We currently have a shortage of houses for rent or to buy, and this is causing prices to rise and rents to skyrocket and the housing crisis, the likes of which I’ve never seen in my 50 years of investing. Of course, the main underlying factor leading to this challenge is that we are not…
Australia’s rental market plunged into crisis over the last few years, as supply dwindled through 2022-23 when interest rates began to surge and many investors sold up and a few new investors entered the market. We saw vacancy rates drop to all-time lows, rental stock remained extremely slim, and rental prices skyrocketed. In fact, it…
Australia is home to some of the most liveable cities and most beautiful beaches in the world, but now our nation is considered one of the world’s richest. According to new data from Founder Pass, Australia is ranked at number 8 for the world’s highest salaries. The ranking shows that Australians have a monthly average…
Australia is full steam ahead through the next phase of the property cycle, but supply issues continue to weigh heavy on the market. The lack of available properties is a market-wide issue, but there are some suburbs where homeowners are holding onto their properties for a record length of time. Meanwhile, in other areas properties…
National home prices have cycled through 16 months of consecutive growth after lifting 0.23% to hit a new record in April, according to the latest PropTrack Home Price Index Report. Prices are now 6.60% above April 2023 levels. Ms Eleanor Creagh, Senior Economist at PropTrack commented: “National home prices hit a new record in April,…
There’s a noticeable shift in the Australian rental market with high income earners squeezing lower income earners in the rental market, according to a paper by the Australian Housing and Urban Research Institute (AHURI). Higher-income earners, those making $140,000 and above per year in 2021, grew from 8% of the private rental market in 1996…
Just when we think the price of rentals could not get any worse, this week’s Rental Affordability Snapshot by Anglicare has revealed that low-income Australians are facing a housing crisis like never before. In fact, if you rely on the Youth Allowance, there is not a single rental property across Australia you can afford this…
We know we are experiencing a housing crisis, due to a shortage of dwellings to buy and rent and this has, in part, been brought about by challenges within the residential construction industry. Capacity constraints, rising costs, and tight housing supply have driven up prices for existing homes and rental rates. PropTrack examined the significant…
Australia’s national property prices reached a new peak in March, having lifted for 14 consecutive months in a row. The latest PropTrack data shows property prices have increased 1.57% so far this year to sit 6.79% above March 2023 levels. Compared to that 6.79% property price growth, wages grew at a (still impressive) 4.2% over…
Our instincts helped get us out of caves and into centrally heated homes – but can they help us become better traders? Imagine you are one of our primitive ancestors. The world is a frightening place. Virtually everything is bigger, faster, hairier, and stronger than you are. The only advantage that you have is your…
