What’s ahead for our housing markets and interest rates? While the Reserve Bank has delivered three interest rate cuts this year, I know many mortgage holders were hoping for a rate cut again in September – but that now seems off the cards with not only inflation rising, but Australia’s economy growing 0.6% in the…
National asking prices rose across all property types, with houses leading the charge, according to SQM Research’s Weekly Asking Prices Index for The national average asking price for houses climbed to $1,296,482—up 2.25% from the previous week and 6.9% year-on-year. Units followed suit, rising 1.53% weekly and 6.8% annually. Sydney recorded the sharpest weekly increase…
Want to know what’s really happening with property prices right now? Every month, investors, homeowners, and would-be buyers turn to the latest median property price data, hoping to make sense of what’s happening in our housing markets. And while the numbers give us important clues, they don’t tell the full story. Australia’s property markets are…
The widely anticipated decision by the RBA to cut official interest rates over August has added to momentum in already robust housing markets, with most capitals again reporting higher house prices over the August quarter compared to the previous July quarter. The national capital city median house price increased by 0.9% over the August quarter…
Imagine the world tuning in to the sun-drenched banks of the Brisbane River, the roar of crowds echoing through state-of-the-art stadiums, and the global spotlight firmly fixed on Australia’s third-largest city. That’s exactly what’s coming our way with the Brisbane 2032 Olympics, and it’s set to be a once-in-a-generation catalyst for transformation. But this isn’t…
Australia’s inflation story just took an interesting twist. After months of trending down, headline inflation nudged higher in July: lifting to 2.8% from June’s 1.9%. That may not sound like much, but it’s the first rise we’ve seen in the monthly CPI series since late 2024. So, what’s driving it? Electricity prices surged by over…
Rates are easing. Buyer and seller confidence is rising. Auction clearance rates are humming. And now, the Federal Government has decided to throw additional demand into the mix by fast-tracking its expanded Home Guarantee Scheme to October 1. Income caps are being removed, property caps are being lifted (to $1.5m in Sydney, $950k in Melbourne,…
If you own an investment property in Victoria, there are some major changes to the rental laws heading your way in late 2025. And they’re not just tweaks around the edges, these reforms are a complete shift in how the relationship between rental providers (what landlords are now officially called) and renters will work. While…
One of my early investments was a complete loss. I know that doesn’t make for ego pleasing conversation from someone who’s meant to be an investment expert, but it’s the truth. However, I’m keen to tell you the story of how I lost 100% of my invested capital many years ago, way back in the…
In what’s being described as an explosive move, the Australian Council of Trade Unions (ACTU) has come out swinging against property tax concessions, backing reforms that could fundamentally change the way investors approach real estate in this country. They propose to limit negative gearing and capital gains tax (CGT) discounts to just one investment property…