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The national residential vacancy rate was steady at 2.1% in September 2018, though Sydney’s vacancy rate remained at its highest level in 13 years, while Hobart’s vacancy rate slipped to just 0.4% and Canberra’s tightened to 0.6%. The number of vacancies Australia-wide sat at 70,172 properties. Sydney’s vacancy rate was unchanged at 2.8% in September…
Achieving financial freedom is a goal for most people. Unfortunately, the reality is that not many people will achieve it. So what is financial freedom? There are lots of definitions but I like the one from T Harv Eker ” Financial freedom is simple: it is the ability to live the lifestyle you desire without…
![National Housing Market Update [video] | October 2018](https://puassets.s3.amazonaws.com/wp-content/uploads/2018/10/property-market5-270x200.jpg "National Housing Market Update [video] | October 2018")
The Australian housing market continued to weaken over the month, with national dwelling values falling 0.5% in September, marking twelve month of consistently falling values across CoreLogic`s national hedonic home value index. Dwelling values tracked lower across five of the eight capital cities in September while five of the seven «rest of state» regions recorded…
Do you want to make enough money out of real estate so that within a few years’ time you’ll be able to pay off your own home, buy a boat, or retire? If you answered in the affirmative, I’ve got disappointing news for you: it’s not likely to happen Real estate investing is a great long term…
Rental growth has been flat around Australia according to Domain’s latest Rental Report. The national median rental price for houses remained steady at $442 over the September 2018 quarter, while the median unit rental price fell by less than 0.5% to $461over the three months to September. Here’s how our capital cities’ rental markets performed over the last…
Preliminary auction results show 50.7 per cent of homes sold at auction. There were 1,850 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 50.7 per cent. Last week, the final auction clearance rate came in at 49.5 per cent across a slightly lower 1,817 auctions….
Dr. Simon Ramo, a legendary American engineer wrote a book in 1970 about, of all things, tennis, titled Extraordinary Tennis for the Ordinary Player. The engineer in him noticed that the game of tennis involves two games – one is played at the professional level and the other is played at the weekend warrior level….
Australia relies mostly on net overseas migration to sustain its rate of population growth. Our population grew by 1.6% in the year to March 2018, or by around 380,000 people. Of this, natural population growth contributed over a third (144,000) while overseas migration contributed the rest (237,000 people). So what would happen if growing community…
Life is about constant, predictable patterns of change. For the six thousand years of recorded history, as humans have entered this world, received parental instruction, classroom instruction, and gathered the experience of life; many have set for themselves ambitious goals, and dreamed lofty dreams. As the wheel of life continues its constant turning, all human emotions appear, disappear, and appear…
Buyers’ agents are becoming increasingly popular so there’s plenty of talk about the benefits that they can bring to building an investment portfolio. Particularly now that the proeprty cycle have moved into the next phase and you can’t count on the market to do the heavy lifting. So what should you expect from a buyers’ agent and…
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