I hate to repeat what everyone else is saying, but clearly, we are living in challenging times. Despite all the bad news in the media, with economic problems, geopolitical problems, and cost-of-living pressures, there is also good news out there if you look for it. But there’s no doubt there are still many challenges ahead…
Higher rental costs are reshaping the value proposition of the First Home Guarantee, with new analysis from Cotality comparing the additional cost of time in the rental market and potential LMI costs, with the additional interest cost of a 5% deposit home loan. While the scheme comes with higher interest costs, the savings on rent…
One of the most common questions I get asked is “When should I buy my next (or first) investment property?” But that question is pretty much like asking “How long is a piece of string?” There are a lot of variables to consider. It’s true, being a savvy investor is about timing. However, instead of…
What if I told you that nearly half the cost of your next property isn’t the bricks, the land, or even the builder — but taxes? That’s the hidden truth behind Australia’s housing market, and it’s crippling wealth creation for investors and homeowners alike. Residential property may be the cornerstone of financial security for many…
Spring has always been the season that reinvigorates Australia’s property markets. It’s the time of year when listings surge, buyers come out in force, and competition intensifies. But beyond the headlines, spring also reveals something far more telling: what Australians are actually searching for in a home. And this year, Domain’s data shows that buyers…
More than 60% of Australian households are made up of just one or two people, yet the bulk of our housing stock is built for families. New analysis from Cotality shows a stark mismatch between who lives in our homes and the kinds of homes we’re building. Who really makes up Australia’s households? When most…
Tax isn’t necessarily a bad thing. If you’re paying tax, it means that you are making money (income or capital gains). But of course, there’s no need to pay any more than you legally have to. I discuss our common-sense approach to saving tax below. Minimising risk is often more important than saving on tax…
The government wants to build 1.2 million new homes by 2029. That’s ambitious. It sounds impressive. And frankly, it’s what we need – at least 240,000 new dwellings per year to bring our housing market back into balance. Valuers Charter Keck Cramer have broken down these figures to a state and territory level to understand…
While homes along Sydney’s Metro line carry a substantial premium, a year after the opening, growth in housing values along Sydney’s Phase 2 metro has generally lagged the broader Sydney region, according to a recent Cotality analysis. Cotality researchers undertook a spatial analysis of housing values along the Sydney Metro line, defining primary catchment areas as within…
The Australian property market is on the move. After a few years of uncertainty, highlighted by headlines about falling prices and interest rate hikes that made buyers nervous, we turned the corner last year, and property values have been rising ever since. With the Reserve Bank having dropped interest rates three times already this year,…
