Melbourne poised for housing market rebound
Melbourne real estate has been hit from pillar to post over the past few years thanks to a combination of COVID-era lockdowns, tax hikes, and changes to legislation. While other cities have been seeing prices rise, Melbourne property has been stagnating. However, a leading economist thinks it presents an opportunity. AMP Chief Economist Shane Oliver […]
Are you prepared to sacrifice to achieve your dreams?
What if I told you, you could buy a three-bedroom home, 45 minutes drive from Sydney’s CBD and pay just $700,000? To me, that looks like a pretty good deal when the median house price is over $1.5 million in Sydney. The only catch is that it would mean you have to live in Bidwill […]
Affluence: The secret ingredient for property growth
Ever wondered why some areas consistently outperform others in the property market?The answer might surprise you – it’s affluence.Sure, we all know that location matters. But whenever I buy a property I always consider thewealth of the residents in the area.In blue-chip suburbs, I’m not just trying to buy a property; I’m buying into a […]
Spring selling season gets underway early in Sydney
Tight listings have been one of the main features of the Sydney property market in recentyears, but there are signs that the sellers might be coming out early this year. Traditionally, Spring has been the time of year when most people head to the market.However, in the past few years, listing levels have remained low, […]
Shares can’t compete with property
There’s always been an ongoing debate in Australia about where people should be investingtheir money. Most people will have a pretty large holding of shares through their superannuation funds,but are they getting the most out of it that they can? When we look at the numbers, shares actually outperform property. Since 1900, theAustralian share market […]
Investors Head Back to Sydney
Investors are starting to head back into the Sydney market, helping provide housing forstruggling tenants. This Sydney market update is provided by the founder of the top state-based buyers agency, Henderson Advocacy, Jack Henderson. The latest data from PropTrack shows that the supply of rental properties has hit an 18-month high in Sydney. The vacancy […]
Why you can borrow more to invest
The one thing that stops most people in their tracks when it comes to property is a lack of borrowing capacity. Effectively, your borrowing capacity is how much spare cash you have left over when you factor in all your income and subtract your expenses. For most people, the income side of the equation is […]
Sydney property hits a new record high
Sydney property prices continue to go from strength to strength with new data showing the median home price is now sitting at $1.107 million. Despite higher interest rates, property prices in Sydney surged 6.39% in the past 12 months even against a backdrop of stretched affordability according to PropTrack. Regional New South Wales also saw […]
Residential or Commercial? That’s the Wrong Question
We’ve seen a lot of strength in commercial property over the past decade, and that’s got some property investors asking whether commercial is better than residential. While it’s good that commercial property is on people’s radar, the reality is that they are looking at it the wrong way. When it comes to pure capital generation, […]
Rent Money Isn’t Dead Money
In Australia, there’s always been a long-held belief that rent money is dead money. Rent money probably is dead money if you’re not doing anything else with the cash. But if you’re prepared to invest, you can actually get the best of both worlds. There’s no better example of this than where I currently live. […]
