Every Australian capital city has its ups and downs when it comes to property investment. But before you launch into investing in Sydney it’s worth doing your research and seeking expert advice. That’s why we’ve developed these articles, for a more local perspective on what you’ve read about investment so far.
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Cast your mind back to the early 1990s — Australia was in the midst of the recession that we had to have, Paul Keating (who coined the phrase) was the Prime Minister, grunge ruled the music industry and there was no Internet. Australia’s population was 18.2 million, growing by around 1.1% on average in the first…
The rivalry between Melbourne and Sydney has a long history. Everything from the weather to the football is keenly debated. But one thing remains a fact – Sydney is Australia’s largest city, with a 2018 population of 5.23 million. But has it always been this way, and what of the future? Read on the find…
Sydney property markets have been in the slump phase of the property cycle since the middle of 2017. But our markets have been very fragmented with some suburbs falling in value considerably more than others. Despite further price deterioration to house and unit prices over the last quarter, the rate of decline has eased from…
If I had a dollar for every time I was told that older people are downsizing in droves and leaving the suburbs for the inner city, I’d be a much richer person. This perception has persisted despite the evidence to the contrary. Every so often an article will appear in a newspaper that perpetuates the myth….
Despite all the negative news in the press, there are many reasons not to worry about the future of Sydney’s real estate markets. So today I’d like to share 5 things that you really should know about Sydney property. Recently Dr. Andrew Wilson, Australia’s leading independent property economist, took the time to speak to many…
Alarm bells are ringing for those who bought an off the plan apartment a few years ago. Investment bank UBS warned that three in 10 new apartments sold off the plan in Sydney are now settling with a lower valuation than the original contract sale price. And it’s much the same in Melbourne. This comes…
![Sydney Housing Market Update [video] | March 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/03/sydney2-270x200.jpg)
In Sydney we saw dwelling values fall by 4.1% over the past three month, with the rate of decline easing to 1% in February. CoreLogic has released their newest housing market update for March 2019. The annual pace of falls is now measured in double digits, with dwelling values down 10.4% over the year. Values are generally…
Sydney’s property market has been the central focus of the real estate industry in recent years… Particularly as it is Australia’s largest property market. But now that the Harbour City market has moved to the next phase with slow growth in some locations, no growth in others and prices falling slightly in certain locations, the media is again…
Why is it that some suburbs are suffering more in the current property downturn than others? While there are many factors causing the current slowdown, a large part of it is related to property investors leaving the Sydney property market. Now it’s not because they’ve lost their appetite for Sydney property, they haven’t. It’s because…
This Blog is going to be a little different from my other blogs. Purely because I write this blog with a level of hesitation. And the reason for this hesitation is because whenever I see a blog written with the title “Top Hotspots for 2019” or “Property Investment Hotspots” it usually makes me cringe. So…
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