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…
When it comes to housing affordability in Australia, many factors are often blamed: negative gearing, high interest rates, investors, developers, migrants, students, planners, government policies—the list goes on. While the reasons are complex, there is one simple reality: if we build enough homes where people want to live, housing becomes more affordable. According to Nerida…
Much is written about population growth and its positive impact on most things economic. But there is also a sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 794 vehicles per 1,000 bodies. It was 777 just before…
Sydney has once again cemented its status as a global leader in luxury real estate, with its prime rental market topping the charts for growth in 2024. This remarkable achievement places Sydney at the forefront of the world’s most coveted cities for high-end tenants, surpassing even heavyweights like New York, London, and Hong Kong. But…
There’s a good deal of misconception about building wealth through property. Along my journey, I’ve heard all sorts of reasons why people “just can’t” invest. The most common ones are: I don’t have enough money to buy property The market is too unreliable for property to be a safe investment any more. It takes several…
