Will Covid Delta derail our property markets? The answer is NO according to the latest ANZ Bank research. Our housing markets remain in very good shape with national house prices continuing to rise strongly, even in Sydney where increasing levels of mobility restrictions have been in place since June. According to ANZ, ultra-low interest rates,…
It’s been a tumultuous year for Australia’s property market. The coronavirus pandemic has caused economic uncertainty, yet a surge in demand and skyrocketing prices for properties in certain locations. While international borders remain closed, the shape of the nation within Australia is changing at a fast pace never seen before in our market. Regional Australia…
Westpac have revised their outlook for the outlook for dwelling values for the balance of this property cycle. Back in February Westpac was one of the first of the banks to do an about face an at that time boldly predicted a 20% increase in values over 2021 and 2022. Since then all the other…
National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. This is the highest annual rate of growth seen across the Australian residential property market…
One of the Australian Labor Party’s (ALP) big election promises in the 2019 federal election was to abolish negative gearing. It would be logical to think that the ALP’s shock election loss in 2019 will serve as a warning for policymakers. That is, banning negative gearing is an unpopular policy. However, I would caution investors…
New housing loan approvals rose strongly in March, up 5.5% over the last month with around 55% of the increase driven by investors. Contributing to the monthly increase was lending to investors, which saw a 12.7% increase from the month prior. This was the 10th consecutive month that the value of new investor lending commitments…
Housing markets are positively fizzing right now. Demand’s riding high, buyers battling it out over a shrinking pool of properties and driving some eye-catching price rises. The March quarter saw a 5.6% jump across the major capital cities, the March month alone posting the biggest gain in 32 years. Sydney dwelling prices rose a staggering…
A surge of Australians looking to buy a property has seen prices soar in some Sydney, Melbourne and Brisbane suburbs over the past two years. Property prices have hit record highs this year and, despite the effects of Covid19 recent Domain Research shows median prices rose annually 6.7% across Sydney houses, 3.9% in Melbourne houses…
A new report released from ANZ Bank predicts house prices at the national level will rise to a strong 17% through 2021, before slowing to 6% in 2022. What a turn around from all the pessimistic forecasts all the banks made in the middle of last year. ANZ senior economist Felicity Emmett said she expected…
If you are serious about building your own property investment business, one that one day will deliver you financial security… If you’re already a property investor and keen to take your property investment to the next level… If you are intent on getting involved in property development…. If you’re looking for a group of like-minded,…
