As property values increase strongly around Australia at a time when wages growth is minimal, affordability becomes more strained as house prices rose faster than the capacity of the typical household to repay a mortgage. We know that last year regional Australian property values grew stronger than capital city values, but this trend has since…
Land tax is levied on the value of an investor’s landholdings on 31 December each year. It is an insidious tax as any land tax is relatively small when you initially purchase an investment property but typically increases each year. As such, the problem is that it can become quite costly by the time you…
There is a clear relationship — a causation not a correlation — between the annual change in housing finance (when brought forward by six months) and the annual movement in house prices. These two charts help explain the short-term future direction of Australian house prices. Chart 1 suggests that house prices are likely to surge…
Many believed that recurring lockdowns and working from home restrictions would lead to a baby boom, but it’s not in sight – yet. John Lindeman explains why, and what’s around the corner. It seems natural that periodically locking down couples at home and closing public entertainment and recreation facilities would lead to more babies being…
What’s happened to Australian GDP growth in the June quarter? How will vaccination affect economic growth in 2022? These are some of the questions answered by Dr. Shane Oliver, Head of Investment Strategy & Chief Economist, in his recent Insights article. Here’s what he had to say…. Three months ago there was much optimism about…
Sure the property markets are booming around Australia, but the rising tide isn’t lifting all ships equally. And the rising tide has left some locations behind. The latest Domain House Price Report shows that while the property boom rages on everywhere, there are eight areas across Australia where median house prices fell over the past year….
Less than two weeks out from the spring selling season of 2021, lockdown conditions are in place across the ACT, Greater Melbourne, and NSW. More recently, major centres across the Northern Territory have been plunged into a snap lockdown. In the decade prior to COVID-19, sales and listings volumes would typically rise from September to…
The last 18 months have been all about adapting, pivoting, and reinventing in a new way of living, particularly when it comes to business. So what does the future spectrum hold? ServiceNow has partnered with Australia’s leading demographer and business analyst, Bernard Salt AM, to explore the history of Australian ways of working and share…
Sydney’s luxury home market will be world’s strongest prime property market in 2021 according to international property consultancy Knight Frank with prices forecast to rise faster than envisaged just six months ago. However in 2022, Australia’s biggest city, crowned the most improved prime residential market, will share the top spot with London, with both cities…
So, Brisbane got the good news recently — we will host the 2032 Olympic Games! But what will that mean for our property market? If history is anything to go by, home buyers and investors could be in for some strong property gains. CoreLogic has highlighted that Sydney property values jumped 60% between the Olympic…
