If you had $1 million to spend on property investment in Australia today, where would you invest it? What location would you buy-in, and why? And what about if you only have $500,000 to invest? Where is the best place to buy an investment for this budget? And by the way… is real estate still…
Have you heard the horror stories about unsuspecting property buyers falling victim to redirection scams? They buy a property and secure the deal by transferring their entire hard-earned house deposit to what they think is a conveyancer or real estate agent. By the time they realise it’s in fact a scammer hacking email accounts it’s…
For the first time in 11 years, the RBA increased rates and we’re still expecting them to increase sharply over the rest of 2022. We already know that there’s a slowdown in-home price growth in part due to affordability issues, concerns with overseas geopolitical tensions, an upcoming election, and rising inflation, but no doubt exacerbated…
In my book, Investopoly, I outlined 8 investing rules that if followed, will help you build wealth and avoid making costly mistakes. These 8 rules are evidence-based which I have refined over the past 20+ years. Rule number one is; to play the long game. Arguably, it’s the most important rule because I’ve observed that this is…
The Reserve Bank of Australia is under increasing pressure to raise the cash rate after headline and underlying inflation posted a stronger than expected result in Q1. Concerns about the impact of inflation and potentially rapidly rising interest rates on the property market abound, but a myriad of micro and macro factors should be considered…
We know the once in a generation of property boom Australia experienced last year is now over. But what’s really happening to property values now? The new PropTrack Home Price Index, released this month, reveals trends in price growth across the country. In a recent article Proptrack economist, Paul Ryan explained what’s happening on the…
I watch changes in consumer sentiment carefully because when consumers feel financially comfortable and wealthy they spend more and this helps the economy move on. And when consumers feel less confident they put their hands in their pockets and don’t make big financial decisions and in general spend less and in some ways this is…
Our rental markets are on the move. CoreLogic’s recently released Quarterly Rental Review shows the national rental index increased 1% over the month of March and 2.6% over the March quarter. Continuing the trend seen since the onset of the pandemic, regional dwelling rents outpaced growth in capital city dwelling rents over the quarter, with…
Believe it or not, we’re a quarter of the way through 2022. If 3 months ago I would have told you we would have a war on the other side of the world that could escalate to disastrous proportions and cause tremendous humanitarian distress, you wouldn’t have believed me. What if I told you there…
The global pandemic has catalysed remarkable shifts in the Australian housing market. From the temporary shutdown of cities to an unprecedented monetary policy strategy, the new-found popularity of regional and low-density housing preferences, and the introduction of various government home-buying incentives, the COVID period has had distinct impacts on the composition of buyers and the…
