There seem to be so many mixed opinions on what’s ahead. And clearly, there is no shortage of people with opinions on what we should be doing with our lives, be it in savings, spending, or investing. However, over the years I’ve learned a lesson that I return to and that I recommend you bear…
In May this year, the median house value across Brisbane surpassed $1 million for the first time on record – pushing the city into the exclusive million- dollar club alongside Sydney. The median house value hit $1,006,000 in May, up from $996,000 in the previous month and $942,000 a year prior. In June, house values…
Have you ever wondered what leads to the ups and downs of our property cycle? Well…when we delve into the realm of investment markets, we’re navigating a sea guided not just by numbers and data, but largely by human psychology. And yes, those ever-oscillating curves of booms and downturns that shape our financial landscape are…
Have you ever considered jumping into the latest property market hotspot to “make a killing” or whether it might actually be a misstep? In my mind, this popular strategy might not be as golden as it seems. Over the years the wealth strategists at Metropole have always recommended the type of property investment strategy that…
Have you thought about investing in commercial property? You’re not alone — faced with the prospect of more moderate returns from their residential property investments, many investors are considering this as an alternative. By this, I mean offices, shops or warehouses. Some investors are looking for diversification in their investment portfolios; others are looking for…
House prices continue to rise with all capitals reporting increases over July compared to the previous month, with annual price growth surging. The national capital city median house price was up by 0.7% over the July quarter to $1,208,603 compared to the June quarter, according to the latest data from My Housing Market. The July…
National rental values saw their lowest second quarter increase since 2020 in the three months to June, according to Cotality’s latest Quarterly Rental Review. After shifting higher through the seasonally busy first quarter (1.7%), the rolling quarterly change in national rental values is once again trending lower, with rents up 1.3% over the three months…
If you’re feeling like it’s getting harder to get ahead financially, you’re not imagining things. While incomes have inched up slowly, property values, and by extension, household wealth, have skyrocketed. The playing field isn’t just uneven anymore—it’s tilting sharply toward those who already own assets. You see…in the grand theatre of Australian prosperity, we’ve just…
Setting the right budget for a property purchase, be it a home or investment, is a very important financial decision. If your budget is too conservative, you risk missing out on potential capital growth or settling for a property that does not meet all your lifestyle needs. On the other hand, if you overspend and…
We all want to buy our new home or investment property at the lowest price possible. Or at least get good value for our money. And of course, the vendor wants the most he can get for his property, especially in today’s market where property values are strong. Yet you now know that the asking…