You often hear about buyers being gazumped or struggling to get the right information from the real estate agent to even be able to submit an offer. And how about the sellers who don’t even trust their own real estate agent enough to take their advice? These stories, and the many other grey areas surrounding real…
Rent values rose for the 35th consecutive month nationally in July. However, monthly rent growth has eased over the past four months. In regional Australia, rent value growth has been slowing since April last year, and rents are close to flattening out (albeit at high levels). Slowing rent growth is expected to be one of…
Now that home loan interest rates have risen by 4% this cycle, is it still worth investing your surplus cash flow, or should all cash flow go towards repaying your home loan? Many of my clients invest some surplus cash flow in the share market each month. This has been very easy to do over…
We know we’re in the middle of a rental crisis. According to PropTrack, national rental vacancy rates – the share of rental properties that are available for rent – inched down 0.04 percentage points to 1.43% in July. In fact, vacancy rates have halved since the pandemic as rental demand has increased. This severe shortage…
Australia’s property market is suffering a supply shortage, with high-interest rates and tighter rules seeing many property investors succumbing to fear-mongering and selling up… but it hasn’t dampened the property portfolios of our federal politicians. The 2021 Census data shows that 86% of federal politicians own at least one residential property with most owning an…
Inflation continues to decline The ABS released the latest monthly inflation figures, which dropped from 5.4 per cent in June to 4.9 per cent in July. This is of course now a long way down from the peak of 8.4 per cent in December as supply chains and the labour supply normalise. The most significant…
We are in the midst of a generational landmark, as Australia’s “Digital Integrators” (Generation Z) begin to enter the workforce and Generation Alpha move through their schooling years. Below we provide an explanation of each of these generations and some interesting facts about them. Generation Z The students of our world today who are currently…
Are your renters hiding something from you? Well, according to Finder’s new research, many Aussie renters admit to being less than truthful with their landlords. The survey with 810 renters revealed a quarter (26%) have hidden parts of their lives from their landlord or real estate agent – equivalent to 754,000 people. Have you ever…
The fixed-rate cliff, a term that has become colloquially known in the Australian financial landscape, is a subject that’s been garnering attention lately. With over $100 billion in fixed-rate mortgages set to expire by the end of the year, it’s time to delve into what lies on the other side of this cliff. The Fixed-Rate…
Aussies who decide to sell off-market get up to $60,000 less for their property, with some states and areas taking the biggest hit to returns. On average, houses sell for 4.3% less off-market nationally while units sell for 1.2% less, a recent PropTrack analysis revealed, which uses the average price difference between off-market property sales…
