Sydney can be a fantastic city to raise a family. Not only is it home to some of the country’s best schools and beaches, but there’s also a world of entertainment right on your doorstep. That said, it can also be an expensive city to live in in terms of housing. You may need a bigger…
Many couples decide to leave expensive, busy cities such as Sydney and Melbourne when they start a family, and Brisbane is a popular choice for those looking for a more relaxed spot to bring up their kids. Brisbane has it all: great weather, greater housing affordability, and plenty of things to see and do. But…
Brisbane’s property market had a bumper start to 2022, even while markets in Sydney and Melbourne were beginning to cool – and only now has price growth shown signs of slowing. Thanks to historically low-interest rates, government incentives, pandemic-induced interstate migration, and historic levels of demand from buyers over the past two years, prices have…
Prices in Melbourne’s property market went backwards in May after the Reserve Bank of Australia raised the cash rate for the first time since November 2010. But median property prices are still high versus household income across most of the city’s suburbs. And that’s thanks to historically low-interest rates, government incentives, pandemic-induced interstate migration and…
Sydney’s property market may be trailing off from its peak, but prices are still exceptionally high versus the average household income in the majority of suburbs across the city. Thanks to historically low interest rates, government incentives, pandemic-induced interstate migration, and historic levels of demand from buyers over the past two years, prices have surged…
Remember all those scary headlines about the “cliffs” we were going to fall off during the Covid pandemic? There was a fiscal cliff, then an interest rate cliff, and there was an unemployment cliff where unemployment would jump to double digits. By the way… no one fell off those cliffs, did they? Well…now there’s talk…
When you think of waterfront properties in Sydney, your mind often goes to well-known beach suburbs like Manly or Bondi. But buying a house in these suburbs would cost you over $4.5 million – which is a price most people just can’t afford. However, waterfront properties aren’t completely out of reach. For buyers and investors…
Australia’s property market has grown at an unprecedented rate over the past 2 years as economic stimulus and low mortgage rates have driven demand for property sky high, pushing property prices out of reach in many suburbs across the country. And as Covid-19 lockdowns continued and the work-from-home trend became more permanent, many people flocked to…
Australia’s economy and our property markets don’t operate in isolation, and Inflation is occurring all around the world, so that’s why each month I take time out to have a look at the big picture, the macroeconomic factors affecting not just Australia’s economy, but the world economy, to help us understand what’s ahead for us,…
One of the most notorious land scams ever experienced in Australia took place on Russell Island, which is located in southern Moreton Bay and is just a short trip by ferry from the city centre. Even though it is technically part of Greater Brisbane, the island was largely uninhabited when some enterprising property developers bought…