Is Queensland the new darling of Australian property investors? For the first time in history, Queensland has overtaken Victoria as the second-largest property investor market in Australia, trailing only New South Wales. According to an analysis by Money.com.au, investor loan numbers in Queensland are growing at nearly five times the pace of Victoria’s—24% annually compared…
After 21 months of growth that pushed values up 14.3%, CoreLogic’s national Home Value Index (HVI) has finally recorded declines. After peaking in October, the national index steadied in November (-0.01%) and recorded a -0.1% decline in December. The start of a cyclical downturn is unsurprising, as monthly home value growth has slowed since June…
The allure of Australian real estate continues to captivate international buyers, with property searches from overseas increasing slightly compared to the same time last year. While the overall numbers have grown, interest from individual countries has shown some fluctuation, reflecting global economic conditions, political developments, and seasonal trends. Let’s take a closer look at the…
New dwelling approvals are still falling short – whilst up 6% on last year – they remain lacklustre. Some 168,000 new dwellings were approved over the past twelve months, most of which (110,000 or 65% were detached houses) and 58,000 were attached dwellings. Nearly half (47%) of the new attached dwelling approvals were townhouses, followed…
To help you in making this a great year, I’d like to share with you the importance of having a growth mindset. I want you to think back…way back in time. Go back to the days when you were a child. You there? Now, I want you to think about what you didn’t know as…
Our property markets grew strongly last year with many locations enjoying double-digit capital growth, and they’ve started 2024 firmly, in part due to the lack of supply of A-grade homes or investment-grade properties for sale. And this is starting to show itself as FOMO (fear of missing out) – when homebuyers and investors are scared…
Today I’d like to discuss a few things that never change in a world that never stops changing. And that’s because the things that never change are the most important things to pay attention to. However, change gets the most attention because it’s exciting, it’s surprising, it’s something that the media can comment on. I…
2024 was an extraordinary year for Australia’s property market! While housing prices have kept climbing in most parts of the country, the pace has shifted gears. Poor affordability, higher interest rates, and a surge in the number of homes for sale have all conspired to slow price growth. Meanwhile, the rental market is showing signs…
Rental markets finished the year on a softer note, with the national rental index up just 0.1% in the month of December to be 0.4% higher through the December quarter and 4.8% higher over the calendar year according to Corelogic. Source: Corelogic January 2025 CoreLogic’s research director, Tim Lawless, said:. “This was the smallest December…
Forget investing in the share market, bonds, or even gold. And definitely avoid crypto! Whether it’s planning for retirement, simply building your wealth, or planning to leave a legacy for future generations, here are 9 reasons why the residential property market is the best place to invest your money. 1. You have “control” over your…
