Property investment is not something you should enter into lightly. But for some reason, that’s what a lot of people who have dreams of making millions with real estate do. They think, “I can go out, buy a house somewhere, stick in some tenants to pay the mortgage and make a killing! How hard can…
Net overseas migration into Australia picked up right across the board in 2018, but especially into Queensland and New South Wales. This was driven by fewer overseas departures rather than more arrivals. Annual overseas migration has temporarily been higher than this before, in 2008-9, but nevertheless it was a thumping rate of growth for calendar…
The number of mature age Australians carrying mortgage debt into retirement is soaring. And on average each mature age Australian with a mortgage debt owes much more relative to their income than 25 years ago. Microdata from the Bureau of Statistics survey of income and housing shows an increase in the proportion of homeowners owing…
![[Podcast] All you need to know about investing in commercial property](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/06/MY-podcast-98-Commercial-Watermark-270x200.jpg)
Have you thought about investing in commercial property? You’re not alone — faced with the prospect of more moderate returns from their residential property investments, many investors are considering this as an alternative. By this, I mean offices, shops or warehouses. In today’s podcast, I’ll be exploring the benefits of investing in commercial property, as…
Work is crazy, your schedule is crazy, and you feel like you’re going crazy. You attempt to buy your way to calmness, so you hit up your favorite store or you hit the BUY NOW button online. Somehow, you feel a sense of satisfaction. Relief, even. We’ve all been there. Impulsive spending is certainly nothing…
![[Podcast] How to pick the turning point in our property market | Lessons learned from past property downturns?](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/06/MY-podcast-106_Turning_Point-270x200.jpg)
Do you want to know when our property markets are going to bottom out? Think about it…it wasn’t that long ago that the media was telling us that we’re in for even further property price falls. But look what’s in the media today. Many people are asking how to pick the turning point in the…
![[Podcast] This demographic Tsunami will change our property markets – Pete Wargent | 7 Signs of a shonky property guru](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/06/MY-podcast-100_-Pete-Wargent-_Demographics-270x200.jpg)
There are so many predictions about what’s going to lead to property price growth in the future. Today with Pete Wargent, I’m going to explain to you a demographic tsunami that’s going to change our property markets, and one that you really must understand if you want to own the sort of property that’s going…
They say age is just a number, but in the demographic world it’s more than that. The age structure explains a lot about how populations grow and change. Furthermore, the story around many social indicators are enhanced when age is considered. This blog will look at some of the social data released via the Census,…
Despite the lowest home loan rates in decades, more Australians are falling behind in their mortgage repayments. The head of the Reserve Bank’s financial stability department, Jonathan Kearns, explained that… “The share of banks’ housing loans in arrears is now back around the level reached in 2010, the highest it has been for many years,”…
In the lead-up to the recent Federal election the Coalition announced the First Home Loan Deposit Scheme. The scheme will provide up to 10,000 loans to first home buyers each year and will offer first home buyers better access to finance without having to save a 20% deposit. Additional details about the plan include: The…
