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…
I am showing my age but when I read about rapidly rising house prices, I think here we go again, more BS about a housing bubble. In recent months house price rises have paralleled those that occurred in the late 1980s – the monthly rise of 2.8% in March was the strongest jump in house…
One of the most prominent trends in Australian housing markets over the past 12 months has been the deterioration of rents in inner city apartment markets across Sydney and Melbourne. At the greater capital city level, rent values have fallen -4.9% across Sydney units since March last year, while Melbourne unit rents have fallen -8.2%….
Aspiring homeowners now need a six-figure deposit to purchase a property, according to staggering new research. According to Finder’s First Home Buyers Report 2021, which surveyed 1,028 first home buyers, 11% now require more than a decade to scrape a deposit together. This comes as ABS data from January 2021 shows that the average deposit…
If you are serious about growing a very significant property portfolio and establishing a real “property investment business” – I’ve got some great tips for you today. And if you’re not sure what I mean when I say “treat your property investing like a business” or how you do that or even why it’s important,…
