Author Archive

Rental Affordability Crisis

Figures released last week by CoreLogic confirm a strong uplift of 6.6% in rent values over the year; this follows a decade of relatively subdued annual rent growth, averaging 1.8% since June 2011.

Regional lifestyle markets such as the Sunshine Coast and Gold Coast, are two of the areas that have experienced the highest price growth, driven by strong demand, outstripping supply; with weekly rents reaching record heights rivalling parts of … Read the full post »

Indoor Plants: Why We Need Them!

There are many benefits to keeping indoor plants, not only do they enhance the overall appearance of a space and add some personality and warmth into a room, but they have many other benefits including making us feel good!

Below are seven benefits of keeping indoor plants:

Reducing stress levels – studies have found that plants in your home or office can make you feel more comfortable and relaxed.
May sharpen … Read the full post »

5 Things Buyers Seeking in a Lockdown Environment

Since 2020, we have all had to adapt to a ‘new normal’ based around the COVID19 pandemic, which has disrupted and adjusted the way we live, do business, and even think.  Until the majority of the country is vaccinated, it appears that we will be living with snap lockdowns and restrictions; this ongoing saga is shaping what buyers (and renters) are seeking in a property.

This may (or may not) eventually … Read the full post »

Regional Growth Continues to Trend

The level of movement of capital city dwellers to regional areas is at a three-year high, while net regional migration in the latest quarter is 66 percent higher than a year ago, according to research.

The Commonwealth Bank of Australia (CBA) has released its Regional Movers Index in partnership with the Regional Australia Institute (RAI), which has shown the changes in population flows from capital cities to regional areas.

The index has revealed that … Read the full post »

How Much Equity is in Your Property?

As a property owner, do you know how much equity you have in your property(s) in the current market? Equity changes as market conditions change, and right now in such a booming market, it’s highly likely your equity has risen.

What is equity?

Equity is the amount that you actually own outright of your property; sitting between what you owe and what your property is worth.  Effectively, it is the amount of … Read the full post »

COVID19: Impact on Apartment Market

In recent years there has been a trend by investors ‘away’ from apartment buying, driven in part by some oversupply issues, and some poor workmanship/corner-cutting (highlighted in media reports by some builders), and other contributing factors; along with the belief that a house is generally a better long-term investment when it comes to capital growth.

As a result, in the past few years, houses have outperformed apartments in our capital cities; … Read the full post »

Navigating a Sellers’ Market

It’s no secret that we are in the midst of a property boom, and that means that the pendulum has firmly swung in the favour of sellers, making it a sellers’ market, driven by strong demand from first home buyers, established homeowners, and investors alike, creating a deficit in the supply / demand ratio.

Australia’s leading property data, analytics, and information provider, CoreLogic, estimates that in the three months to May, … Read the full post »

Long-Term Rates on the Rise

Although the official cash rate remains at historic lows, and the Reserve Bank is not expected to lift interest rates until 2024, some of the major banks have started to raise their long-term fixed-interest rates, with the Commonwealth Bank (CBA), being the latest.

Further hikes expected later this year suggest we could see a tide turning on Australia’s interest rates.  The cost of long-term money for the banks is rising meaning … Read the full post »

Buying Your First Investment Property

With interest rates remaining at historic lows and rental yields at historic highs, an increasing number of people are considering becoming ‘first time’ property investors.  With soaring house prices, many people have had a substantial equity-boost, simply by way of the market forces, and this increased equity can be borrowed against to invest in another home.  There is also a growing movement of non-homeowners choosing to invest and buy their … Read the full post »

Investors Flooding the Market!

The Australian Bureau of Statistics (ABS) reports indicate that investors are now well and truly back in the property market in large numbers; with March figures demonstrating that the value of national investor lending seasonally adjusted by 12.7% over March to $7.8 billion dollars, the highest monthly total recorded since August 2017.

All states recorded increases in investor activity over March – led by QLD up by 19.0% and followed by … Read the full post »

The Federal Budget & The Property Market

Last Tuesday Federal Treasurer Josh Frydenberg delivered the annual budget; a big-spending, jobs-focused budget which contained help for single parents and first home buyers to enter the property market, partially by encouragement incentives for Australians nearing retirement to downsize their homes, in order to free up more housing for younger families and help more people into home ownership.

Those aged over 60 will be allowed to contribute up to $300,000 into … Read the full post »

Disclosure is Critical!

When that pivotal moment arrives and it is time to sign the contract, as a seller you need to be aware of the failure to disclose a statutory or unregistered encumbrance on the contract, can lead to lawful termination of the contract by the buyer.

Many contracts for the sale of land in Queensland place upon the seller of the land an onus to disclose to the buyer not just any … Read the full post »

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