Townhouses have been around for a long time, with demand picking up more recently and this will only get stronger. Where is all this demand coming from? I can break it into two separate demographics; young families and retirees, but only in the right location – let me explain. Young Families The demand I amRead More
It’s gentrification at work. Despite Melbourne’s weakening property market, 13 Melbourne suburbs are on the cusp of entering the $1 million club if their median house prices stay on their current trajectory according to Nicola Powell, Domain Group’s chief data scientist. Creeping gentrification was the driving factor for climbing medians in these suburbs as aspirationalRead More
The impact of Melbourne’s West Gate Tunnel Project on dwelling prices will be positive for some but negative for others, according to the latest analysis by RiskWise Property Research. The $6.7 billion project, under construction since January and due to open in 2022, is touted as being a gamechanger when it comes to the wayRead More
Paddington in undoubtedly one of the most beloved suburbs in Sydney, oozing with charm and lifestyle amenities. The properties takes local back in time with rows of beautiful Victorian terraces, this stunning suburb is a short 3 kilometers from the CBD making it the perfect balance between suburb feels and city lifestyle. Attraction include the famous Saturday PaddingtonRead More
Australian Tax Office (ATO) data shows that only 9% per cent of investors own three or more properties. So, if property was such a good investment, why do many stop at one? Unfortunately, most people simply buy the wrong property, buy emotively, sell quickly and never buy again, or stubbornly hold onto it hoping thingsRead More
