Investing in property can be one of the most effective ways to build wealth, but it’s not without its pitfalls. Over the years, I’ve seen many investors make the same mistakes repeatedly, often derailing their financial goals. Here are 10 common missteps property investors make and how you can steer clear of them. 1. Falling…
Proposed changes to the minimum energy efficiency standards for rental properties in Victoria could soon see landlords facing increased costs in a bid to help the state move towards net zero emissions. While the intentions behind these reforms are commendable, the reality is that these changes will have significant financial implications for landlords, many of…
Top economists are unanimous in believing Australia’s housing market is in crisis. Offered a choice of 14 measures identified by the Economic Society of Australia as likely to restrain prices for buyers and renters, none of the 49 leading economists polled picked: “Do nothing, the market will determine appropriate prices”. The economists chosen for the…
Brisbane’s property market might not match the sky-high prices seen in Sydney and Melbourne, but over the past few years, the sea-change shift effect has seen its population boom, with even our richest property buyers flocking northwards. And it has put some of the city’s most affluent streets on the map. Brisbane’s house prices boomed…
It’s no secret that parking can add value to a property. But rising population density is now making the humble parking space a sought-after feature. In his recent column in Switzer, John McGrath examines what people have been willing to pay to park their cars. This is a question that will never have a definitive…
Potential sellers are often told that spring is the best time to sell their property and at first, this seems a no-brainer. The weather is warming up, gardens look their flowering best and buyers are returning to the property market in droves after hibernating during the long cold winter. Sellers are also frequently warned that…
Our recent research on Australia’s future demographic shape helps to pinpoint an imbalance between the type of housing that is being built and what our key buying groups want and can afford. 6 district buyer segments in our market Young renters First home buyers Upgraders Downsizers Retirees The aged care market Our work suggests that…
Sydney is home to some of Australia’s (and even the world’s) most expensive properties. Its notoriously robust real estate market has remained impressively resilient, with property values defying predictions and steadily rising over the past 18 months. Sydney has led the current property upturn – prices started to rise in January 2023 at a time…
In this article, I’ll explain the role of a town planning consultant and what you need to be asking yourself. Town planning consultants are professionals with qualifications in town planning or urban planning. Those in private practice have usually been employed by local councils or planning organisations for a number of years, meaning they know…
Whether they have incredible views or are in close proximity to the CBD, the beach, or both, Melbourne has some of Australia’s most desirable streets and they attract some of the country’s wealthiest people. However the Melbourne property market has not performed as strongly as some other capitals over the last year, but Melbourne’s property…
