Remember when owning a home was considered a rite of passage? A marker of stability and success? Today, for many Australians, that milestone feels more like a distant fantasy than a realistic goal. What was once seen as the cornerstone of financial security has become an uphill battle, with soaring property prices, stricter lending rules,…
Median apartment rents are likely to grow by 24% between 2025 and 2030, across Australian capital cities, according to the latest report by International Property Consultancy, CBRE. By 2030, 92% of 2-bed apartments are forecast to have rents exceeding $700/week (33% exceeding $1000/week). CBRE expect that capital city vacancy rates will fall further to 1.1%…
It seems like property investors have become the punching bag of choice lately. The media loves to portray us as greedy landlords, politicians use us as scapegoats for the housing crisis, and some believe we’re locking first-home buyers out of the market. In fact, in the five decades I’ve been involved in property, I’ve never…
Buying property in Australia is tricky enough without the added complexity of state taxes, federal rules, and the ever-changing definitions of who qualifies as a “foreign person.” Recently at Metropole, we worked with a client who held a Resident Return Visa (subclass 155) – a type of permanent visa. Their big questions were: Will I…
If there’s one thing property investors learn over time, it’s that no two cycles are ever the same. The past decade has reminded us of this lesson again and again. Since 2015, Australia has been through three major interest rate cutting cycles. Each of these has played out very differently, with entirely different market segments…
Australia’s prestige property markets are revealing a surprising opportunity for strategic buyers – not inside the elite strongholds, but just beyond their borders. Ray White Chief Economist Nerida Conisbee’s latest analysis introduces the concept of “fortress suburbs” – coveted enclaves like Mosman and Toorak that resist the usual spillover effect seen in property markets. These…
Australia’s capital cities have reclaimed the growth lead from the regions for the first time in nine months, with data from the latest Cotality Regional Market Update showing metro values are rising at a faster pace than their regional counterparts. Over the three months to July, the Cotality capital city Home Value Index rose 1.8%,…
In 1966, homeownership in Australia hit “peak home ownership” as 73 per cent of dwellings were owned outright or with a mortgage. That figure has been drifting downward ever since, sitting at 66–67 per cent in recent years, and just 63 per cent at the 2021 Census if you count occupied dwellings only. On the…
When it’s time to start looking for your next property purchase, you’ll come across a lot of jargon you might not have heard before. Saving for a deposit or house hunting is time-consuming enough, so when it comes to deciphering some of the real estate market code and industry lingo you could probably do with…
Every year, spring breathes new life into Australia’s property markets. It’s the season that shapes how the year closes and often sets the tone for the year ahead. New analysis from Domain indicates that recent cash rate cuts, boosted buyer confidence, and spending power are setting the stage for a supercharged spring selling season. The…
