Engineers know that for a building to remain structurally sound for many decades it must have strong foundations. It doesn’t matter how good a building is above the ground, if the foundations are substandard, the building won’t last. The same is true for building wealth. There are several foundational matters that investors must optimise before…
When you first thought about buying property as an investment vehicle, did the words ‘quietly boring’ ever pop into your mind? I’m guessing they didn’t. Real estate is often seen as an exciting affair and whatever names you have to describe it, “boring” isn’t like to be one of them. But investing isn’t just for…
Australia has long been viewed as home to some of the most liveable cities and most beautiful beaches but now our nation has clinched the 4th spot in a ranking of best countries in the world. Based on global opinion, US News & World Report along with marketing company WPP and the Wharton School of…
When it comes to property investment you’ll often hear two conflicting philosophies – invest for capital growth or invest for positive cash flow. We’re now at the beginning of a new property cycle, but it’s likely we’ll be lumbered with relatively high interest rates for a while and it will take another couple of years…
One of the (many) furphies that get aired (frequently) in discussions around housing affordability is that we can build ourselves out of the problem by building a lot more high-density housing units rather than typical detached suburban houses. In fact, the opposite is likely to happen should we attempt this course of action. Here’s why….
Renters and low-income households are better off today than they were 2 years ago in 2021, even amid high inflation and our worsening rental crisis. The new Reserve Bank governor Michelle Bullock made the claim in her first speech since taking over the job, adding that strong employment and income growth help to shield the…
When it comes to investing, there is one asset class that consistently holds a special place in the hearts of most Aussies – residential property. If you were to ask a hundred individuals on the street how they would invest a million dollars, a vast majority would undoubtedly say “property.” While financial reasons for investing…
Melbourne is now the number one choice for international property hunters in Australia, with rental interest from China almost doubling the levels before the pandemic across the country. The latest data from PropTrack indicates a significant increase in searches by global buyers and renters on realestate.com.au in the past quarter. Melbourne stood out as the…
Interest from foreign property seekers is surging as migration has bounced back to pre-pandemic levels. According to PropTrack, since the last Overseas Search Report in July 2023, searches from abroad have continued to increase, with buy searches up 11.5% in the past three months and rent searches up 7.8%. Ms Karen Dellow, Senior Data Analyst…
Australia needs to build an additional three million homes over the next two decades to provide the needed infrastructure to house Australia’s growing population. By 2041 we will have 13 million homes, up from 10 million in 2021. Changing needs for a home The current demand is for homes with backyards and a home office…
