CoreLogic’s national Home Value Index (HVI) posted a 0.6% gain in February, the 17th consecutive monthly increase in the national HVI. While housing values are generally rising, the pace of growth in the national index has trended downwards since April last year. February’s growth of 0.6% marks the lowest monthly growth reading since October 2020…
Australia’s top 30 most expensive suburbs to rent all have one thing in common — they’re all located in Sydney. According to the most recent data by Corelogic, the Sydney harbourside suburb of Vaucluse is Australia’s most expensive place to rent a home with the median weekly rental costs sitting at a whopping $3,308. Balgowlah…
Another week, another fresh take on where the housing market is going. This time it’s from the ANZ, which expects overall house prices in Australia to increase by 8 per cent this year, up from its earlier forecast of 6 per cent. However, the bank is now expecting larger house price falls across the capitals…
CoreLogic’s national measure of housing values rose by 1.1% in January, up 10 basis points from the December result, when the national index was up 1.0%. Five of the eight capital cities recorded a modest uptick in the monthly rate of growth, including Melbourne, which had posted a slight decline in values in the previous…
We are moving into the next stage of the property cycle. After just over a year of very strong property price growth, where the value of many properties around Australia increased by more than 20%, our real estate markets are now facing some headwinds. Affordability is starting to price some buyers out of the market…
Today I wanted to share my top wealth creating insights. Ones I learned from our premier property training event – our 5-day Wealth Retreat. You see… As I start preparing the curriculum for this year’s event that will be held on the Gold Coast in April this year (this will be a great event as…
After a bumpy 2020, 2021 has rewritten the property record books. From property price growth to interest rates, to new home buyers, to refinancing – no matter which way you look records have been broken. After 2020, a year fraught with the effects of the global COVID-19 pandemic that wreaked havoc on world markets, forcing…
There seems to be a disconnect between what is myth and reality when it comes to the number of investment properties that people own. We sometimes hear about “greedy” investors who own dozens of properties when this is not really borne out by the facts. Did you know that about 70 per cent of investors…
Hindsight is a wonderful thing, isn’t it? Let me ask you a question… With the benefit of hindsight and knowing what you know now if you had the opportunity to do so, would you have bought an investment property 40 years ago? I bet your answer would be yes realising that the median property price…
Each year brings its own set of wins, challenges, and lessons to learn and 2021 was certainly no exception. It was an extraordinary year wasn’t it? Looking back to this time last year, we thought we had this Covid “thingy” licked didn’t we, but look what then transpired. Nobody could have foreseen all that’s happened,…
