![[Podcast] Here’s why we’re going to have a ripper year in property + Housing Market Forecasts for 2021 with Dr. Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/01/MY-podcast-249-property-forecasts-for-2021-270x200.jpg)
With interest rates near zero, Australia’s economy rebounding, and pumped with massive amounts of stimulus, and the coronavirus all but eradicated from our shores, our property markets are looking healthy and starting the year off on a strong footing. The stats show that after the nation went into lockdown last year, national property rates fell…
The value of home loans settled in the month of December has hit another record high, thanks to record-low rates, generous government incentives and borrowers’ fear of missing out. Data out today dovetails with CoreLogic’s national home value index, which are now above pre pandemic levels and hit a record high in January. The…
It seems that everybody has been making predictions for our housing markets for 2021 and they’re all extremely positive. While on the one hand I love to hear this, on the other hand I’m always concerned when everybody thinks the market is going to perform in a particular way as we’ve seen how wrong consensus…
Australian median house prices have hit record highs new in every capital city bar Darwin and Perth. According to Domain’s House Price Report for the December quarter latest median house price in Sydney now sits at $1.21 million. Melbourne’s property prices have staged a massive comeback, rising 5.3 per cent in the last three months of 2020,…
While property values showed resilience through the difficult Covid19 induced property cocoon of 2020, the rental markets in certain parts of Australia were hit quite hard. Sydney unit rents have recorded their steepest drop in more than 15 years according to the latest Domain Rent Report , with the largest percentage drops for apartments in Sydney’s CBD…
It’s official. Our property markets are on the move and will perform strongly in 2021. Last October in our regular Property Insider videos – we announce that Australia’s property markets had turned the corner after being put on pause by = the coronavirus induced lockdowns which caused “the recession we made us have.” But now…
Some jobs will disappear and others will emerge as the world faces a dual disruption. The World Economic Forum’s Future of Jobs Report 2020 comes at a crucial juncture for the world of work. The report, now in its third edition, maps the jobs and skills of the future, tracking the pace of change based…
Today’s tighter lending criteria means the chance of borrower rejection is higher now than it has been for a long time. Last year, banks made a number of changes in response to growing credit quality risks, leaving many Australians facing a tougher hurdle to get onto the property ladder, or even to refinance an existing…
![[Podcast] 16 Things I wish I knew when I first started investing - Summer Series](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/12/SS.7-16-Things-I-wish-I-knew-when-I-first-started-investing2-270x200.jpg)
I’m often asked what are the big lessons I’ve learned from investing in property for close to 50 years? Probably the most important lesson I think we can learn is that the market is driven not only by the fundamentals but also by the irrational and erratic behavior of an unstable crowd of other investors…
Investors are being warned against buying property in 10 ‘danger’ suburbs across Australia due to an oversupply of new developments. RiskWise Property Research has identified the key areas in Australia most at risk of high settlement and cash flow risk and warns that COVID-19 has only exacerbated the high degree of risk associated with off-the-plan…
