Unlike some of Australia’s other major cities, Melbourne’s house values were severely impacted by the state’s extended Coronavirus lockdown in 2020. But while the state’s property market suffered a dip, since late October, the Melbourne market has rebounded strongly. And there is still plenty of growth and opportunity left. In fact, I think the city…
Have you ever wondered how you get started in property development? I’ve recently noticed a trend in budding developers – they are looking for an overview of the property development process and they want it in a simple and accessible way. It’s probably in part because many of the property markets around Australia are flat…
Where are the best locations to invest in Sydney property in 2021? The Sydney property market is forecast for strong growth in 2021-22, but as always, not all Sydney suburbs will perform the same, and if history repeats itself some properties will increase in value significantly over the year, (with some exhibiting double-digit capital growth)…
Do you understand what your strategic advantage is as a property investor? More importantly, do you know how to use it to your advantage? By understanding more about your strategic advantage, it could dramatically change the way you plan to invest. Not only that, but it could also significantly fast track and enhance your results!…
In Australia today, how much can you expect to spend when building a house? Without sounding trite, the answer to this could be summed up with that frustrating yet often accurate phrase: how long is a piece of string? There are a number of different factors that can impact the cost of building a house,…
When it comes to property investment, there’s no shortage of information available about what budding investors should do in order to ensure success. But perhaps more important are the pitfalls to avoid so you don’t become a statistic of the property game. While many investors start out with the intention of making it big in…
Wouldn’t it be great to know what’s ahead for our property? Currently the future looks a little uncertain as we move our way out of the Coronavirus induced recession, and most commentators seem to fall into one of two camps: One group suggests we’re in for a period of slower growth, but basically the long-term…
Melbourne dwelling values have surpassed their earlier April 2020 peak by 0.2%, according to CoreLogic’s daily hedonic home value index. It had only been a matter of time before the recent strong capital gains in housing values-led Australia’s second-largest city to move to new record highs. Reflecting what we saw in Sydney earlier this month,…
Skyrocketing property prices and surging demand in the luxury property markets are expected to push many Australian suburbs into the multi-million dollar zone in 2021. In fact, according to the latest REA Insights report, the number of suburbs in Australia with a median property price over $3 million, doubled in 2020, and we should expect…
There are many explanations for the current housing market boom, such as lower interest rates, relaxed borrowing rules, buyer grants, building incentives, stamp duty waivers and tax cuts. But while these have all contributed in some way to the rise in buyer demand, they don’t explain the dramatic increase in the number of potential buyers,…
