How long does it take to sell in the suburb you’re interested in? Despite all the dire messages in the media, home prices are climbing up all across the country, and guess what? People are still super keen on buying. And here’s the kicker – according to realestate.com.au houses are getting sold way faster than…
High property prices, escalating construction costs, and rapidly rising interest rates have pushed Australia’s housing affordability to the worst level in over 30 years, according to a new PropTrack report. The PropTrack Housing Affordability Index shows that in 2023 households across the income distribution could afford the smallest share of homes since 1995, when records…
The nation’s biggest home lender, Commonwealth Bank (CBA) has upgraded its house price forecasts aligning with the optimistic outlook shared by the other big banks. Only a few months ago in May, the CBA revised its original forecast that home values would fall 6 per cent this year, instead suggesting that prices will gain 3…
Deciding to enter the real estate market at a young age is a bold decision. To get the most out of your property investments and to lessen the associated risks I’ve been running a series of articles over the last few days based on an interview I had with finder.com.au regarding investing in property at a young age. …
Are you a sucker for a juicy, clickbait headline like me? Maybe like the one I have just used… A promise of endless cash flow would have to be the fakest headline in property investment advertising. It is the bait that lures you in, in the hope that you are snapped up by the salesperson….
The cul-de-sac is a suburban trap. It’s virtually useless as a road, doesn’t support public transport, cycling or walking, and doesn’t work well as a play or gathering place. Its literal translation from French is “bottom of a sack” – which sounds a lot less glamorous, you’ll agree. And yet we persist with them. The…
Our housing markets experience ups and downs don’t they? Although home prices experienced a dip in 2022, it was nothing compared to the surge experienced during the pandemic when interest rates hit record lows. Looking back over a longer period of 10 years, it is clear that almost all suburbs have experienced price growth, with…
One of the arguments frequently used to denounce the overseas economists who come here warning that our property markets are going to crash, is that our real estate markets are different to America. So what’s the difference between mortgages in Australia and the USA? Aside from different terminology and product types, there are some unique…
Is assessing Demographics an integral part of the way you build your property portfolio? If not you could be missing the key to building long-term wealth without significant risk. Understanding demographics could and should be the final piece of the puzzle for you during the decision-making process. It is certainly something we monitor at Metropole…
Australia’s property downturn is now over, and while prices are slowly rising we’re not going to experience a property boom with soaring prices any time soon, which means there are more property investors than ever looking at ways to actively increase the value of their property portfolio. Any wise investor knows that sitting on your…
