I’d like to share how I’ll be investing in 2023. In fact, this is how our team at Metropole will be helping our clients invest in property in 2023. Whether you’re new to the game or you’ve already built a property portfolio you’ll probably benefit from what I’m about to share, because even though each…
Consumer sentiment is the lowest since the GFC Rate hikes have had quite an impact on sentiment. In fact surveys suggest that consumer sentiment is now lower than at the nadir ensuing from the Zombie apocalypse of 2020. It’s the lowest level since the global financial crisis of 2007-2009. Still, financial markets are pricing for…
Thinking of buying an investment property, but you truly don’t know where to start? You’re in good company: many new investors feel overwhelmed and bamboozled by information and research when they’re deciding where to buy. This can unfortunately lead to costly mistakes, so here’s a handy list of five crucial missteps property investors can make…
How long does it take for property values to double? After all, capital growth is one of the main reasons people invest in residential real estate. But it’s not that simple. The problem here is that naive investors believe this myth and buy any old property thinking it will double in value in a decade…
The unique feature of Ponzi schemes is that they use money collected from new investors to pay out existing investors. This means that when the number of new investors starts to fall, they can suddenly crash. But be warned – they exist in our housing markets. Property booms often start with a genuine rise in…
Despite skyrocketing interest rates and continuous price falls over the past year, Australia’s property market has now seen a slight upturn, according the latest PropTrack Home Price Index report. According to the report, in February, national home prices rose by 0.18%, except for Hobart, which experienced a decline. Adelaide, Sydney, and Melbourne saw less than…
Following the one-year anniversary of the East Coast floods, the devastating impact that extreme weather events and climate change can have on people and property cannot be understated. Last year’s weather events, described by some as a ‘rain bomb’ that saturated areas of South East Queensland and coastal NSW saw thousands of properties inundated, displacing…
After experiencing the sharpest downturn in Australia’s housing market history, new research by JP Morgan suggests that the situation could soon turn around. The research shows that house prices, which fell by 9.1% since their peak in May 2022, are expected to stabilize sooner than many are predicting. At the beginning of this month: Dr….
Well, APRA has reaffirmed its stance that a 3% interest rate buffer is necessary to ensure responsible lending practices among banks when assessing home loan applications, including those from new buyers and existing borrowers looking to refinance. This decision has the potential to impede the borrowing capacity of new buyers and create obstacles for existing…
A lot of predictions have been made about our property market. With its highs and lows, many are wondering whether it will ever bounce back. Well, social commentator Bernard Salt recently said at the AltX platform event that property owners and investors should feel optimistic about the future of property in Australia. And here are…
