Are you wondering what will happen to the Melbourne property market in 2024? It’s no secret that the Melbourne housing market has faced its fair share of challenges over the past couple of years. From the economic fallout of the COVID-19 pandemic and being locked down for longer than any other city in the world,…
Are you wondering what will happen to the Brisbane property market for in 2024? Well… it’s no secret that Brisbane was one of the strongest property markets during the boom of 2020-21. After booming through 2020 and 2021 with prices rising by 45.3%, Brisbane housing values fell -8.9% from their peak in May 2022 through…
Are you wondering what will happen to the Sydney property market in 2024? Well…After booming through 2020 and 2021 with prices rising by 27.2%, Sydney housing values fell -12.4% from their peak in January 2022 through to the recent trough in January 2023. But now the Sydney housing market has clearly turned the corner with…
National house prices have continued to record strong results over November although growth rates in most capitals have eased marginally compared to the previous month’s robust results. The national capital city median house price again increased sharply by 0.7% over the November quarter compared to the October quarter – rising to $1,085,389, according to the…
We’re at the beginning of a new property cycle. Early in 2023 our housing markets reset, and property values started rising, despite the fact that the RBA kept raising interest rates. So what happened? What changed? And what does it mean for the future of our property markets? To help understand what’s ahead and if…
How liveable is Australia? In the 2023 National Liveability Survey Australia scored an Overall Liveability Index (OLI) of 62.6 out of 100. This was consistent with the 2022 result (62.5). The OLI is calculated using two inputs: Community Values = what attributes respondents believe make somewhere a good place to live. Community Experiences = how…
Australia is on the cusp of a significant demographic shift. Baby Boomers – born 1946-1965 – who have previously been our largest generation and a driving force in shaping Australia’s economy and society, are reaching retirement age. The latest ABS figures show that 670,000 people intend to retire in the next 5 years, with 220,000…
It’s old news that Australia is currently experiencing a significant shortage of apartments and a corresponding rental crisis. And renters should not expect a reprieve from upward rental pressure anytime soon as the pace of apartment-building has slowed. According to a report by International Agents JLL, the supply pipeline of inner-city apartments has dropped by…
Are ducted air conditioning systems worth more than you thought? We’re here to sort out the facts and the possibilities. So, can air con affect the sale price? Let’s shelve the perplexity and dive in. Understanding Ducted Air Conditioning To kick things off, it’s essential to have an idea of a ducted air conditioning system,…
Much of the news media lapped up the surprise announcement that Queensland will double the first home buyer grant to $30,000, effective immediately as of the weekend. The new grant, which applies only to new builds of up to $750,000, is intended to help stimulate supply rather than boost the overall market. To that end,…
