Latest Property News

Australia is one of the highest taxed nations in the world. People assume that the tax that they pay equates to that which is taken out of their pay at the end of each week. Which in many cases, can be as high as 50%. But it doesn’t stop there. There is tax on virtually

With property prices in Australia reaching enormous numbers, more and more young Australians have been turning to their parents for a helping hand to get into the market. This can come in the form of borrowing or gifting the deposit to going guarantor and even having names on contracts. The astounding figures show that over

The Brisbane market continues to outperform with values increasing 1.1% in March. Around $25,000 of value has been added to your average Brisbane house in March. This proves that it is almost impossible to save as fast as the market value is increasing. Over the first quarter of 2024, the Brisbane market has risen by

A lot of first-time investors are under the false impression that they should be buying property in their own suburb. While this can be a great strategy, it can also fail as well. Whether or not to buy in your own suburb really has nothing to do with the fact you live there. Whether or

Stamp duty is a tax charged by the individual states on any property that changes hands in Australia. But stamp duty costs are getting out of hand. With the median house price in Australia now around $1 million and the fact that stamp duty taxes are percentage based, the stamp duty payments run into the

Great news for property investors and home owners with interest rates remaining on hold this month. The unchanged rate was expected by most analysts as inflation heads downward toward the RBA target rate if 2 – 3%. The annualised figure was 3.4% over the year to January.  The RBA is treading very lightly at the moment. They want inflation

Even though celebrities can make millions of dollars each year out of both movies, TV and sports contracts, the truth is that eventually, that income will stop. Especially if you are a sports star in contact sport. So celebrities, just like the rest of us have to invest if they want a decent life after

I had an appointment this evening with one of my potential clients that I have been talking to about getting started in property investing for the last 5 years. He is in the police in Newcastle and is looking to retire this year due to stress related issues. I have been talking to this guy

I have been saying this for a while now: Brisbane’s median house price will crack $1 million soon. Now, the property forecasting experts at Domain have publicly confirmed this prediction. Brisbane’s capital growth was a long time coming with events happening that did not allow the market to take off when it should have. Back

For the majority of Australians, we live on the east coast and have not had much exposure to Perth other than hearing from time to time about mining. It is a distant land that many east coasters have not even been to. But is it a good market to invest in property? Let’s dive into

Many property investors dream of one day taking that next step to becoming property developers. The thought of taking a major project from inception, right through the finished product is very attractive. Both from a creative perspective but also from an economics point of view where property can be created at wholesale prices and either

As you are no doubt aware, interest rate did not go up this month when the RBA met on Tuesday 6th of February 2024. The reason there was no increase in rates was due to the reduction in inflation. Let’s have a closer look at current inflation rates and what is affecting that. This month

The bad times for construction appear to be in the past now.  Building approvals have increased by almost 20% from January 2023 to November 2023. In January 2023, building approvals were at 12,185. By November 2023 approvals numbers had reached 14,529. The last few years have been a terrible period for the construction industry. Poorly

The ABS has released their latest figures which show that investor lending is up 18% for November 2023 from that same time in the previous year. The actual number is $9.72 billion in loans for December 2023. Between states, the range varied greatly. While Melbourne investor lending only increased by 3.5%, Western Australian investor lending

Great news for investors today. The RBA kept rates on hold at its first meeting for 2024. This means that the cash rate remains at 4.35%. This is great news for property investors watching their current cash flows. Keeping rates on hold for this month was what most analysts had anticipated. With most now predicting

CBA has recently come out with a prediction that interest rates will drop by 0.75% in 2024. If this forecast is correct, interest rates will be down to 2.85%. CBAs chief economist Stephen Halmarick was very positive in his latest address. He stated that Australia’s economic outlook looked very bright. Global inflation had begun to

Have you planned what you want to achieve in 2024 yet? Now is the right time. Planning for anything you want to achieve is of utmost importance if it is to be achieved. There is a saying – “Fail to plan, plan to fail”   This is cliche but yet quite profound. If you want

Things just got worse for tenants around Australia with vacancy rates dropping to 0.8%. Correct. That is less than 1%. In perspective, for every hundred investment properties in a suburb, there is less than one to rent. “This record-low vacancy rate has persisted for the second consecutive month, driven by a surge in overseas migration

The last few years have been an extremely trying time for the building industry and it customers. The high inflation that the Australia government has created due to its monetary policy around the virus period and the overstimulation of the building market has caused untold damage. Unprecedented cost increases and the requirement to keep fixed

Procrastination… AKA dithering, dilly-dallying, dawdling, idling, loafing etc Are you a procrastinator? You know what I mean. Always putting things off to another day because now is not just the right time? You know who you are! I meet with potential investors every day and learn from them what they want to achieve both financially

For those of you that think property may be dropping in value and waiting to get in, think again. Australia’s property market passes $10 trillion value for August 2023 caused by steady valuation increases across the capital cities. While many people sit of the sidelines hoping that prices will drop due to increasing interest rates,

I get asked a lot about yield. People are generally confused with yield and return and how to calculate each from an investment property perspective. So, I thought I would write a brief article to iron this out. Yield refers to cash inflows for the entire year from the investment and is generally expressed as

Like property prices rents are going through the roof. Strong demand and severe shortages of available properties have made headlines across all states. If you have been in the unfortunate situation where you have needed to find rental accommodation, it is a nightmare through and through. People have been forced to live in caravans and

Contrary to what a lot of people may think (unless you are trying to buy!) property prices across all capital cities (except Canberra) have been increasing. With some capitals such as Brisbane and Perth really outperforming. Both Brisbane and Perth showed annualised growth rates of 16.8% on the July months figures. This is back to

Interest rates have now been on hold since June with the cash rate at 4.1%. Most forecasters are anticipating that the rate will sit flat for a while before potentially coming down in 2024. Interest rates typically go up because the RBA uses interest rates as a rudder or mechanism to bring inflation down. The

The Queensland state government is under fire as it needs to make way for more than an extra 2.2 million new residents in the next 2 decades. It is anticipated that by 2046 SEQ with have well over 6 million residents and will be bigger than the current population of greater Sydney.   It means