Are you wondering what will happen to the Melbourne property market in 2025? Over the last four decades, Melbourne has been Australia’s strongest performing housing market; however, over the last couple of years it has underperformed. In fact, over the last 12 months dwelling prices have been basically stagnant, while many other capital cities enjoyed…
Want to know what’s happening to the housing markets around Australia? Well… this monthly collection of charts from CoreLogic paints an interesting picture. Home values declined a little after nearly two years of consecutive growth, with CoreLogic’s national Home Value Index dropping -0.1% in December. This downturn is being caused by the widening gap between…
After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start of a cyclical downturn is unsurprising, as monthly home value growth has slowed since June…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
New dwelling approvals are still falling short – whilst up 6% on last year – they remain lacklustre. Some 168,000 new dwellings were approved over the past twelve months, most of which (110,000 or 65% were detached houses) and 58,000 were attached dwellings. Nearly half (47%) of the new attached dwelling approvals were townhouses, followed…
CoreLogic’s Home Value Index (HVI) ended the year on a negative note, with values down -0.1% nationally over the month after peaking in October and holding flat in November. Although the national house price may have dropped for the first time in two years, experts expect the downturn to be shallow and short-lived. The December…
Are you tired of the rat race and eager to discover the secrets of financial success? Have you wondered what the rich do differently to become…rich? As I was thinking about my presentations for Wealth Retreat this year, I looked back to see what common threads the successful property investors and business people who came…
When we talk about success, luck often comes up as a factor that can make or break a person’s journey. Many people think of luck as some random, mystical force—something entirely out of our control. But what if I told you that there are different types of luck and that you can actually influence the…
To help you in making this a great year, I’d like to share with you the importance of having a growth mindset. I want you to think back…way back in time. Go back to the days when you were a child. You there? Now, I want you to think about what you didn’t know as…
Our property markets grew strongly last year with many locations enjoying double-digit capital growth, and they’ve started 2024 firmly, in part due to the lack of supply of A-grade homes or investment-grade properties for sale. And this is starting to show itself as FOMO (fear of missing out) – when homebuyers and investors are scared…
