Have you considered getting involved in property investment even though you’re still relatively young? Want to avoid the minefield that causes around 50% of those who get started in property investment to sell up? A number of years ago Finder.com.au interviewed me for my thoughts on this topic, and one of the things we discussed…
CoreLogic’s national Home Value Index (HVI) recorded a 0.3% rise in October, the 21st month of growth since the cycle commenced in February last year. The subtle positive movement was supported by the mid-sized capitals, led by Perth with a 1.4% rise over the month, offsetting declines in Darwin (-1.0%), Canberra (-0.3%), Melbourne (- 0.2%)…
As Australia contends with an increasingly severe rental housing crisis, a new trend has emerged that could exacerbate the situation—the dwindling number of private property investors. A recent report from The Australian Financial Review warns that Australia has likely reached “peak property investor,” with experts cautioning that the impacts on the rental market could be…
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate…
There are two major Australian housing demographic shapers over the next decade. These two next big waves are first home buyers and downsizers. Both these markets are looking for affordable housing outcomes and often, smaller homes with less maintenance. Smaller lots – especially those near high quality offsets like parks, cafes and views – are…
Australia is facing a housing affordability crisis like never before, with the latest data from the PropTrack Housing Affordability Report painting a stark picture of the challenges Australians face in buying a home. According to Paul Ryan, Senior Economist at PropTrack, affordability has now reached its worst level on record. This is not just a…
Who do you ask for property advice? With so many mixed messages and vested interests, who can you really trust? And in today’s property markets, there are very few advisers who have the perspective of having lived through and successfully invested in a number of property cycles and understand how to take advantage of the…
Low supply, strong demand and high interest rates mean that it is harder than ever for Australians to buy property in the current market. High property prices mean many buyers, particularly first-home buyers, need a six-figure deposit at a time when their borrowing capacity is at an all-time low. And even for investors, the low…
It’s Melbourne Cup time, but there’s a race of much greater significance to property investors – it’s this year’s Housing Market Cup. You’ve studied the form, got some tips from mates at work and heard about a lucky few who really cleaned up, but will you be backing the winner of this year’s Housing Market…
You were probably taught by your parents to get a good education, a good job, buy a home, work really hard, and pay off your debt. But, in my mind, that’s not a productive use of the equity in your home or your investment properties. Instead, you should recycle the equity in your home and…
