Have you considered what might bring this property cycle to an end? Our property markets have certainly shifted up a gear in the last few months and are swiftly gathering momentum. But as they say “all good things must come to an end” So, what will bring our rising property markets to a halt this…
The next Census will be conducted in August 2021, by which time you’d expect economic life has largely settled around ‘a new normal.’ It’s pretty clear that when the data is released on place of work, CBDs will probably have fewer people working in them than the previous 2016 Census, and this may last for…
The vast arsenal of fiscal, monetary, and legal measures used by Australian governments to offset the COVID-induced economic crisis have worked well. They did not prevent a recession (popularly defined as two-quarters of negative GDP growth) but things could have been much worse. What is particularly interesting is that the expected consequences have not shown…
Do you think it’s the right time to buy your next property? I know many property investors and homebuyers do. But the most recent Westpac Melbourne Institute Consumer Sentiment survey published last week showed upbeat general consumer sentiment with house prices expected to pick up further by consumers, yet it was not a wholehearted endorsement…
![[Podcast] Renovations are a great way to lose your money if you make these mistakes | With Greg Hankinson](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/01/MY-podcast-240-Renovation-tips-with-Greg-Hankinson-270x200.jpg)
Have you considered getting involved in property renovations? If so, then today’s show is just for you. Making a tidy profit renovating a property seems like an attractive proposition, doesn’t it? And that’s why more real estate investors are turning to renovations: you know, buy low, renovate cheaply, add substantial value. That’s the aim of…
A court ruling and subsequent law change that sought to stop owners corporations from banning animals from apartments is still being flouted, according to law firm Bartier Perry. Partner Sharon Levy said some owners corporations and strata managers were going to often extreme lengths to ban animals ranging from complex application processes to bullying. Ms….
Australia’s emerging build-to-rent sector is growing — “booming” by some accounts with a 70% jump in value in the past year. Under this model, institutional investors develop purpose-built rental apartments to retain and operate under single ownership. In Australia, it will change how apartments are designed and developed, how we are housed and how our…
![[Podcast] Successful property investors must understand this Big Shift, with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/02/MY-podcast-248-the-big-shift-in-our-cities-270x200.jpg)
As we move through 2021, we’re still getting regular reminders that even though life is more normal, the effects of Coronavirus will be with us for a long time. While some people are still looking back in the rear vision mirror to see what lessons we can learn to give us some guidance for the…
The majority of Australian baby boomers just don’t have enough superannuation for a comfortable retirement and that’s a worry! And the situation has been made worse recently with many Aussies accessing up to $20,000 in their super in 2020 to help provide financial support after facing a sustained period of unemployment or reduced income due…
This week in our Stuff Worth Knowing series we cover detached house sales. Tables 1 and 2 outlines the number of detached houses and median values across the eight capital cities and the other top 20 major urban spaces in Australia. Market size is important. Too often real estate conversations are focused on price and,…
