Australia’s housing supply crisis has seen rents soar while vacancy rates plummet – see image. In response, the federal government plans to build 1.2 million new homes over the next five years, starting from 1 July 2024…

by Sanjeev Sah | Apr 30, 2024 | Market Updates

Australian household wealth grew by 2.8% or $419 billion in the last quarter of 2023, according to the Australian Bureau of Statistics (ABS). This growth, seen for the fifth straight quarter, brought total household wealth to $15.7 trillion at the end of 2023, a 7.8% increase from the previous year…

by Sanjeev Sah | Apr 23, 2024 | Market Updates

Why is investing in Australian property a long-term strategy? Well, historically, Australian property values have consistently increased over time, despite market fluctuations. So, generally speaking, the longer you hold onto a property, the better growth you can achieve…

by Sanjeev Sah | Apr 16, 2024 | Market Updates

Before diving into property investment, ponder these four key questions: Define your end goal for a clear strategy, conduct thorough market research with expert guidance, assess your risk tolerance, and ensure your investment meets market demand and fills a gap in the current rental market tightness…

by Sanjeev Sah | Mar 26, 2024 | Market Updates

Australia’s rental vacancy rate plummeted to an unprecedented low of 0.7%, with major cities hitting record lows or returning to previous lows: Sydney and Melbourne at 0.8%, Brisbane at 0.7%, Perth at 0.3%, Adelaide at 0.3%, Darwin at 1.3%, Hobart at 0.7%, and Canberra at 1.3%. Perth and Adelaide stand out with the tightest rental markets due to persistently low rental stock, as noted by Domain…

by Sanjeev Sah | Mar 19, 2024 | Market Updates

During the September quarter of 2023, the average price of residential land in Australia hit a record-breaking $340,000, according to the latest Housing Industry Association (HIA) and CoreLogicresidential land report. This marks a significant increase of more than a quarter since before the pandemic…

by Sanjeev Sah | Mar 12, 2024 | Market Updates

Recent PropTrack data shows a notable uptick in investment property sales in Melbourne and Sydney during the December quarter. In both cities, investor sales made up 35.2% of total home sales – up from 28.3% and 26.9% respectively in 2022…

by Sanjeev Sah | Mar 05, 2024 | Market Updates

Buying an investment property is about seeing potential: potential for strong capital growth and the opportunity for good rental yield. To maximise your investment returns, it’s essential to understand the factors that can influence these…

by Sanjeev Sah | Feb 27, 2024 | Market Updates

The total value of new home loan commitments from investors grew 20.4% last year according to the latest lending indicators from the Australian Bureau of Statistics. The biggest growth in investor loans was seen in Western Australia, while the Australian Capital Territory and Northern Territory decreased in investor activity…

by Sanjeev Sah | Feb 20, 2024 | Market Updates

In 2023, the Australian property market rebounded strongly, reaching $10.3 trillion in value by December. Perth led in growth with a 15.2% increase, while national rent values surged by 8.3%, outpacing home price growth for the third time in a decade…

by Sanjeev Sah | Feb 13, 2024 | Market Updates