How to get ahead in a hot property market

The Australian property market is undeniably hot, with housing values increasing by another 1.5% in September, according to CoreLogic.  That rise means national values have grown by 17.6% over 2021 alone. And when compared to the same time last year, prices are up by a stunning 20.3% – the fastest annual...

NAB Commercial Property Survey

There’s a mix of both bad and good news in the latest NAB Commercial Property Survey.On the downside, Victoria’s office vacancy rate has more than doubled to 10.9% in Q2 from the 4% recorded at the end of March last year. The vacancy rate is excepted to ease somewhat over...

Suburbs that are cheaper to buy than rent

Sometimes, when you’re a first home buyer, it’s cheaper to buy than rent.  In other words, if you were to buy a property in the suburb where you were currently living, the monthly mortgage repayments would be less than your current monthly rent. NAB has identified a series of Melbourne...

Melbourne property prices

Melbourne property prices increased by another 1.3% in July, according to CoreLogic. That latest rise takes the median value to $762,068 – 10.4% higher than the same time last year. However, there are signs the booming market is losing steam with the national monthly growth rate trending lower since March....

Say goodbye to the landlord

Want to say goodbye to the landlord and buy your own premises? Or perhaps you’re a savvy investor looking to take advantage of historically low-interest rates and dip your toes into the commercial market? Either way, it appears you’re in good company. The commercial property market is proving to be...

Home Price Growth & Forecasts

Ratings agency Fitch has bumped up its property price growth forecast for Australia, and is now expecting prices to soar by as much as 16% this year.  That’s significantly higher than the agency’s previous estimate released in December 2020 – which forecast growth of between 3-5%. It also places Australia...