Want to know what that magic ingredient is that propels property markets forward? The little secret behind whopping price growth? It’s not the economy, even though that’s important. It’s not supply and demand, even though that plays a role. It’s not infrastructure spending, availability of finance, or population growth either. Although all of these things…
![Perth housing market update [video] | November 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
Perth home values rose another 1.4% in October, adding approximately $10,790 to the median value of a dwelling. This was the 22nd month in a row where values have increased, and the 18th straight month where values have risen by more than 1%. Although values are consistently rising, there’s growing evidence that conditions are losing…
There seems to be a disconnect between what is myth and reality when it comes to the number of investment properties that people own. We sometimes hear about “greedy” investors who own dozens of properties when this is not really borne out by the facts. Did you know that about 70 per cent of investors…
![Australian housing market update [CoreLogic’s video] | November 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg)
As we delve into the national housing market trends for November 2024, it’s crucial to understand the broader picture and the regional variations that shape the landscape. The housing market has been experiencing significant shifts, influenced by various economic and social factors. The annual growth trend in the housing market has continued to soften, with…
Here are three acronyms you should know to better understand what tenants want. SOAP SOAP has been around for some time, and it is somewhat heartening to see that this old faithful still features high on the rental market’s want list. S = Storage 0 = Outdoor living space A = Air conditioning P = Parking (off street) PIES…
Perhaps you want to invest in Melbourne’s property market but don’t know where to start. Or maybe you’re wondering what the best Melbourne suburbs to invest in are for 2025. Let me talk you through it. While over the last four decades, Melbourne has been Australia’s strongest-performing housing market, over the last couple of years…
What’s the outlook for the Australian property markets for the rest of 2024? Have interest rates peaked now and when will they start coming down or will the RBA raise rates again in 2024 because of stubbornly high inflation? Will affordability issues cause a round of distressed sales and price falls or even a property…
In the current property market, where interest rates are relatively high and borrowing capacity is reduced across the board, the last thing you want to do is shave any more off of your borrowing power. After all, even as an investor, the last thing you want to hold you back from securing an additional asset…
We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
If you bought your home 20 years ago and didn’t check its value until today, you might be stunned. In all likelihood, you’d find it had doubled in value, then doubled in value again. It’s a classic case of the power of long-term focus—where the ups and downs of the housing markets, the peaks and…
