A long-term lease, reliable tenants, a consistent income, and a property that is fully repainted and recarpeted at the conclusion of the agreement… It sounds like a dream investment – doesn’t it? Investing in a Defence Housing Australia (DHA) property can seem like an attractive prospect – at first glance. This government-backed scheme provides housing…
With ‘options to renew’ and ‘three by three leases’, it sometimes seems like commercial landlords have to speak a whole other language. But the lingo isn’t really that hard to translate. Getting a commercial lease agreement right from the beginning is crucial for both lessees and lessors because rent returns have the potential to make…
An ongoing shortage of rental homes across Melbourne continues to place upwards pressure on rents that is seeing some areas of the city record annual price growth. Although current Covid-19 restrictions may act to reduce demand for rentals in the shorter term, the easing of restrictions and re-opening of borders will return markets to their…
Wages growth remains subdued which adds further to the likelihood that interest rates will not increase until 2024 at the very earliest, as predicted by the RBA. The ABS reports that the Wage Index increased by just 0.4% over the June quarter which was well below the 0.6% reported over the previous two quarters. Although…
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne, and NSW. More recently, major centres across the Northern Territory have been plunged into a snap lockdown. In the decade prior to COVID-19, sales and listings volumes would typically rise from September to…
Are you one of the many people turning to a buyer’s agent for an edge in the current property market? With Fear Of Missing Out creeping in, many buyers are choosing not to get mad but to get even and are turning to a professional for help. They want to engage someone to work for…
It’s been a tumultuous year for Australia’s property market. The coronavirus pandemic has caused economic uncertainty, yet a surge in demand and skyrocketing prices for properties in certain locations. While international borders remain closed, the shape of the nation within Australia is changing at a fast pace never seen before in our market. Regional Australia…
The current environment seems to be one of extreme uncertainty. We have seen a strong economic recovery from last year’s global and Australian recessions – but there are worries about the resurgence of coronavirus driven by the Delta variant, peak growth, peak monetary and fiscal stimulus, high inflation, and high debt levels. And ‘get rich…
Westpac have revised their outlook for the outlook for dwelling values for the balance of this property cycle. Back in February Westpac was one of the first of the banks to do an about face an at that time boldly predicted a 20% increase in values over 2021 and 2022. Since then all the other…
Since the onset of COVID-19, a prominent trend across the Australian dwelling market has been the high demand for detached houses. This is reflected in price changes of houses and units since March last year, as stage 2 restrictions rolled out across the nation. In the past 16 months, capital city house values rose 14.2%….
