What did 2021 bring to us and what are the most possible scenarios for 2022? These and other questions were raised and answered by Dr. Shane Oliver, Head of Investment Strategy and Economics and Chief Economist, AMP, in his recent Insights. He mentioned 6 things that went wrong in 2021, some positives from last year,…
Inflation has been in the news a lot recently, hasn’t it? And it seems to be scaring some people, particularly younger folk who haven’t experienced rising inflation before and who are currently finding the cost of the petrol to fill their cars and cost of living, in general, is rising. Australia’s current annual inflation rate…
Now that we’ve worked our way through Covid, what can we expect to happen to our property markets over the next decade? That’s a common question I’m being asked by both our clients at Metropole and many media sources now that we’ve experienced a strong year in property, but we’re facing headwinds like APRA’s intervention…
You’ll never believe what’s going to happen to Australia’s property markets. Now I’m not talking about tomorrow, or next month, or next year. Of course that’s the focus of much of the media at present. There is a lot of commentary about what’s going to happen to our property markets in the short-term, or how…
In 2021 we experienced a once-in-a-generation property boom that resulted in almost 400 suburbs joining the million-dollar club around Australia. In other words, their median price was over $1 million Based on CoreLogic data published in The Australian NSW had the biggest representation on the list, totaling 176 locations, with many centred around southwest Sydney…
Many homebuyers are, not surprisingly, happy couples looking to fly the old family nest and establish their own, new residence. Without a second thought, they go through the motions of acquiring a said house in their blissful state of togetherness; often putting both names to the mortgage contract. But there are some important considerations when…
Foreign home buyers spent $6billion in the housing markets of Victoria, NSW and Queensland in the 12 months to the end of June 2020. The latest figures released by the Foreign Investment Review Board show details of residential real estate purchases and sales from July 1, 2019, to June 30, 2020 – when most of…
Virtually all of our major property markets experienced dramatic price rises during 2021, but the rate of growth is now starting to vary across our capital cities. Some housing markets are going into decline, while the rate of growth in others is accelerating. John Lindeman explains why this happens. The recent price growth slowdown in…
The property market’s fastest upswing on record, accompanied by a rapid increase in housing credit and highly elevated sales volumes has significantly supported Australia’s post-pandemic economic recovery. National dwelling values rose 22.2%, comprised of a 25.2% lift across regional Australia and a 21.3% rise in combined capital city dwelling values in the 12 months to…
For my final blog for 2021, I thought it would be interesting to look back to see how various investment asset classes performed. This is important for two reasons. Firstly, it is wise to benchmark your investment returns so that you can assess relative performance. Secondly, it serves as a salient reminder about the cost…
