Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market over the balance of 2021 and into next year? Well… based on how the market has been performing so far it’s likely that will see double-digit Melbourne house price growth in 2021, with…
What’s the outlook for the Australian property markets for the rest of 2021 and beyond? This is a common question people are asking now that our real estate markets are up and running again. A report recently released by ANZ Bank predicts at the national level Australian house prices will rise by a strong 17%…
The Olympics should work as a positive influence on Brisbane housing market conditions. However, with the Games still some eleven years away, the flow-on effects are likely to be gradual and centred around significant infrastructure upgrades and the associated medium-term uplift in jobs and longer-term improvements in transport efficiency. The most significant positive influence on…
The CoreLogic Quarterly Rental Review for June showed a strong uplift of 6.6% in rent values over the year. This follows a decade of relatively subdued annual rent growth, averaging 1.8% since June 2011. The annual growth rate of 6.6% marked the strongest annual uplift in over a decade. CoreLogic data across 88 SA4 markets₁…
As we close in on a post-COVID world, two things have become clear — people don’t need to be in the office as much (if at all) and international migration is going to be uncertain for some time to come. This is particularly problematic for anyone selling inner-city Melbourne apartments. A key demographic for inner-city…
Warren Buffett is known for many things: his reading habits, his philanthropy, his dedication to teaching the importance of money to kids, his business acumen, his wealth, and especially his investing style. He is also known for giving out priceless wisdom that has stood the test of time over the years. After all, who wouldn’t…
![How are our property markets coping with lockdown? | Property Insiders [VIDEO]](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg?quality=70&f=auto "National Housing Market Update [video] | May 2018")
In a time of lockdowns, thinking 40 hours ahead is sometimes a challenge. Now try thinking 40 years ahead. Well, that’s what the Federal Government has done when it recently released its fifth Intergenerational Report. It has taken a 40-year view on where we’ll be in 2061 and forecasts that Australia will be older, smaller,…
With lockdown restrictions tightening across NSW and extending in Victoria, Australia’s banks have rolled out extra support to affected customers. This week our largest bank, CBA, has extended its foreclosure moratorium, which means the bank won’t evict a customer in arrears until at least February 2022. Support being offered by Australian banks Mortgage deferrals (size…
![Corelogic National Housing Market Update [video] | July 2021](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg?quality=70&f=auto "Can you claim previous renovations?")
The housing market ended the financial year on a high note, with Australian dwelling values rising 1.9% over the month, taking housing values 13.5% higher over the year. The highest annual growth rate since April 2004, when the early 2000’s housing boom was winding down after a period of exceptional growth. Each of the…
If you want to become a successful property investor you really need to understand the five levels of investing which is a model I’ve created to explain the progression most investors take in their path to developing financial freedom. Just to make things clear…this has nothing to do with your level of income. I’ve seen…
