Buying a home is a major life experience, filled with excitement, happiness, and pride. But sometimes it can also be fraught with stress and fear, consuming too much of your precious time, money, and energy, particularly without the right professional guidance. Choosing the right property for your family comes down to knowing what you need,…
What’s ahead for apartment vacancy and rent? Well, new data from CBRE research found that median rents are expected to grow by $120/week (+26%) between 2023-2028, across 53 precincts in Australian capital cities. In fact, a number of precincts are likely to see mid/high 30% rental growth. It is also expected that capital city vacancy…
The latest PropTrack Home Price Index revealed that the 2023 price upturn is firmly entrenched with home prices hitting fresh record highs in many markets in October. Clearly, price growth has accelerated since 2022. According to PropTrack’s data, in the year to October 2022, national home prices had risen just 0.19% after falling 3.68% from…
One of the most common quandaries every tenant and landlord finds themselves in is, “Who should foot the bill when it comes to repairs and maintenance?” As a tenant, you might be wondering, At what point should I stop fiddling with the wrench and call in a professional? Or as a landlord, you might be…
Overseas migration is frequently being called out as one of the primary factors influencing the housing market. In the face of high-interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. National home values have increased 7.2% in…
Location, location, location! I’m sure you’ve heard about the importance of location. In fact, you’ve probably heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. During the recent property boom, any and every property sold, but we’re now seeing a flight to quality…
Commentators often refer to the price of property relative to household incomes. For example, it is estimated that property in Melbourne and Sydney now costs more than 10 times the median household income. But is this really a meaningful measure if it is, property cannot continue to grow at a faster rate than incomes (a…
If you’re looking to get into property or move up to the next rung of the property ladder, here are some words of advice. Property investment is simple, but not easy, and that’s not a play on words. It’s not something you should enter into lightly, but for some reason, that’s what a lot of…
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…
