We’re now 16 months in to a new property cycle. Early in 2023 our housing markets reset, and property values started rising, despite the fact that the RBA kept raising interest rates. So what happened? What changed? And what does it mean for the future of our property markets? To help understand what’s ahead and…
Rental costs in Australia keep on increasing. Because of this, shared housing is quickly becoming the answer for many to the skyrocketing cost of living, according to new research by Finder. The survey of 1,070 respondents revealed more than 1 in 10 (12%) Australians – equivalent to 2.5 million people – have moved into shared…
Australia is slowly moving through an enormous (though temporary) spike in overseas migration. The ABS reports Australia’s population increased by 2.5%, or 660,000, in the year to September 2023. Its latest regional migration data reveals the areas with the highest migration levels through the 2022-23 financial year (FY23). This has been driven by a combination…
What approach are you using to make the vital decision of investing in the property market? In my mind, there are two approaches that I use when researching and analysing data in order to make an educated and informed decision. While both methods are important, the data used for each process will differ according to…
Have the Perth and Adelaide housing markets peaked? And if so, where will we find the next boom markets? The answer lies in who is doing the buying and selling. Experts commonly refer to a city’s median housing price when describing its performance, but this is misleading. The median price lumps all buyers and sellers,…
The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change compared to just three months ago. Back in February, the Reserve Bank assumed three rate cuts before the middle of the next year….
Buying a property is one of the biggest transactions you’ll ever make. It’s one that you’ve probably saved and prepared for a long time and are eager to make happen. The problem is, among all the activity, buyers are unaware that scammers are out there, lurking and waiting. Real estate scams are commonly related to,…
Estimates suggest there will be 25 million of these by 2100. Take a guess what I’m talking about: Is it: electric vehicles, household robots, wild elephants, centenarians, or streaming services per household? Electric vehicles. There may be far more than 25 million – estimates suggest 145 million – on the road by 2030. Household robots….
The Victorian government is tightening its grip on rental property standards in response to a significant increase in tenant complaints. This crackdown, led by Minister for Consumer Affairs, Gabrielle Williams, and Consumer Affairs Victoria director, Nicole Rich, reminds landlords of their legal responsibilities to provide safe and functional rental properties. “Every Victorian renter has the…
Can we really blame the housing crisis to international students? The answer is no according to a report released by the Student Accommodation Council which suggests that international students are not the culprits behind Australia’s housing crisis. Representing merely four per cent of the rental market, their impact is minimal compared to other, more significant…
