How should you choose the location of your next investment property? And what are the floods going to mean for Brisbane property values? Those are two of the questions we answer in today’s question and answer session with Brett Warren. In the end, you’re going to learn a little about how we put our strategic…
Australia’s third largest home loan lender, NAB, has today hiked fixed rates for the fourth time this year. NAB has made its fourth round of fixed-rate hikes for 2022, with the major bank increasing rates by up to 0.60% for owner-occupiers and 0.80% for investors. The major bank has increased owner-occupied rates by 0.60% for…
Australia’s sky-high property prices, low supply, high demand and an impending cash rate increase are putting pressure on an already tight real estate market. Australia’s property prices increased at a record pace in 2021 with Domain’s most recent quarterly house price report showing that the national median house price surged 25.7% and units by 7.7%…
News that the Federal Government plans to expand its home loan guarantee scheme to allow more first-home buyers to step into the market without a 20% deposit or lenders mortgage insurance (LMI) was likely music to many people’s ears. And it should be good news. Because using the government’s First Home Loan Deposit Scheme, now…
High prices, low supply, and rocketing demand mean Australia’s housing affordability is now among the worst in the world, according to a new report. The 2022 Demographia International Housing Affordability report ranks Sydney in second place for being the least affordable housing market internationally – only behind Hong Kong – with several other Australian cities…
Since the coronavirus pandemic hit our shores, Australia’s property market has grown at an unprecedented rate. Closed borders, economic stimulus and low mortgage rates have driven demand for property sky high, pushing prices out of reach in many suburbs across the country. As lockdowns continued and the work-from-home trend became more permanent, many people flocked…
Last year was an extraordinary year for Australia’s housing market – around 98% of locations around the country recorded an increase in the median property value, with many of those values surging by more than 20%. Data from the Australian Bureau of Statistics (ABS) confirms that the total value of Australia’s 10.8 million property portfolio…
Since the coronavirus pandemic hit our shores, Australia’s property market has grown at an unprecedented rate. Closed borders, economic stimulus and low mortgage rates have driven demand for property sky high, with prices following suit. But now things are changing. Vaccination rates are high, lockdowns look set to be a thing of the past and…
In the last couple of years, I’ve lost count of the number of times that I’ve been told that population forecasts are useless because of the impacts brought about by COVID-19. Certainly, I’ve written many blogs that describe the demographic impact of the pandemic, but does this render population forecasts useless? We do live in…
Saturday has traditionally been the busiest day in real estate, with open houses and auctions nestled in between soccer matches and lazy mornings. Holding property auctions on a Saturday was traditionally dictated by the typical working week, providing very little time between the standard workday, the daycare and school run, and our everyday hectic lives….