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…
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…
Playing monopoly was a tradition in our family for a long time. Unfortunately, the game doesn’t come out as often these days – I guess I don’t play board games much anymore. In the good old days, I played Monopoly with my parents when I was young, with my children when they were young, and…
Australia’s population just ticked past 28 million people, and the timing tells you everything you need to know about the forces driving our property market. Back in 2003, the ABS published its official population projections and forecast that Australia would reach 26.4 million people by the year 2051 – assuming net overseas migration of around…
Turn on the news or check out social media morning and you’d be forgiven for thinking the property market is on borrowed time. Interest rates, housing affordability, cost of living pressures, geopolitical tensions and now the budget change – the list of worries seems to grow faster than property values. Yet, after watching markets move…
Last week, I had the privilege of attending a transformative five-day retreat on the stunning Gold Coast and today, and today I’d like to share some important lessons from Wealth Retreat. The experience was not only about property investment but also encompassed essential themes like tax strategies, mindset development, and business insights. It was an…
For investors, Australian housing is a low-yielding asset class. The gross yield measures annual rental income (before expenses) as a proportion of a property’s value. Across the combined capitals, the gross rental yield was tracking at 3.45% in May, a little higher for units at 4.47% and lower for houses at 3.12%. Gross yields tend…
After three consecutive rate hikes, Australia’s largest bank is now saying the RBA is most likely done tightening – and that’s worth paying attention to. CBA economists expect the cash rate to remain on hold for the rest of 2026, following the RBA’s decision in May to lift rates to 4.35%. CBA Head of Australian…
