Property investment can be an exciting way to build your assets, grow wealth and increase cash flow. But while many investors start out with the best intentions, only a few will ever make it to the top of the property investment ladder. Why? Some make some wrong decisions, others take bad turns. To help…
Many people blame a lack of available money in their bank account for their financial problems. It makes sense, doesn’t it? Money is the fundamental component of material wealth. But, the lack of money is not the problem. It’s merely the manifestation of a number of bad habits and bad beliefs that hold people back…
If you want to understand what’s happening in our housing markets around Australia Domain have just released their latest house price report. Combined capital house and unit prices experienced another quarter of gains, marking the sixth consecutive rise for houses and the fifth for units, and reaching new records. Here’s a summary of the Domain…
Typically, you need a budget of circa $1.5 million to purchase an investment-grade house (investment property) in Melbourne, less in Brisbane, and a lot more than $1.5 million in Sydney. Of course, not everyone can afford this budget, so I wanted to discuss how to buy the highest quality property possible within your budget. This…
New unemployment figures paint an uncertain picture for borrowers, businesses, and investors, but one key question continues to confound many commentators: Why isn’t our jobless rate higher? For the five years before the pandemic, Australia’s national unemployment rate ranged between 5 and 6 per cent. It spiked to 7.5% in mid-2020 but has been between…
Do you believe in luck? Interestingly many of those who have been unsuccessful in life believe that wealthy successful property investors “got lucky”. You know…they entered the market when prices were cheaper, or finance was easier, or maybe the market did all the hard work for them. I guess that’s because it makes them feel…
The Australian rental market for housing appears to have eased over June 2024 with a rise in the number of vacant rental properties across the nation. The number of rental vacancies rose by 4,845 dwellings to stand at 40,486 vacant rental dwellings, representing a vacancy rate of 1.3%. Sydney recorded a rental vacancy rate of…
Which dynamics predict future property performance? Despite the obvious importance of making accurate property market forecasts, the industry is rife with ineffective and even inaccurate prediction methods. So let’s look at the three key dynamics that predict which way prices are likely to move. Experts utilise many different performance theories and metrics to make their…
June 2024 recorded a dramatic 8.3% decrease in nationwide residential property listings, bringing the total to 231,799 properties, down from the 252,757 recorded in May 2024, according to data from SQM Research. Notably, all major cities experienced a decrease in their listings from the end of the financial year affected month. Following on from the…
In recent weeks I have noticed something interesting when speaking with potential clients. More specifically those who are existing homeowners and perhaps have one or two investment properties. Their homes have performed strongly on most occasions, but in many cases, their investment properties have struggled and in some cases, fallen behind. It got me thinking,…
