What Causes House Price Growth: Supply or Demand? The housing market can be one of the most complex and volatile markets in the world. You can have all the money in the world, but if you're trying to buy a house, it's not just about how much money you have. Supply and demand are the key determinants of house prices. But What Causes Supply and Demand? In this blog, we'll explore [...]
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 [...]
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 [...]
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 [...]
Is it really that time again? Yes, it is.We’ll head to the polling booths in under a month to vote on who should lead Australia moving forward.In recent weeks I’ve been asked, “will the looming federal election impact the Australian housing market?” Regardless of whether you are left, right or somewhere between, unfortunately, politics generally finds its way into the conversation of the property market. But for good or bad?I’ll make [...]
For as long as people have been investing in property there has been a common question. Should you buy a property for its capital growth potential, or should you buy a property for cash flow? With an interest rate rise potentially on the horizon many investors are revisiting this age-old debate, to gear negatively or positively. I want to address a glaring issue immediately that may be prudent for some of you and [...]
Brisbane's house prices have hit an all-time high, with the median reaching $792K. This represents one of biggest quarterly price hikes seen since 1996! Our research team have uncovered that last calendar year Brisbane house prices grew by a staggering 25.7% or $162,181. To save you the math’s, that equates to $444 per day. On the back of these numbers, it is no wonder many are predicting Brisbane property prices [...]
