Beyond the headlines, there’s still growth. But where?
By Graeme Salt Forecast rate rises and the Iran War has added pessimism to the property market. But is it well-founded? Long-term research by Suburb Trends shows that some locations are under-performing while others over-performing, despite recent declines if consumer confidence. Australia has many different property markets, whose economic performance tends to revert to the […]
You have agreed to buy your new home – now what happens?
By Graeme Salt Settling on a property can be one of the most stressful exercises you will have to go through. In Australia, many contracts expect there to be 42 days (six weeks) between exchanging on a property and settling. This allows time for everyone to get their ducks in a row. Things like: The […]
There are markets within markets.
By Graeme Salt If someone tells you the Australian property market is dead, they could be both right and wrong at the same time. If someone tells you the Sydney property market is dead, they could be both right and wrong at the same time. Even in a flat market, certain locations can show stellar […]
Are we heading for a property bloodbath?
By Graeme Salt This weekend auction clearance rate fell to 60.9 per cent, according to research house Cotality. Such a low figure can imply there are more sellers on the market than buyers; often a pre-cursor to a price drop. In the current climate (rate rises and Iran war) this is far from surprising. Such […]
Can anybody see property stop growing?
By Graeme Salt The total value of residential dwellings in Australia is now $12,307.2 billion according to the Australian Bureau of Statistics (ABS). How much of your wealth is tied up in property? According to the ABS there has been an increase of $384.8 billion since the previous quarter. While the value of Australia’s property […]
Can anybody see property stop growing?
The total value of residential dwellings in Australia is now $12,307.2 billion according to the Australian Bureau of Statistics (ABS). How much of your wealth is tied up in property? According to the ABS there has been an increase of $384.8 billion since the previous quarter. While the value of Australia’s property appears to be […]
Trees’ Impact on Property Value (Good and Bad)
By Graeme Salt $100, 000 – that is the difference in house prices between a well-positioned and poorly-positioned tree. According to research by the University of Technology Sydney*, a single street tree can potentially increase an average Sydney house price by $30,000. But, if a tree is too close to a home, it can actually […]
First-time Buyers. Is rentvesting for you?
Graeme chooses to rentvest
Big Australia’s impact on the property market
By Graeme Salt There’s set to be 40 million Australians by the 2050s. Where will we house them? Already 52 per cent of us live in the three biggest cities. Despite its size, Australia is highly urbanised. And this urban concentration is not just confined to the largest cities; eight in 10 Western Australians and […]
Looking to buy a property but waiting for prices to drop?
By Graeme Salt Want to buy but nervous of a collapse in property prices? Chances are you will be waiting a very long time. Research just release by Cotality shows that over the past four decades, there were only six years where home values fell. At most it was a 6.1 per cent drop in […]