In a recent blog about property cycles, I explained in depth how there is always an opportunity regardless of what the broader Australian property market may be doing. Right now, there is confusion due to incorrect media reporting about the Australian real estate market. If you ask the average Joe what’s happening in the market right now, you’ll likely receive the answer that property prices are crashing. Yes, there are [...]
Are You Getting a Raw Deal on your Interest Rates? It’s certainly no secret that the Reserve Bank of Australia is lifting interest rates. In the past three consecutive months, interest rates have jumped and so have many people’s mortgage repayments. Most don’t understand that when the Reserve Bank lifts interest rates, the banks don’t necessarily have to pass it on AND some banks may increase it even more than the RBA did themselves. Here’s [...]
Depending on who you ask, the world may be ending as we know it, at least in the property sphere! Property prices in a few cities are declining, and the price growth of 20% for the others has ended. But not all is lost! Last week I wrote in detail about property cycles and what to expect in the future for Australia’s property market, but a conversation with an existing client prompted this [...]
You’d be forgiven for thinking Australia was on the cusp of a monumental property crash due to recent commentary by so-called ‘property experts’.Whilst nothing in life is guaranteed, I’m confident that this is not the case. So much so that I’d put my house on it, quite literally.Recently I was challenged by a client who reached out in a panic about the so-called looming property crash. She said, “Leonie, what makes [...]
The Property Market is Crashing – So How are Investors Still Cashing In? Did the headline grab your attention? I thought as much. The headline really should have said, “There is Currently a Minor Correction Occurring in Melbourne, and Sydney Property Prices whilst other Capital Cities Continue to grow”. Not nearly as well constructed to gain your attention but hey as the saying goes, “don’t let the truth get in the way of [...]
Confidence is surging amongst real estate investors in Australia despite the narrative being played out by the mass media. The media currently reports that real estate prices are falling, and investors have pulled out of the market. This could not be further from the truth. Property investors are undeterred about the recent interest rate rise, with current data reporting that new investment loans have doubled in the past twelve months ending [...]
There’s certainly a lot of commentary currently about the property market. The recent move from the Reserve Bank Of Australia to lift interest rates by 0.5% has created quite a stir; the question is how much of it is actually factual and how much is designed to sell newspapers?There’s no denying that interest rates are on the rise but after the longest continuous period of downward spiralling rates, does this really [...]
I was honoured to be featured recently as a Page One Female Property Specialist in The Property Investor Magazine. The competition was fierce with many truly incredible property professionals from all over the world being considered as a ‘Mover and Shaker’. They’ve obviously seen my dance moves 😊Here’s the article…---Leonie was 18 when her dad helped her purchase an investment property with some friends. This was the start of her love for property [...]
With Australia’s most significant student assessment now behind us, it got me thinking… are we teaching our kids enough about money management and, as a whole, are Australians lacking financial education? I started investing in property in 1993 when I was only 18. At that time, I had no idea what I was doing, and I’m not ashamed to say I got lucky. But more importantly, during the process of buying my [...]
Queensland has long been considered the metropolitan alternative for those wanting everything New South Wales and Victoria have but just less busy, but that’s all about to change.Recent data released by the Queensland treasury has revealed an influx of people from New South Wales and Victoria will see South East Queensland’s population surge past six million by 2027.This surge in population would put further demand on the already severely undersupplied housing [...]
