For decades, the biggest stumbling block for first-home buyers hasn’t been affording the mortgage; it’s been scraping together the deposit. In fact, many households faced the sobering reality of saving for close to a decade before they could even put their foot on the property ladder. But since October 1, a major expansion of the…
Did you feel a little wealthier lately? Maybe not in your day-to-day spending money, but according to the Australian Bureau of Statistics, you actually are. In fact, Aussie household wealth jumped by 2.7% in just three months – that’s close to half a trillion dollars added to our collective balance sheets. And as always, much…
I’ve got a confession: I’m a terrible property investor. At least, that’s what conventional wisdom would tell you. You see, I’ve committed the ultimate sin in property circles: I’ve sold properties. Not just once, but multiple times. And to make matters worse, I’ve even told other people it’s OK to do the same. According to…
The Australian property market is on the move. After a few years of uncertainty, highlighted by headlines about falling prices and interest rate hikes that made buyers nervous, we turned the corner last year, and property values have been rising ever since. With the Reserve Bank having dropped interest rates three times already this year,…
Don’t expect a rate cut any time soon. The latest CPI figures have put a pin in that. The monthly Consumer Price Index (CPI) indicator rose 3.0% in August, up from 2.8% in the previous month, to the highest level since July 2024. This figure suggests there is meaningfully more inflation pressure in the domestic…
Australian property sellers continued to see strong gains in the June quarter, although the rate of profit-making resales eased slightly from the start of the year. Cotality’s Q2 2025 Pain & Gain report analysed approximately 97,000 resales over the period, revealing 94.8% of transactions recorded a nominal gain in the three months to June. While still…
Median apartment rents are likely to grow by 24% between 2025 and 2030, across Australian capital cities, according to the latest report by International Property Consultancy, CBRE. By 2030, 92% of 2-bed apartments are forecast to have rents exceeding $700/week (33% exceeding $1000/week). CBRE expect that capital city vacancy rates will fall further to 1.1%…
What happens when your dream holiday destination turns into a staging ground for gridlock, sky-high rents, and near-invisible housing options? Welcome to the Gold Coast—a city fighting to catch up with its own popularity. It was once known for its glittering beaches, holiday resorts, and laid-back lifestyle, but today, the Gold Coast has earned a…
In 1966, homeownership in Australia hit “peak home ownership” as 73 per cent of dwellings were owned outright or with a mortgage. That figure has been drifting downward ever since, sitting at 66–67 per cent in recent years, and just 63 per cent at the 2021 Census if you count occupied dwellings only. On the…
If you’ve ever felt that everyone around you seems to be a millionaire these days, you’re not imagining things. According to the latest UBS Global Wealth Report and reported by ABC news, Australia now boasts one of the highest concentrations of millionaires in the world, and much of that wealth is tied directly to property….
