We’ve enjoyed a few good years in property but now as this real estate cycle matures and uncertainty surrounds the extent of the potential for future capital growth, it’s appropriate to remember that it is not so much the outside world that defines our success, but the place we take in us as investors.
According to the ABS, Australia’s population grew by 1.73% in the year to December 2013. While this doesn’t sound like much in percentage terms, it is a population increase of 396,200 in the last year. Our current population increase is the equivalent of one new Coffs Harbour every 8 weeks, or one new Gold Coast every
There always seems to be a lot of talk about how high home prices are in Australia’s housing markets. Well…how do we compare to the rest of the world? The Australian Financial Review produced 5 graphs based on new data from the International Monetary Fund looking at household income, rent and housing prices around the world
The Victorian planning minister wants to “Manhattanise” Melbourne and make it a city of super-dense high rise towers. The problem is that a recent scathing report revealed that many of our tiny apartments would be banned in New York, while another report estimated that 55 per cent of the city’s tallest apartment buildings are of
You’ve just made an offer to buy a property for your next investment and it’s been accepted. That’s great news, but what actually comes with the property when you settle? Is it everything in that you saw when you inspected the property? Clearly not – some of the items in the property belonged to the
Some interesting stats came out of a recent Roy Morgan survey: Over the last four years the number of investment property loans in Australia has grown by 37% compared to an increase of only 4% in the number of owner occupied loans. Of course this in line line with what we’ve been hearing about investors dominating the
There’s a worrying trend amongst our nation’s older generation, with more retirees exposing themselves to debt with the number of Australians over 65 with a mortgage increasing by 54% in four years In an analysis of data from the Australian Bureau of Statistics (ABS), finder.com.au found that the number of Australian households with a mortgage