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…
Do you understand the best way to invest in a rising property market? As it currently stands, our capital and regional cities are primed for growth over the next year or two. There is no doubt most property markets and properties will do well over this period. But what happens when the cycle moves on?…
A common property investing rule of thumb is that you should “buy property and never sell”. That’s because prices always trend higher over time which means you benefit from compounding capital growth. Of course, the rule-of-thumb should be adjusted to include “buy quality property and never sell” to ensure you maximise investment returns. But the reality is, that…
Australia’s housing recovery has gathered momentum, with combined capital house prices producing the steepest quarter-on-quarter gain since late 2021. House prices have now risen for nine consecutive months, in many locations making up for all their losses during the 2022 downturn, proving that we’re now well and truly into the next phase of the property…
Are you wondering whether you should put your money into investment property or shares? While at Metropole we are property specialists, we also advocate for diversification, so a healthy investment portfolio should contain an element of both. Each has its pros and cons, and most successful investors have multiple income streams and tend to benefit…
I’ve known about the value of professional property management for a long while now. I guess that’s what comes from being in the property industry for over 2 decades. Over my many years in the industry, I’ve come across plenty of good property managers but also some that you should give a wide berth. The…
The global risk of housing bubbles has decreased sharply in 2023. A report released last week by Swiss bank UBS concludes that out of 25 cities surveyed, only two were at risk of a housing bubble this year, down from nine in both of the two previous reports. The data shows that even places known for…
In September, Australian home prices hit a new all-time high, and some areas saw growth in the double digits this year. According to PropTrack, prices nationally have risen for nine consecutive months, climbing 0.35% in September and 4.31% year to date. But it is capital city home prices that have taken the lead in 2023…