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If you’re anywhere near my age (I’m going to be 50 very soon), you know you need to be investing a sizeable portion of your income. Not should be. Need to be. There are plenty of reasons for this, not least of which is the uncertainty around how much money you’ll need when you’re done working. But there’s another…
With the triple challenge of a pandemic, recession and social and political unrest around the world, people are wondering whether property is the way to go. The economic slowdown caused by our government to control the coronavirus pandemic plus rising unemployment and falling consumer confidence is creating significant headwinds for our property markets. Despite this…
There were 921 properties taken to auction across the combined capital cities this weekend, considerably more than last weekend when 749 auctions were held, and much the same as the 925 auctions conducted this time last year. The combined capital city preliminary auction clearance rate was recorded at 67.8% across 686 auction results reported so…
Over the years I’ve been teaching children about a simple but powerful concept – the ant philosophy. I think everybody should study ants. They have an amazing four- part philosophy, and here is the first part: ants never quit. That’s a good philosophy. If they’re headed somewhere and you try to stop them; they’ll look for another way. They’ll climb over,…
![Property Headlines: Updated Property Forecast From Major Credit Rating Agency + the latest data | Property Insiders [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg "National Housing Market Update [video] | May 2018")
It wasn’t that long ago that we were officially advised that Australia is in recession, but some people are wondering is it already all over, with spending increasing more jobs being created and homebuyer borrowing increasing. Of course, the third quarter of 2020 finishes at the end of this month, but we won’t officially know…
The Melbourne property market has suffered more than any other market from Covid -19. Having endured a prolonged lockdown, many are wondering what’s ahead for Melbourne real estate. Well property expert Pete Wargent recently reassured those interested in Melbourne suggesting now is a great time for for prospective homebuyers in Melbourne to prepare to buy….
When it comes to property investment, there’s no shortage of information available about what budding investors should do in order to ensure success. But perhaps more important are the pitfalls to avoid so you don’t become a statistic of the property game. While many investors start out with the intention of making it big…
I expect that the property market is going to pick up. And I expect that the Melbourne and Sydney property markets will go gangbusters. I have no idea when this will happen. Now just to make things clear…those aren’t contradictory statements. The first is an expectation, the other is the rejection of a forecast. And…
Melbourne businesses are twice as optimistic as they were a month ago when it comes to what they think the Victorian and Federal Government economies will look like in 12 months. According to the September Sensis Business Index, 35% of Melbourne businesses believe the Victorian economy will be better in a year compared with 17%…
Would you like to understand the key factors that drive our property markets? These key drivers can be critical when selecting the right asset to fast track your wealth creation journey. Considering the current environment, I would argue, it is even more important now than ever, as we head into an environment of low economic…
