What can we really expect from our property markets in 2022? While have seen some wild predictions being thrown around in media headlines, the reality may be different from what you expect. Following a year where house prices had their largest annual rise in 30 years1 (21%) amid all the challenges of a global pandemic,…
We are moving into the next stage of the property cycle. After just over a year of very strong property price growth, where the value of many properties around Australia increased by more than 20%, our real estate markets are now facing some headwinds. Affordability is starting to price some buyers out of the market…
It’s so important to set up the right structure for your property investments at the beginning of the deal. If you don’t, you could needlessly cost yourself thousands (or even hundreds of thousands) of dollars in lost profits. My friend is in the very fortunate position of owning his property outright. The problem? It’s an…
We could all do with more cash in our pockets, right? I mean, who would not want an extra $10,000 or $20,000 every year. While this may be beneficial, even after tax, ask yourself… would it change your life? I would highly doubt it, but I do feel it is the reason many investors chose…
It has been a turbulent couple of years for the investment property industry and the trend is likely to continue in 2022. While some things change, one thing remains clear – landlord insurance is a wise investment. If COVID-19 has taught us anything, it’s that the rental world can change quickly and it is easy…
It is stating the obvious to say that goal setting is important. The fact is, if you aim at nothing, often that is exactly what you will achieve; nothing! Each year my wife and I set personal, relationship, business, and financial goals. We almost always achieve all the goals we set for ourselves each year….
In one of his regular Switzer columns leading estate agent John McGrath gave his thoughts on the increasing number of Australians investing in real estate. He said: Investing in property is an increasing trend and it’s great to see. Fantastic stuff. Here’s the flipside If 1.31 million people own an investment property today, that means only…
Australian housing values grew 22.1% last year and the market is showing signs this extraordinary rate of growth – not seen since the 1980s – is slowing across most of the capital cities. Yet as the rate of dwelling value appreciation slows, the capital city and broad ‘rest of state’ markets are yet to peak,…
Australia’s real estate resilience continued its reign through the September 2021 quarter, according to the latest CoreLogic Pain & Gain Report. The rate of profit-making resales across Australia rose to 92.4% in the September 2021 quarter, up 0.5% from the June quarter. The three months to September saw the highest level of profitability on resales…
Melbourne house rents jumped by $15 (3.5 per cent) over the quarter to a new record high of $445 a week according to Domain’s latest Rental Report. This is the first quarterly increase since September 2020. Despite the rise, Melbourne remains Australia’s most affordable capital city to rent a house, recording the weakest annual growth…
