After several years of surging rent prices, Australia’s rental market may finally be entering a cooling phase. According to Domain’s Rent Report for the September quarter of 2024, growth in rental prices has slowed significantly, marking the weakest September quarter since 2019 for houses and 2020 for units. While renters are still dealing with historically…
![Sydney housing market update [video] | October 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Sydney home values have continued to rise, however, the 0.5% increase through the September quarter was the lowest growth results since the three months ending February of 2023, when values were down by 0.3%. With one month of spring now behind us, Sydney listings are rising, tracking 7% above levels at the same time last…
There is a lot of misleading information out there about things economic and it seems even more so when you combine property and taxation. Negative gearing is a case in point. Australia is a one-off? For example, it has been stated that Australia is the only country that allows for negative gearing deductions. But this…
Asset protection seems to be a recurring topic with clients over the past few months. So let’s have a look at the top issue of asset protection that every property investor should consider: 1. Should I have a will? The answer is yes if you want to control who gets what and not leave it to…
According to Corelogic research, Australia’s national median dwelling value delivered a 6.8% annual growth rate over the 30 years to 2022. Across each of the past three decades, at a macro level, it was the 1992-2002 period that provided the largest capital gains, with CoreLogic’s national Home Value Index (HVI) rising by 77%. The middle…
![Australian housing market update [CoreLogic’s video] | October 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg)
The new data on the housing market reveals that, at a macro level at least, values are still rising, but growth momentum is losing steam and conditions remain mixed quarter to quarter. Housing values nationally climbed 1% in the September quarter, the lowest growth in the CoreLogic national home value index in a rolling three-month…
I know a reasonably common Google search is “what is Michael Yardney’s net worth ?” In fact, a question I’m asked frequently is, “Michael, what’s your net worth?” And while I can understand that this may be of interest to some people, I’m sorry to disappoint you… I don’t answer this question with a definitive…
I’ve said it before many times, and it bears repeating once more: as a property investor, you will pay for your education. You’ll either pay for it by actively seeking to educate yourself, or by investing in courses, seminars, and mentoring programs that help you grow your wealth. Or you’ll pay for it by making…
Are you having a fence war with your neighbour? You’re not alone. Boundary fences are one of the major causes of property disputes between neighbours. So, do you know your rights when a new dividing fence needs to be put up between you and next door? And what happens if your neighbour suddenly announces he…
What we saw during the Covid period was not only a decline in population growth in Australia, but we also saw a drop in the interest from people living overseas buying new property and existing homes in Australia. Ten years ago, some 17% of new homes sold to overseas buyers. This attention dropped to around…
