When it comes to offering opinions on the state of Australia’s housing market, many commentators like to compare cities with cities. It might be a case of “Brisbane rising quickly” while “Perth takes a breather” or “Melbourne’s housing market remains flat”. The comments are applied to each city in its entirety, rather than checking what’s…
When it comes to property investment, many investors and buyers become obsessed with the idea of timing their property purchase with the view that buying at the bottom of the market for the cheapest price is a formula for property success. And considering the current property market conditions, this seems more prevalent than ever. But,…
Over the past two decades, the average growth in the median house price across the top five capital cities has been 5.3% p.a. This rate is considerably lower than the preceding 20-year period from 1983 to 2003, during which median house prices grew by 8.7% p.a. This significant difference in growth rates has substantial implications…
Believe it or not, we’re almost half way through 2024, and our property markets are surprising many on the upside. Of course, each year brings its own set of wins, challenges, and lessons to learn and looking back at last year – 2023 – this was certainly no exception. So it’s a good time to…
What approach are you using to make the vital decision of investing in the property market? In my mind, there are two approaches that I use when researching and analysing data in order to make an educated and informed decision. While both methods are important, the data used for each process will differ according to…
Have the Perth and Adelaide housing markets peaked? And if so, where will we find the next boom markets? The answer lies in who is doing the buying and selling. Experts commonly refer to a city’s median housing price when describing its performance, but this is misleading. The median price lumps all buyers and sellers,…
Australia is full steam ahead through the next phase of the property cycle, but supply issues continue to weigh heavy on the market. The lack of available properties is a market-wide issue, but there are some suburbs where homeowners are holding onto their properties for a record length of time. Meanwhile, in other areas properties…
It’s well known that Sydney is one of the best cities in the world to live in, but also one of the most expensive cities in the world. After booming through 2020 and 2021 with prices rising by 27.2%, Sydney housing values fell -12.4% from their peak in January 2022 through to the recent trough…
2023 was really a year of confusing economic signals, mixed real estate messages and bewildered investors. And 2024 is turning out to be much the same. In other words: the perfect environment for strategic long-term real estate investors. And just like those who took advantage of the property markets 12 months ago found their properties…
Sydney’s housing market has shown robust growth since the early 1980s, with the median house price doubling approximately every decade during this period. In fact, several suburbs have delivered above-average growth. Melbourne has experienced comparable growth rates over the last 40 years. However, in contrast to Sydney, property in Melbourne tends to be more affordable,…