August 27, 2024
When it comes to property investment, the term "hotspot" often conjures images of booming suburbs where prices are skyrocketing, and properties are being snapped up in record time.
And that’s a bit a problem.
By the time an area is labelled a "hotspot," the opportunity for a great investment might have already passed…
August 27, 2024
Could the Perth Bubble Burst? The ‘bubble’ label is often used to describe a market where property prices are significantly overvalued and unsustainable, driven by speculative buying. In such scenarios, a sudden collapse in prices can occur when the market corrects itself. In the case of Perth, where prices are continuing to explode in recent months, could this be a bubble about to burst?
August 5, 2024
Melbourne's, once a stalwart of the national market, is experiencing a slowdown – particularly in comparison to the surging markets of other cities like Brisbane.
For the first time in 14 years, Brisbane’s median home value has overtaken Melbourne’s, hitting $951,000 compared to Melbourne’s $912,000. This shift raises important questions about the future of Melbourne’s property market and its potential for recovery.
August 5, 2024
It’s fair to say that Adelaide has been flying under the radar for some time now, with investor attention fixed firmly elsewhere. But how is the market tracking? And what might be on the horizon?
August 5, 2024
The Australian property market continues to exhibit robust growth despite a range of economic pressures. The CoreLogic Home Value Index (HVI) for July 2024 illustrates a persistent upward trend in dwelling values nationwide, though regional performance varies significantly.
July 29, 2024
In recent months, Australia's home loan market has experienced unprecedented growth, reaching record levels despite a slight dip in May. The Australian Bureau of Statistics (ABS) reported a 1.7% decline in new housing loans in May, amounting to $28.8 billion. First-home buyer loans took the biggest hit, dropping by 2.9%. However, over the past year, new loan commitments have surged by 18%, indicating a robust overall growth trend.
July 19, 2024
Perth’s property market has been on an impressive upward trajectory over the past few years, with house prices surging across various suburbs. This growth, while promising for many investors, has sparked a debate on whether the market has now peaked. Several indicators suggest that while some suburbs may have reached their zenith, the overall market still shows potential for further growth.
July 9, 2024
As the Australian property market continues to grapple with rising inflation, speculation is mounting over the possibility of another interest rate hike by the RBA. The recent release of the inflation data for the year to May, which hit 4%, has fuelled concerns among economists and market watchers alike. This figure exceeded expectations and represented the highest rate of the year so far, raising alarm bells about the RBA's next move.
Inflation is a critical factor for the RBA when determining interest rates. The central bank's target range for inflation is between 2% and 3%, but the latest figures show that we are still well above this target. Despite earlier predictions that the RBA might begin to cut rates, the persistent rise in inflation suggests otherwise. Analysts now believe that instead of a cut, we might see another rate increase, possibly as early as August.
July 3, 2024
The Australian property market has displayed resilience despite various economic challenges. The CoreLogic Home Value Index (HVI) for July 2024 highlights a continued upward trajectory in dwelling values across most regions, with significant variations in performance between different cities and property types.
July 1, 2024
The Victorian property market is currently in the throes of a significant shift as investors rapidly sell off their rental properties.
According to research conducted by Property Investment Professionals of Australia, 31.35% of Victorian investors sold one or more rental properties in the past year, a figure significantly higher than the national average of 12.1%.
But why are investors fleeing Melbourne, and does the city still have potential for investors?