September 5, 2024

31st August 2024 – Property Market Update

Perth leads with a substantial 5.7% increase, reflecting its robust market conditions driven by strong demand and relatively affordable housing. Adelaide follows closely with a 4.0% rise, indicating its steady growth supported by solid economic fundamentals and a more affordable housing market compared to the eastern states. Brisbane's 2.9% growth further underscores the continued strength of its market, bolstered by interstate migration and investment demand.
August 27, 2024

Is Now the Perfect Time to Buy?

As the market shifts under the pressure of rising interest rates and record-high prices, unique opportunities are emerging for shrewd investors and homebuyers. Recent data shows a notable increase in property listings, particularly in the outer suburbs of major cities like Sydney and Melbourne, where mortgage stress is pushing more homes onto the market. This surge in listings is creating a buyer's market, offering potential advantages for those ready to act.
August 27, 2024

How to Spot the Next Perth

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?

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

When Will Melbourne Bounce Back?

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.
July 29, 2024

Home Loans are at Record Levels – What’s Next?

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

Has Perth Peaked?

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.