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The path to making the right decision can start with a laugh. On the first take, comedian Jerry Seinfeld’s style of observational humour might seem to have been played for surface giggles. But digging under some of his most famous lines reaches an almost zen-like understanding of the human condition that can give you insight…
Certain economic indicators are usually telling of where the housing market is going. But through the pandemic and beyond, some data relationships fell apart, with the housing market recovery in 2023 defying high-interest rates and low consumer sentiment. What happened to these historic relationships in data, and will they be salvaged? Interest rates and home…
Sydney’s property market turned a corner in 2023, with prices rising consistently over the past 12 months and close to recovering to their pandemic peak. Sydney’s median house price is the highest across the country, at $1.4 million, while the capital city’s median unit price reached $834,578 in January. That’s the cost of living in…
In an eye-opening analysis, Sydney’s inner west, eastern suburbs, and northern beaches emerge as the most challenging markets for homebuyers in Australia. Astonishingly, a mere 0.3% of the total homes in these areas are available for purchase. This insight comes from Louis Christopher, the managing director of SQM Research, who noted a staggering 30% drop…
In 2023, the Australian property market witnessed a distinctive shift, as homeowners and investors navigated the changing financial landscape. According to PEXA’s latest Mortgage Insights Report, the total amount borrowed for property purchases across Australia was $300.9 billion, marking a 12.7% decrease from the previous year. This trend reflects the dual impact of rising interest…
Property investment is one of the best wealth-creation strategies out there. In part, because it has a long history of solid performance, so is therefore relatively low risk. It’s important to understand, however, that it is not completely without risk. That’s because every investment opportunity has an element of risk. The trick is to manage…
The current state of the Australian housing market is often characterised as undersupplied. Supply is at the centre of government policy approaches to housing, and the latest reporting from Housing Australia estimates a supply shortfall of over 100,000 dwellings by the end of 2028. Despite a purported lack of housing, some dwelling markets are declining…
What are the main drivers of our investment markets? And, in particular, how do psychological peculiarities affect investors’ behaviour, way of thinking, and, eventually, their success? These and other questions were raised and answered by Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP in his an Insight he wrote…
In the dynamic world of Australian real estate, we’re witnessing a tale of two markets, according to industry veteran John McGrath. According to McGrath, the contrast is stark: thriving luxury suburbs versus a more cautious lower-end market, each responding differently to economic forces. Steady growth at the top McGrath, the Chief Executive of the real…
Australian Tax Office (ATO) data shows that only 9% per cent of investors own three or more properties. So, if property was such a good investment, why do many stop at one? Unfortunately, most people simply buy the wrong property, buy emotively, sell quickly and never buy again, or stubbornly hold onto it hoping things…
