We can expect interest-only (IO) lending to increase over the year ahead as investors come back into the market. Despite this, with more and more IO loans continuing to expire the stock of IO loans outstanding continues to decline. By March 2021 only 14 per cent of the outstanding housing loan stock by value was…
The fear of missing out is one of our most powerful survival instincts, but in our modern societies often leads to seemingly irrational behaviour. Remember those crazy supermarket scenes early last year as people stampeded and fought each other to buy a few rolls of toilet paper? More recently it’s been happening in the property…
The proportion of landlords negatively gearing rental properties has fallen below 60 per cent for the first time on record, reflecting a decline in interest rates. Of course, negative gearing isn’t an investment strategy – it’s just a reflection of your funding and cash flow at a particular time. New data published by the Australian…
Nation housing loans increased again over April thanks to the ongoing revival in investor activity that has clearly consolidated over recent months. The ABS reports that the total value of residential lending over April seasonally adjusted set yet another record at $36.1bn, an increase of 2.8% over the month and the sixth consecutive increase inactivity….
Sydney homeowners could earn more than double the average annual wage by the end of the year if economists’ house price predictions come true. Corelogic’s latest home value index showed Australia’s property boom continues to roll-on while housing values lifting another 2.2% in May alone. Home values grew stronger in May than they did in April…
Why Australian GDP has reached the pre-pandemic level so promptly? Do we have any reasons to be optimistic about future economic growth? These questions have been recently answered by Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP in his recent Insight. The recovery has slowed but continues The March…
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…
