Melbourne’s property market is heating up, with many commentators, believing it’s the right time to get in at the early stage of the next phase of the property cycle. But before you dive in, it is important to understand the two-speed phenomenon that could cool off your investment plans faster than you think. Now, I…
Australia’s headline inflation rate held steady at a four-year low of 2.4% in the March quarter, according to official data, adding to the case for a cut in interest rates at the next Reserve Bank board meeting in May. A key measure of underlying inflation closely watched by the RBA fell to 2.9%, returning to…
Interested in knowing how others became successful? Then why not ask successful people what they’d wished they’d been told when they were younger. That’s exactly what I did with these seven successful property professionals and here’s what they said. Brett Warren – National Director Property – Metropole 1. Invest in yourself first Your best investment…
Are we about to make it even harder for Australians to own a home? Just when you thought the path to homeownership couldn’t get any tougher, a new proposal from the Greens Party threatens to push that dream even further out of reach for many Australians. In a recent proposal, Adam Bandt, leader of the…
One of the most notorious land scams ever experienced in Australia took place on Russell Island, which is located in southern Moreton Bay and is just a short trip by ferry from the city centre. Even though it is technically part of Greater Brisbane, the island was largely uninhabited when some enterprising property developers bought…
While parts of Australia’s property market have faced affordability pressures and fluctuating demand, the luxury segment is defying gravity. According to NAB’s recent report (Luxury Property Continuing to Outperform the Wider Market), high-end real estate has been one of the strongest-performing segments, showing resilience even as higher interest rates have cooled the broader market. Why…
Have you ever caught yourself wondering why the property market seems to be either skyrocketing or plummeting? It feels like everyone’s either raving about booms or fretting over busts, right? Well, here’s the less dramatic truth: most of the time, the property market isn’t doing much at all; it’s just quietly ticking along. But don’t…
After a turbulent few years in the Australian property market, we’re now seeing a consistent pattern emerge—price growth has continued for the third month in a row. According to Ray White’s Chief Economist, Nerida Conisbee, property prices will continue to increase. She explains: “The biggest driver of this price growth continues to be a lack…
If you’ve been watching Melbourne’s property market closely, you’ll know it’s been a two-speed market in recent years. While established houses in gentrified inner- and middle-ring suburbs have pulled ahead, many apartments have been stuck in reverse gear. But something’s shifting. However, new PropTrack data reveals there are still 13 Melbourne suburbs where apartment prices remain…
For mine, the Australian housing market is about to boom. Why? I think we are heading towards a bout of stagflation. Job creation is about to tank and, whilst inflation will rise and remain above the RBA target range for some time to come, interest rates will fall. My modelling suggests that every time mortgage…
