July 1, 2024
In a significant move aimed at addressing the housing crisis, Brisbane City Council has announced that Airbnb and other short-stay accommodations will now require a permit to operate. This decision follows recommendations to tackle the burgeoning short-stay market, which boasts about 4,430 active listings in Brisbane. Lord Mayor Adrian Schrinner accepted these recommendations during his pre-election budget speech, highlighting the need for greater accountability and planning approvals for short-stay operators.
June 18, 2024
The recent abolition of stamp duty for first home buyers (FHBs) in South Australia and adjustments in Queensland have sparked a significant debate among experts. While these policies aim to support young buyers, there is growing concern about their long-term impact on housing affordability. Research suggests that demand subsidies, such as stamp duty exemptions and grants, may drive up house prices, ultimately making homes less affordable in the long run.
June 18, 2024
Everyone knows that investing in real estate can be a lucrative way to build wealth, but high costs are fast becoming a huge barrier to entry.
One strategy gaining in popularity is property syndication, where multiple investors pool their resources to purchase larger properties or portfolios.
While this approach offers numerous benefits, it also comes with its own set of challenges. In this article, we'll explore the advantages and disadvantages of using a property syndicate.
June 5, 2024
May continued to underline the robust growth trajectories of Perth, Adelaide, and Brisbane, as depicted in the rolling three-month change in dwelling values. Perth led with a staggering 6.0% increase, reinforcing its position as the growth leader among Australian state capitals. Adelaide followed with a commendable 3.3% rise, while Brisbane also showed strong growth at 3.1%. These cities have not only outpaced the typically more subdued movements seen in Sydney (1.1%) and Hobart (0.8%), but they also starkly contrast with Melbourne, which remained flat with a 0.0% change.
June 3, 2024
Now that the ink has dried on the federal budget, what lies ahead for the property market?
Of course, general fiscal policy has an indirect impact upon the housing market and interest rates, but the budget also dedicated a full 31 pages to a discussion of the nation’s “housing challenge”.
May 27, 2024
Now that the ink has dried on the federal budget, what lies ahead for the property market?
Of course, general fiscal policy has an indirect impact upon the housing market and interest rates, but the budget also dedicated a full 31 pages to a discussion of the nation’s “housing challenge”.
May 22, 2024
April continued to underline the robust growth trajectories of Perth, Adelaide, and Brisbane, as depicted in the rolling three-month change in dwelling values. Perth led with a staggering 6.0% increase, reinforcing its position as the growth leader among Australian state capitals. Adelaide followed with a commendable 3.3% rise, while Brisbane also showed strong growth at 3.1%. These cities have not only outpaced the typically more subdued movements seen in Sydney (1.1%) and Hobart (0.8%), but they also starkly contrast with Melbourne, which remained flat with a 0.0% change.
May 20, 2024
In today's competitive property market, house hacking is emerging as a savvy strategy for first-time investors and young Australians. This innovative approach can significantly reduce living expenses while building equity and generating rental income.
Traditionally, the path to homeownership involved saving up for a deposit, purchasing a property, and gradually paying off the mortgage while living in the home. House hacking, however, turns this model on its head, offering a more flexible and financially efficient way to enter the property market.
May 20, 2024
Amidst the affordability crisis, ‘rentvesting’ is reshaping how young Australians and first-time investors approach the property market.
Traditionally, the homeownership dream was simple – buy a home, and live in it. However, as property prices soar, a growing number of people are adopting the rentvesting strategy. This unique approach allows individuals to rent where they want to live – often in areas that suit their lifestyle but may be too expensive to buy – while owning investment properties in more affordable markets.
May 8, 2024
In last week’s article, we explored the concept of liquidity within the property market – why it’s important to consider, and what the risks are for those who don’t.
This week, we’re getting a bit more practical. How should you account for liquidity when purchasing an investment property?
Understanding liquidity and its impact is crucial for making informed investment decisions and optimizing returns, especially in the inherently slow-moving property market.