It’s official: Australia has staged its fastest recovery from a recession in 45 years. Australia’s economy is now larger than before the coronavirus pandemic. The latest figures from the Australian Bureau of Statistics show that Gross Domestic Product (GDP) grew 1.8 per cent from January to March this year. The economic activity made up for…
We know that much of the housing market’s current heat is being driven by cheap money, easy finance, and recent government incentives. Owner residents and especially first home buyers have led the charge, with investors now joining the fray. New construction has been the big winner and, in this space, detached houses are beating attached…
It was widely expected that last year’s lockdowns, social distancing, and working from home rules would motivate many people to seek refuge in clean, green, covid free and more affordable regional areas. The latest housing market figures from CoreLogic (for March 2021) however, show that this exodus has not occurred. For the first time in…
If the key to success is about knowing when to hold ‘em and when to fold ‘em, how do you apply this to your property investment strategy? Sure perseverance, hard work, determination are are all admirable qualities. But when it comes to success in life – be it in your personal relationships, career, or even property…
Home rental markets have continued to tighten over April with clear trends now emerging of a sustained reduction in the record-high vacancies of Sydney and Melbourne inner-suburban and CBD apartments reported over the past year. In fact, there is a shortage of houses for rent in many parts of Australia. This critical undersupply of rental…
As national house prices continue to climb, it seems that more Aussies not convinced that now is a good time to buy property. That’s the findings of Finder’s Consumer Sentiment Tracker (CST), the largest chronological consumer survey in Australia, which has now been running for 24 consecutive months. Home buying sentiment is low Surprisingly, Finder’s…
CoreLogic today announced its estimate of the total value of residential real estate in Australia has reached a new high of $8.1 trillion. The surge in value follows the recent broad-based capital gains witnessed across the country, with many markets now at new peak levels. CoreLogic data shows in the three months to April, national…
Just because you’ve taken the leap from homeowner to property investor, doesn’t mean your financial fortune is assured. In fact, despite our strong property markets, it doesn’t even mean that you will start making a profit in the short term, or that you are on your way to owning a sizeable portfolio. The reality is…
There are a number of reasons why a person may want to invest in property, but they never actually get around to it. They have all the best intentions and they really, truly want to take action. They do the research. They listen to podcasts, attend the webinars and buy the courses. They get educated,…
Early last year the banks, economists and other analysts were wringing their hands, predicting economic gloom and claiming that our property markets were about to crash. Analysts and economists often rely on past performance to help them make predictions, so when the pandemic hit our shores, they scoured the history books to check what had…
