Soaring prices, very low rental vacancy rates and a lack of affordable housing continue to put a strain on Australia’s rental markets and keep us in a rental crisis situation. While rental price growth has slowed, monthly and annual increases continue to push affordability to its peak. Meanwhile, there is still growing concern that the…
Property investors and homeowners around Australia are eagerly waiting for the day when the Reserve Bank of Australia (RBA) decides to lower interest rates again, in the hope that lower rates will go some way to ease the burden of higher mortgage repayments and strained affordability. With the official interest rate paused throughout 2024, holding…
As we close the chapter on 2024, it’s clear that Australia’s property market has showcased remarkable resilience amid economic uncertainty. Despite ongoing challenges like rising living costs, affordability pressures, and stubbornly high interest rates, the property markets have defied expectations. Domain’s 2024 End-of-Year Wrap and 2025 Outlook provides an in-depth look at the forces shaping…
This Christmas, many Australians won’t just be decorating their homes—they’ll be struggling to keep them. New research commissioned by Master Builders Australia, reveals the staggering depth of Australia’s worsening housing crisis. Among 1,600 voters surveyed, 90% believe it’s difficult to afford to buy or rent property, while 85% agree there is a shortage of housing….
Without always knowing it, property investors are pre-programmed with a range of biases that may cause them to interpret information incorrectly and thus undertake sub-optimal investment decisions. Let’s discuss 9 of the key biases that Australian property investors must overcome… 1. Hindsight bias How many know-it-all commentators now confidently proclaim that the financial crisis and…
It seems everybody I bump into has an opinion on our property markets. They’re reading all the news, and while some believe our property markets are going to perform well moving forward, there are still many property pessimists who believe high inflation and interest rates and affordability challenges will lead to a housing market collapse….
Tenants and landlords need each other, but that doesn’t mean the relationship is always cordial. Sometimes this partnership is divided by the proverbial wedge due to unavoidable circumstances, but it can also be the actions and attitudes of the people involved that create disharmony. What are some of the ‘lemons’ that can turn a tenant-landlord…
Victoria’s rental market has reached an unprecedented milestone, with new data released by the Department of Families, Fairness and Housing showing that the rate of investors selling their investment properties is rising. They looked at the amount of rental bonds (a proxy for the number of rental properties in a market)) which indicates there are…
As Australia’s property market continues to evolve, one factor that is increasingly adding pressure is the trend of “rightsizing.” A new study commissioned by Temple & Webster highlights how this phenomenon is reshaping housing demand. The report, Finding the Right Fit: The Future of Rightsizing in Australian Housing, points to growing competition for larger dwellings…
Sydney’s rental market continues to be in crisis, with extremely low vacancy rates, high rent prices, strong demand, and a rising population keeping the city’s property market in a pressure cooker environment. Here’s a rundown of all the current Sydney rental market trends, and what we can expect to face next. Current rental market trends…
