The Australian Census is coming. It will be on Tuesday 10th August. That’s the only prediction I am likely to get 100% right. What are some of the key themes that might be revealed by a Census taken in the midst of a pandemic? I have one prediction which might sound counterintuitive. If I am right,…
The number of Australians looking to sell their property is rising, especially in some particular suburbs, according to the latest Westpac research. The report found there is an uptick in the amount of Australians thinking about selling their home with four in ten (39%) homeowners planning to list in the next five years, an increase…
The closing of our national borders to overseas arrivals is impacting population growth in some States and Territories but is also causing cash flow booms for property investors in others. It’s understandable that much of the focus on international border closures caused by the pandemic has been negative because lower population growth ultimately means less…
Do you remember the mining town stories of the late 2000s? The 2000s were dominated by one of the biggest mining booms in Australian history – the biggest since the ‘gold rush’ of the mid-1800s. It began in around 2003 when prices for commodities like iron ore and coal began rising and lead to significant…
Buyers are flocking to a wide range of properties across the country — from standalone houses to duplexes and even blocks of land in suburban or lifestyle locations — as Australia’s property market continues to heat up. And many auctions are drawing in dozens of bidders all desperate to secure a piece of real estate….
As the delta variant of COVID-19 has spread in Australia, Greater Sydney will soon enter the third week of lockdown. With a low vaccination rate and slow vaccine distribution, temporary, pandemic-induced lockdowns may continue to be a norm for Australians through 2021. This note highlights trends that emerged from the housing market amid COVID-19- induced…
Foreign buyer interest in Australian property has surged during the global pandemic, taking it to the highest level seen in 3 years, and it’s no longer China taking the title as the biggest investor. There was $17.1 billion worth of foreign residential real estate investment in the 12 months to June last year, which was…
Australia’s property markets are booming, yet it’s more important than ever to make sure you’re making the right investment decisions. Maybe that’s why I’m continually being asked questions like: What’s the right property for this stage of the property cycle? Is this the right or wrong time to invest in property? Is it too late…
Our property markets are booming around Australia so it doesn’t surprise me that people are complaining housing is unaffordable. Only this week Corelogic reported that the strong growth in dwelling values was led by houses, which rose 15.6% over the last year, compared to a 6.8% lift in unit values. So is housing really unaffordable?…
What information do you analyse when you decide to invest your hard-earned money in property? I know firsthand just how much information and data there is out there to try and get your head around. It can easily lead to a serious case of analysis paralysis. Adding to that, you will soon find that almost…