Melbourne’s property values retreated in May, as the Victorian capital began to feel the sting of rising rates and the city’s market dynamics continually shifted towards softer conditions. Melbourne’s property market matched Sydney’s sombre mood at the end of autumn, as the two biggest capital cities recorded the biggest declines in property values among their peers in […]
With Australia’s rental crisis only set to worsen, one researcher is expecting certain suburbs to see rents surge by up to $5,000 over 2022 and 2023. InvestorKit’s founder and head of research, Arjun Paliwal, has acknowledged that Australia’s rental crisis is going from bad to worse. “A rental crisis is often defined by vacancy rates […]
Over the last two years, the Australian property market, and its booming prices, has been an investor’s dream – but not all suburbs are created equal. A new report from Suburb Help has highlighted the 40 worst suburbs for investors nationwide, classifying them as “soft”. A definitively “soft” property market, according to the report, is a […]
Are you thinking of investing in real estate? Here are common mistakes every beginner investor should avoid Investing in real estate is one of the most popular ways to build wealth among Aussies. As a testament to this belief, the latest data from the Australian Taxation Office (ATO) revealed that there are more than 2 […]
Economists are widely predicting a back-to-back 50-basis point cash rate lift in July, with two of the big four banks agreeing. Barclays’ Shreya Sodhani and Rahul Bajoria are predicting another 50-bp hike in July, followed by 40 bps in August, which will take the cash rate to 1.75 per cent. In a note issued following […]
An ever-changing regulatory environment is creating not only economic turmoil, but an opportunity for sophisticated investors who engage with a mortgage broker, an industry expert has explained.
The total worth of the nation’s residential dwellings rose by $221.2 billion in the March 2022 quarter, bringing the value of Australian real estate to a new high, according to the Australian Bureau of Statistics (ABS). This puts the value of Australian residential property at $10.2 trillion, surpassing the $10 trillion mark for the first […]
The NSW government has announced a moratorium on evictions for the next six weeks as the state battles through lockdowns.
Pre-COVID-19, house prices across Australia’s major capital cities were already expected to enter a cyclical upswing in 2020 – so did the pandemic change things for the better?
A Brisbane-based buyer’s agent has identified the top six suburbs where buyers are creating hundreds of thousands of dollars in equity by building their own home.