Australia’s property market is moving onto the next phase of the cycle, but issues with scarce supply continue to strain the market. It’s not good news then that new data has revealed that homeowners are holding onto their properties for longer than ever before, only exacerbating an already tight market. A recent analysis of PropTrack…
What do you do if you’re keen to buy a property at auction but it is passed in? Sure our property markets are picking up, but around 30% of properties put to auction still don’t sell on the day, so how do you handle the situation? When a property passes in, the highest bidder is generally…
There are over 2.88 billion dollars worth of tax deductions that investors are leaving on the table. With a little knowledge and planning in the lead-up to June 30, there are key decisions that investors can make today that will pay dividends when they meet with their accountant in July. Here are 5 tips to…
Which Victoria suburbs are next to boom? Well, according to REA Insights, Dromana on the Mornington Peninsula has been identified as the Melbourne suburb to watch, with its beachside lifestyle, relative affordability and proximity to the city proving a winning formula with families. Its top features include pristine beaches and close proximity to Melbourne. According…
The highs and lows of Australia’s property market were a hot topic even before the pandemic-induced price boom of 2020-2021. And with so much talk about extravagant surges in both the number and value of property sales, talk also turned to how much money some of these ‘lucky’ property investors managed to make. After all,…
Getting into a tizz about who is responsible for what at a rental property is a headache no one needs – and one many landlords and tenants experience. Misunderstandings about responsibilities for tasks around the property – from gardening to appliance repairs – are commonplace. If you’re wondering why a landlord insurance provider is talking…
Australia’s property market is suffering from a chronic supply shortage, with high mortgage costs and a worsening rental crisis further tightening the market. But there is one solution to Australia’s chronic housing shortage: Downsizers. In fact, new data by financial services company Downsizer.com, reveals that there are some suburbs in each major city where the…
How are our housing markets going to finish the year? To many people’s surprise, despite higher mortgage rates and generally poor market sentiment, our property markets have performed well this year. After a rocky 2022, many “experts” anticipated home prices to drop further this year, but in early 2023 the market reset and prices have gone…
What does Australia’s surging population mean for our housing markets? It’s old news now…Australia is experiencing a population boom due to increased migration. But this is creating a serious problem…With very few available homes and rising costs, can we accommodate everyone? According to the Australian Bureau of Statistics (ABS), in 2022 the population grew by…
Are you looking to get into property investment, or maybe you’re keen to add to your existing property portfolio? With all the mixed messages in the media many Aussies are wondering “should I buy, should I sell, should I hold”? Well, maybe you should buy an investment property… But maybe you shouldn’t. Fact is, I’ve…
