Australia’s housing market is facing unprecedented challenges, with no clear end in sight. Since 2020, rents have risen by 35%, vacancy rates have hit rock bottom, and the supply of new homes is woefully inadequate. The projected shortfall of 257,000 new homes over the next five years is not just a number—it’s a clear signal…
Australia is renowned for bright sunshine, beautiful beaches, natural wonders and vibrant cosmopolitan cities. Not only are our cities some of the world’s best, but they’re also some of the safest. But, of course, not all Australian cities are created equal. In fact, in some cities, crime rates are so high they could be considered…
Every property investor is looking for the secret to success, aren’t they? Some spend years searching for a mythical investment strategy that will be their path to untold riches. Alas, while they are on their unhelpful hunt, they miss golden opportunities that could have helped them achieve their financial goals and dreams much earlier. One…
National home prices were higher over October with unit price growth resuming after the fall reported over the previous month. The national capital city median house price increased again by 0.3% to $1,154,359 over the October quarter compared to the September quarter results, according to the latest data from My Housing Market. The national quarterly…
With inflation finally under control, the Reserve Bank now has no option but to cut interest rates. I’ll explain why this could lead to the biggest property market boom ever. When high population growth creates a shortage of housing and the purchasing power of property buyers increases, the inevitable result is a housing boom. These…
Lately, it seems like everyone’s pointing fingers at migrants for the mess we’re in with housing, but let’s be real—blaming newcomers is just an easy way out of facing the real issues. It’s easy to understand why: with headlines constantly highlighting record immigration numbers and skyrocketing house prices, it’s tempting to make a connection. However,…
Many property investors and homeowners are eagerly awaiting the day when interest rates begin to fall, hoping it will ease the burden of higher mortgage repayments and boost the property market. But if you’re expecting an imminent rate cut, you might want to reconsider your timeline. It seems that we could be waiting longer than…
Looking at buying your first investment property? Or maybe your next one? I’m sorry to say, but there’s no generic, one-size-fits-all approach to property investment. Residential real estate, as with any other investment vehicle, requires an individualistic approach. In other words, you must identify and address your own specific needs, goals, and circumstances in order…
In Australia, the dream of homeownership has become increasingly elusive. With skyrocketing property prices, the affordability crisis is a topic on everyone’s lips. Politicians, media outlets, and everyday Australians frequently keep debating how to make housing more affordable. But is it really as simple as some suggest? Now, before you think I’m a rich property…
There is an old saying in real estate circles that you should buy and never sell. While that sounds good in theory, it’s not a sound strategy in practice. Firstly, most investors will consolidate their portfolios at some point in their journeys to pay down their loans and start living more financially free lives. After…
