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...
What are the three most important strategies for a financially comfortable retirement?
Nathan Coad, Director of NMC Finance recently wrote an article for Silver Magazine outlining the strategies you should be considered to maximise financial freedom in retirement. The answer is simple: Good advice A clear strategy Start now! Achieving financial security beyond your working years is something we should all be...
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...
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...
Popular commercial property assets
Ever wondered what sort of commercial property assets people buy when they take out commercial loans? The most popular type of purchase is offices, followed by retail and industrial, according to data from APRA, Australia’s banking regulator. * Offices = 31% of commercial property loans by value * Retail =...