Have you ever considered that buying in a strong school catchment will increase the value of your home or investment property substantially faster? I know I have been speaking about it for many years! But being a numbers person to make my decision I had never see it put so clearly – in black and…
We know the property markets are booming around Australia, but I was shocked when I read that we’re buying close to $1billion worth of properties every day. Then I drilled down into the numbers… A record $31 billion of finance flooded into our property markets in April alone! As you can see from the chart…
It is my contention that similar provisions should be available to banks and mortgage brokers. Often, the way you assess an application for a borrower with a net worth of $2,000 compared to a borrower with $20 million will vary. Making this distinction allows lenders to apply a more common-sense approach. However, unfortunately, no such…
High price growth often motivates investors to buy properties in the expectation that the growth will continue or even escalate, so are investors about to jump on board and turn this boom into a price bubble? Although the number of investors in the property market is growing, the percentage of investors buying property is around…
One of the Australian Labor Party’s (ALP) big election promises in the 2019 federal election was to abolish negative gearing. It would be logical to think that the ALP’s shock election loss in 2019 will serve as a warning for policymakers. That is, banning negative gearing is an unpopular policy. However, I would caution investors…
The way we live in Australia has changed. We’re trading backyards for balconies and courtyards and this has resulted in around one in five Australians living in an apartment today – up from one in seven in the 1990’s. According to the Australian Bureau of Statistics of the 10 million dwellings in Australia, around 10%…
What is Adverse possessions or possessory possession? Adverse possession is when a person gains title to a property if they have remained in that same property for a certain amount of time. A person or persons who has occupied the Land for the prescribed amount of time, in certain circumstances can prevent the true owner from reclaiming…
It seems that not a week goes by without reading an article that highlights the sea/tree change phenomenon. The tone of these articles suggests that people are leaving Sydney and Melbourne in such numbers that the streets are devoid of people and life – save the obligatory tumbleweed. Recent ABS data releases on internal migration…
New data from the ABS and APRA have provided updated insights into the housing lending space, which is highly correlated with trends in home prices and sales volumes. Lending for the purchase of property hit record highs through April 2021. However, the concentration of mortgages regarded as ‘higher risk’ remained around average levels through the…
At its core, real estate is about demand and supply. When demand exceeds supply, then values often rise. When supply is greater than demand, values either plateau or fall. The degree of rise or fall often relates to the magnitude of the demand and supply imbalance. I have included six charts this post – three…
