting a low in February, with three consecutive months of positive growth…
Australia’s population growth is booming, with a record high net overseas migration intake and a stable natural increase. We reached a remarkable milestone, as of September 30, 2022, it was now home to 26,124,814 people. The problem is the national population data gets published with about a six-month delay, but you can get more updated…
This is a tale of two visionaries that holds a message for property investors because one of them was totally right and the other was completely wrong. The first visionary was Henry Hellyer, who was employed by the Van Diemen’s Land Company in the early 1800s to find suitable sheep farming land in their recently…
There are many good reasons to own the roof over your head, but there are some tradeoffs as well. With the added control comes a laundry list of responsibilities. The stability of staying put often means a loss of flexibility and with the opportunity to build equity comes some financial responsibilities. So let’s look at…
Property investors are always looking for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can find potential boom areas before the growth starts. One well-tested way to do this is to find links between cause and effect, which is a process called correlation….
No place in Australia faces a brighter future than southeast Queensland, with the potential to secure much-needed infrastructure due to the Olympic Games. This catalyst event can bring infrastructure spending from the future into the present, creating opportunities for growth and development. However, it’s crucial that the region seizes this once-in-a-lifetime opportunity without squandering it….
Homeowners in Sydney, Australia, are holding onto their properties longer than ever. Data from CoreLogic reveals that the median hold period for houses across greater Sydney has doubled from 5.3 years in December 2002 to 10 years in December 2022. For units, the median hold period increased from 4.3 years to 8.3 years over the…
A surge in overseas migrants and international students coupled with a significant shortfall in rental listings has led to the strongest annual rental increase on record for Australia’s capitals. CoreLogic’s national dwelling rental index recorded an increase of 0.8% for April, up 2.8% over the past three months and 10.1% higher for the year. The…
We know there is a rental crisis around Australia at present, and there doesn’t seem to be any easy answers to resolve it. In a national survey by Rent.com.au, over half (55%) of Australian renters express a sense of neglect from the 2023-24 Federal budget, indicating that their concerns have not been adequately addressed. Additionally,…
Do you have pets? Well, you might want to take note of these suburbs that have the highest “no pet policy” ratings, as revealed by a new study. According to this recent study by Suburbtrends, certain suburbs in Australia are particularly challenging for renters with pets to secure rental properties. The study examined rental listings…
