Brisbane was Australia’s strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30+% house price growth. And as growth slowed in other parts of Australia, Brisbane’s housing markets continued to perform strongly in the first half of 2022, even despite the devastating floods earlier in the year. Also unlike the two other…
Property prices surged across the country as the pandemic boom, driven by ultra-low borrowing rates and high demand, with some areas seeing an uptick in prices by as much as 69%. But now the heady heights of the pandemic boom have eased – the Reserve Bank is swiftly hiking rates, pushing many would-be buyers off…
It’s been an interesting few weeks full of economic news which has led to a lot of uncertainty about the future of our economy and our property markets. If you’re a regular listener you’d know that once a month I catch up with leading economic commentator Pete Wargent for these Big Picture podcasts when we…
The way property is bought and sold has changed a lot in Australia over the past few decades. Not only have we seen listings move from shop windows to online portals, but buyer’s agents have become a growing part of the sector, too. While they have been a part of the profession in the US for…
When it comes to residential property management, there are several rules and laws that must be followed in order to ensure landlords don’t end up facing a cantankerous residential tenancy tribunal judge. One of the areas that can create confusion is lease renewal and the termination of tenancies. This is why it’s so important to…
We all know that money can’t buy happiness. If you’re unhappy before you make a lot of money then extra cash isn’t going to suddenly change your outlook on life. I have written in the past about people who win the Lotto and the fact that many of them end up losing their fortune. They’re…
With interest rates rising, is now the time to shift your focus to cash flow? It is understandable as the cost of holding an investment property increases the more interest rates rise. For the best part of a decade, this has not been much of a concern for the average investor, with interest rates at…
You’ve probably seen scenes like it on a late-night police reality show. Officers storm into a property and uncover marijuana plants, hydroponic lighting set-ups and a cache of guns and cash. But what if you had to do a double-take when you realised that the front door they just broke down belonged to your very…
Is the Australian rental market heading to more challenging times? According to REA’s senior economist, Eleanor Creagh, “a perfect storm is brewing that will likely see the already stretched rental market placed under further strain, causing prices to climb higher.” In fact, right now, the labour market is under intense pressure, with the unemployment rate…
Our property markets couldn’t look more different from this time last year if they tried. Gone are the frenzied buyers gripped by FOMO, housing markets where prices rose by $1200 a day, and auctions that routinely finished millions of dollars over their reserve. Last year’s scenario of never-ending price rises has been replaced by rapid-fire…