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.
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
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
In his recent commentary on Switzer Commsec chief Economist Craig James explained why he believes despite all the media hype that Australian homes are still affordable. He said: The Rismark housing affordability measure indicates that home prices stood at 4 times household disposable income in the December quarter – a figure broadly unchanged on a decade