Australia’s housing affordability has become an increasingly pressing issue, that will surely remain in the news as the federal election looms. Recent data highlighted the significant challenges facing prospective home buyers. In early 2024, the median house price surged to 8.6 times the median gross disposable household income, a significant increase from 4.9 times in…
In today’s ever-changing property market, it’s never been easier to get lost in the sea of conflicting opinions. If you scroll through social media or attend a property webinar, you’ll find a new wave of so-called “experts” and buyers’ agents focusing more on their social media presence than actual expertise. But here’s the problem—many of…
If Warren Buffett, the Oracle of Omaha, were eyeing the Melbourne residential property market today, he’d likely see an opportunity where others might see uncertainty. Known for his timeless investment principles, Buffett’s wisdom is surprisingly applicable to Melbourne’s current real estate landscape. Melbourne’s market has underperformed recently, which might be making some investors nervous, but…
It’s very common for parents to worry about whether their children will be able to afford to buy into the property market, and we get asked about this regularly. There are several complexities involved: some financial, and some more related to parenting choices. I’d like to share an idea that could work well for both…
As Australia grapples with a housing crisis, an interesting trend has emerged: Australians are increasingly shunning apartments, particularly those in high-density developments. In an article on news.com.au, Tarric Brooker explains that many Aussies are turning away from apartment living even though it’s a much more affordable option. The growing aversion to high-density apartment living In…
Melbourne was the only capital city where property prices fell all last year, and Perth was the only capital city where they consistently rose. How will our housing markets perform this year? Property market analyst John Lindeman reveals which indicators point the way forward. Some key housing market indicators look into the future rather than…
Are you looking to buy a property at auction any time soon? The property auction scene in Australia can be both exhilarating and daunting. It’s a high-stakes game where understanding the psychology at play can be the difference between securing your dream property at a fair price or walking away disappointed at losing out. As…
Some buyers’ agents promote investing in more affordable locations (i.e. outer suburbs). I can understand why some investors might be attracted to follow their advice. But it’s not until you delve into the theory and evidence that it becomes blatantly obvious that such investments have a high probability of underperforming. Here’s an example I saw…
If you want to understand what’s happening in our housing markets around Australia, Domain has just released its latest house price report. The report revealed that annual property price increases have slowed to their lowest levels since September 2023, as changing market conditions are expected to reshape the market as we head into the new year and autumn…
What’s next for Australia’s housing market? As we step into 2025, many Australians are asking how the property market will evolve amidst shifting economic tides. With interest rates, population growth, and housing supply under the spotlight, understanding the key forces at play is essential for homeowners, investors, and policymakers alike. Cameron Kusher, Director of Economic…
