Is this what you call Capital Punishment? The NSW Department of Planning has revised up its population projections, though not for everywhere, with Sydney attracting a greater headcount at the expense of the state’s regions. The population of the harbour city is now expected to rise to beyond 7.1 million by 2041, which is notably…
Confession: I am a nosy house guest. I won’t rummage through your drawers, but I will scan your book collection, wall art, tchotchkes, kitchen appliances – you name it –silently piecing together your identity. Whoa, you have a Chemex? You appreciate good coffee and must have a sophisticated, cultured palate. Wow, a window full of…
Bills may be forced to take a backseat this Christmas, as millions of Aussies struggle to make ends meet according to Finder. A recent survey of 1,047 respondents revealed that over one in three (36%) Aussies say they’ll be unable to afford basic necessities over the holiday period. Around 13% say they’ll struggle to pay…
If you are confused by the abundance of advice out there on how to get into the property game, perhaps it is better to start with the hazards to avoid. Having guided investors for many years now I’m privy to the mistakes that many beginning property investors make – and interestingly, they can generally be avoided…
![[Podcast] Here’s what 1,800 investors think is going to happen to property in 2020](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/11/MY-podcast-153-What-1800-investos-will-do-270x200.jpg)
When you look back on 2019, it’s going to be a watershed year for property, a year of two halves. At the beginning of the year everyone was very nervous about the future of our property markets. At the end of the year there’s so much more optimism. Of course, there are still some economic…
Whether prestige or blue-collar areas, there are some suburbs where owners just don’t want to let go of their prized possessions. Many of them are run-of-the-mill family homes in suburbia while others are palatial estates in grand surrounds, but the one thing they have in common are holding periods well over 20 years. During the…
A recent decision by Brisbane City Council to restrict townhouse and similar ‘missing middle’ housing product to areas actually zoned for it has been met with hostility from some parts of the urban planning community. It has been exaggerated as a “total ban” and labelled variously as “terrible news,” a “huge mistake” and “a disgraceful…
First home buyers will need to move quickly if they wish to benefit from a new government deposit scheme. The Federal Government’s First Home Loan Deposit scheme comes into effect on 1 January next year. The caveat is that there are only enough funds to help about 10,000 first home buyers, which means it really…
The number of first home buyers in Australia is growing, partly due to the slower market conditions in Sydney and Melbourne and less competition from investors. In fact, according to the Australian Bureau of Statistics, the number of first home buyer commitments as a percentage of total owner-occupied housing finance commitments rose to 17.6 per…
If you occasionally stress over money, you’re not alone. Only 51 percent of Americans said they were financially secure, according to the March 2015 Pew Survey of American Family Finances. Fifty-five percent of respondents reported either breaking even or spending more than they make each month, and 33 percent indicated they had zero savings….
