Data shows that asking rents are rising… Is that just crazy? It seems there’s a bit of positive movement on rental prices across the country. That’s the view according to new data from rent.com.au Rents for Brisbane house dipped by 2.2% in February, while Darwin and Canberra rents were up 2% and 1.8% respectively, according […]
This sector might be Australia’s best-kept secret.
Investors are about to become cashflow hungry. This sector could boom as a result. With most market analysts expecting property prices to be pretty boring through 2019, we’re probably going to see a swing to more ‘defensive’ properties. (That may or may not be true, but what the market expects, it gets.) I’m stealing a […]
Critical Data To Renovate for More Profit
Turns out there are some ‘generational differences’ in the ideal home. Good to know. I found this study in one of my reading tours and I thought it was really interesting. Basically, they asked some people what home features they’d be willing to give up to live in their preferred neighbourhood. They then broke the […]
Govt hands lucky investor $160K!
This is how to play government changes There’s a saying in property that ‘they’re not making any more land.’ The idea is that land is a fundamentally scarce commodity, and that’s why its value grows and grows over time. And with it, dwelling prices. Except it’s not entirely true. For example, you could say that […]
How this treasonous scandal affects the property market
This is crazy, almost treasonous policy. But how do we play it? One of the stylised facts about the Australian property market right now is that demand is strong thanks to strong levels of immigration. Our immigration intake is quite high by OECD standards, and very concentrated in our big cities (just 6% of immigrants […]
70% of the market is pumping
The mass media is posting some scary headline numbers (…again!), but scratch beneath the surface and it’s almost a good news story. The papers were running the headline last week about house prices falling for the first time in 6 years. The actual peak was some months back now, but for the first time in […]
The markets that matter are holding up
People are talking about a soft market. But all of my properties are ok… Sydney is coming through a bit of a soft patch, and it mirrors what’s going on around the country. But this is the thing about the city level data. They only give you a macro-level picture. They don’t tell you what’s […]
National property review ( short – sharp – real)
Zoom out a little and there’s some interest data on the trends at play within our capital city markets. The old rule in property is there is no one market. We talk about the national average on the evening news, but really, that data point is pretty useless to investors. CoreLogic recently did some […]
WTF? You can only own 2 properties?
This is the key thing that makes me different from all the others So Australia’s supposedly largest residential property investor was in the Australian Financial Review last week, taking a pot shot at APRA. Kevin Young reckons 20,000 of his Property Club members can no longer afford their mortgage after the banks shifted them from […]
Where the money in 2018 is coming from
Money is on a detour, but it’s still coming… Ok, here’s something juicy for you. I think I’ve found where the property gains in 2018 are going to come from. Let me walk you through it. Ok, so we know that we’re seeing prices start to plateau or slow in some places of the country. […]