Category: Real Estate

Key takeaways Property investors come in all shapes, sizes… and professions. However some professions tend to lend themselves better to this type of investment. Not surprisingly surgeons, anaesthetists and internal medicine specialists are prolific property investors. Over 20% of Australia’s 11.4 million taxpayers own an investment property, and collectively they own 3.25 million investment properties. […]

Home prices have surged in recent years, mortgage rates have climbed, and household incomes haven’t kept pace. As a result, housing affordability has plummeted to its worst level in at least three decades. Despite a dire shortage of homes, the delivery of much-needed new homes has faced significant obstacles. Labour shortages, disrupted supply chains, and […]

Key takeaways Mortgage arrears have been rising from their COVID lows of just 1.0% in Q3 2022, reaching 1.6% in the March quarter of 2024. This is highest reading on mortgage arrears since Q1 2021. The average variable interest rate on outstanding owner occupier home loans increased from 2.86% in April 2022 to 6.39% in […]

Today’s episode will not be a property episode, but it will definitely relate to property and building your wealth over time. Becoming financially fluent would be the best gift you can give yourself. The challenge is who do you listen to? Who do you get advice from? That’s why, in my daily Property Update we […]

Key takeaways When commenting on the state of Australia’s housing market, many commentators compare cities rather than checking what’s actually happening on a more granular level. To understand the market conditions in our capitals, it is necessary to study the market at the suburb level. The overall market will shift from ‘neutral’ into ‘seller’ market […]

Key takeaways About 175,000 households are on waiting lists for public or community housing across Australia, up by 20,000 since 2014, data analysis by PIPA shows. More than a third of people seeking urgent assistance from governments are turned away. The number of social housing dwellings as a proportion of total housing stock has been […]

Too many landlords think that property management is easy when it isn’t. And too many landlords never receive anything more than a “one-size-fits-all” property management service. But there is a better way to manage and grow your portfolio – and all you need to do is read on. A common problem One of the most […]

When it comes to renovating, the majority of home renovation projects are an investment that can add both value and appeal to your property. But there can be a big difference between renovating your own home for aesthetic appeal and to suit your own personal taste, versus renovating an investment property with the goal of […]

When it comes to being wealthy, research has found that if you’re rich you’re likely to live longer, too. Now this isn’t because wealthier people have better or healthier genes. What it means is that they live longer because they have the funds to invest in their health. Plus, they tend to have a mindset […]

As concerns about environmental sustainability and energy efficiency continue to grow, homeowners are increasingly turning to green technologies to future-proof their properties. Note: The integration of sustainable innovations is not just about reducing carbon footprints; it also involves enhancing property values and ensuring homes meet future standards and regulations. This transition is driven by both […]