Suburbs with a higher share of owner-occupied homes recorded significantly stronger long-term capital growth between 2010 and 2026, driven by a 34-percentage point performance gap across the unit market, according to new analysis from Cotality of 3,000 suburbs over 16 years. The performance divide is steepest in the unit market, where owner-occupied areas deliver more…
Are you looking to buy a new property or considering purchasing an off the plan property? I know many investors are considering this since the recent federal budget, which leans heavily towards supporting brand-new property. There is also a seductive story being told about buying off the plan or brand new: no repairs, no defects,…
Generally low vacancy rates have eased over June but rents have continued to rise for both houses and units – particularly in Sydney and Melbourne. Sydney was the top performer with house rents surging by 2.9% over the month followed by Melbourne higher by 1.7% and Adelaide up 0.8%. Brisbane, Darwin and Perth house rents…
Cotality’s national Home Value Index (HVI) dropped 0.4% in June, marking the largest month-on-month fall since December 2022. A 1.2% decline in Sydney home values served as the most significant drag on the headline result. Melbourne followed closely with a 1.0% decline, while ACT values fell 0.6%. Every month, investors, homeowners, and would-be buyers turn…
I am often asked what it would take for housing values to fall across Australia in a meaningful and sustained way. My short answer is always the same. Australian dwelling values fall only when borrowing power contracts hard enough, and for long enough, to seriously undermine demand. At its core, this is not a story…
Capital city home prices have continued to fall over June with the monthly rate of decline generally accelerating. The national capital city median house price fell by 0.9% over the June quarter to $1,274,503 compared to the May quarter, according to the latest data from My Housing Market. The June result was the second consecutive decline…
With so much noise in the media, it’s easy to miss some of the key developments that could have a significant impact on property owners, investors and aspiring home buyers. Over the past week, three major stories have emerged that deserve attention. More importantly, they provide valuable clues about where the property market may be…
Buy, renovate and hold is one of my favourite property investment strategies. I enjoy taking a dwelling that’s been a bit neglected and breathing new life into it, making it into a home my tenants will love and want to care for more importantly, it’s a great way of manufacturing equity for my property investment…
Something unusual is happening in Victoria’s rental market, and it has no historical precedent in over two decades of recorded data. For the first time since the Residential Tenancies Bond Authority began tracking bond lodgements, more rental bonds are being refunded than lodged. Put simply, rental properties are leaving the market faster than they’re entering…
There’s a lot of noise in the property market right now isn’t there? Depending on who you listen to, we’re either heading for a property boom or staring down the barrel of a housing market collapse. Social media is flooded with opinions, economists are debating the impact of government policy, and buyers and investors are…
