Recent data from the Australian Bureau of Statistics (ABS) reveals a 0.6% rise in the Consumer Price Index (CPI) for the December 2023 quarter, marking the slowest quarterly increase since March 2021. This brings the annual inflation rate down to 4.1% from 7.8% in 2022, hinting at a potential pause in the Reserve Bank of…
The thing about getting into debt is that anyone can do it! The hard part, of course, is getting out of debt. In fact, many people struggle with even admitting they’re in debt in the first place and bounce from one pay to the next struggling to keep their head above financial water. There are…
Do you want to buy an investment property but don’t have the cash in the bank for a deposit? The good news is, if you’re an existing homeowner, there is a way to have your cake AND eat it. And this is especially the case at a time when Australia’s recent property boom has seen…
I was recently asked to distil my property investment philosophy into a few simple rules. Now that’s a big ask… Distil all the mistakes I’ve made and seen others make, as well as all the lessons I’ve learned and those of the many successes investors I’ve worked with into a view of simple rules. Anyway…here’s…
Now here’s a question for you – what sort of returns can you expect from your property investments over the next decade? In today’s episode, independent financial advisor Stuart Wemyss provides an insightful exploration into what you can expect in the coming years. Unpacking the Next Decade of Property Investment Returns With a deep dive…
The financial landscape will never be the same after the appearance of cryptocurrency, and the potential of blockchain to influence and modify industries, including the healthcare or real estate sector. Due to the security, efficiency, and accessibility, blockchain, which records and verifies transactions, can revolutionize the real estate industry. What can you gain using cryptocurrencies…
CoreLogic’s national median rent value ticked up to $601 per week last month, equating to the median annual rent of $31,252 a year. CoreLogic median rent is based on a current estimate of rent income, describing what the median dwelling in Australia would rent for if you put it on the market at any given…
Homeownership is looking further out of reach for anyone without family wealth, as over the last few years property prices kept growing and wages fail to keep up. Over the last decade or so property prices keep growing and wages failed to keep up and over the last few years affordability seems to have decreased…
As an investment property owner, making strategic upgrades to your rental property pays dividends when looking to boost future sale valuation. Whether you are seeking a profitable flip or simply maximising your long-term rental returns, there are some renovations and feature additions that can make income properties significantly more profitable in Australia. Here are 8…
Like every other year, the commencement of this new year has ushered in a flurry of property market forecasts. Like clockwork, media outlets are abuzz with projections from economists and market commentators, all eager to share their predictions about the trajectory of property prices, rental trends, and the broader economic landscape for 2024. But before…