I'll get straight to the point and maybe ruffle some feathers here, but seriously, "WHAT ARE YOU WAITING FOR?" Just the other day, a client called me out of the blue and declared, "Leonie, we're ready to move forward and are on the hunt for a property similar to the one we nearly purchased nine months ago in Brisbane." My response was straightforward, "That property is no longer available." You see, over that [...]
Ah, the memory of the mortgage cliff, etched in newspaper headlines and vividly broadcasted on our screens. Who could forget?It was that moment when the media painted a picture of impending doom - when mortgage holders transitioning from fixed rates in the 2's% to variable rates in the 5's% were said to hit the breaking point.Streets were meant to be lined with "For Sale" signs, bargain properties aplenty, and property prices [...]
Buyer Demand Supply remains the biggest issue across the Brisbane market. CoreLogic confirmed new listings coming to the market are 27.9 per cent lower than 12 months ago. Total listings in Brisbane are 15.4 per cent lower than this time last year. One of the biggest problems for Brisbane property buyers now, despite a willingness to transact, is the struggle to find something to buy. Brisbane property remains much more affordable than other [...]
Hold onto your hats because the roller coaster ride, we call the property market has just turned up a gear! This time we’re on our way up! If you’ve read many of our blogs about property cycles, you’ll know that the property market is anything but a roller coaster; think of it as more of an escalator with a few plateaus and the very rare step backward, but nonetheless, I’m excited to [...]
1 Million Reasons to Invest in Property Right Now! Did you read our last blog about the impending property boom? If so, you would have read that we expected the federal government to take extraordinary action to counteract the current rental housing crisis being experienced in Australia. No more than two weeks after that blog, the federal government revealed that they plan to unveil a plan to assist private investors in building 1 [...]
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 [...]
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 [...]
