Believe it or not, we’re almost half way through 2024, and our property markets are surprising many on the upside. Of course, each year brings its own set of wins, challenges, and lessons to learn and looking back at last year – 2023 – this was certainly no exception. So it’s a good time to…
Purchasing your first home is an important decision with far-reaching implications. You’ll be significantly better off financially if you make the right choice. However, if you mess it up and buy the wrong property, you could be worse off both financially and from a lifestyle perspective. Many parents have learnt a lot from their experiences,…
Nothing excites law students like the idea of a free house. Or alternatively, enrages them. It depends on their politics. As a result, academics condemned to teaching property law find it hard to resist the “doctrine of adverse possession”. The fact that a person can change the locks on someone else’s house, wait 12 years,…
Would you be surprised if I told you that making millions, or even being a ‘savvy saver’, has more to do with your attitude towards money than how much you make or spend? Those who become wealthy possess certain characteristics that influence their relationship with money. They are more frugal and less inclined to waste…
Do you know how many people own more than one investment property in Australia? Trust me – the answer will surprise you! You see, while there are just over two million investors in Australia, about 75 per cent of them own just one investment property. Only about 18 per cent own two, which rapidly drops…
![Perth housing market update [video] | May 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg "Perth housing market update [video] | May 2024")
Australian home values moved through a 15th straight month of growth in April with CoreLogic’s national home value index rising by 0.1%, on par with the pace of gains recorded in February and March. The Perth housing market seemed to be running its own race with a quarterly rate of growth and home values rising…
Our property markets grew strongly last year with many locations enjoying double-digit capital growth, and they’ve started 2024 firmly, in part due to the lack of supply of A-grade homes or investment-grade properties for sale. And this is starting to show itself as FOMO (fear of missing out) – when homebuyers and investors are scared…
![Adelaide housing market update [video] | May 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Australian home values moved through a 15th straight month of growth in April with CoreLogic’s national home value index rising by 0.1%, on par with the pace of gains recorded in February and March. Adelaide home values increased by 1.3% in April, a subtle slowdown relative to March when the monthly growth rate was 1.4%….
In recent weeks, state governments have been sending out land tax notices to property investors. The noticeable increase in land tax receipts over the past few years has prompted more investors to reassess their property investments. Furthermore, the surge in land taxes is anticipated to exacerbate the rental crisis. Property investors are likely to pass…
Australia is going through an infrastructure boom. This follows from a building boom and before that a resources boom. Each boom was manufactured by the “Over World” as I like to label them – i.e. those that benefit the most – so that Australia doesn’t fall off the economic cliff or for some other altruistic…
