The rental crisis sparked by thousands of overseas students and workers returning home because of the pandemic has been turned on its head, creating fresh opportunities for experienced and first-time investors. Demand now far outstrips supply, according to the latest figures revealed by REA Group’s PropTrack rental report. We’re seeing a 37% rise in demand…
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Property ownership and affordable housing have already played a major role in the current federal election campaign, highlighted by the constant speculation of interest rate rises. One issue out of left field has been the fast-emerging shortage of rental properties. Not only are tenants feeling insecure about their accommodation, but their rents are rising at…
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Housing affordability for young Australians has never been far from the centre of debate in the current federal election campaign. Both major parties have pledged similar programs to help first-home buyers, who have access to the First Home Guarantee scheme, which was extended in the Federal Budget just days before the election was called. Under…
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Home affordability has hit centre stage in the federal election with Labor offering a scheme in which buyers can purchase a home more cheaply if they share equity in the property with the Government. Labor says it would take up to 40% equity in a home to give Australians a better opportunity to get on…
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When the heat in a booming property market eases down a notch, sellers need to become more competitive to maximise the value of their homes. Some buyers may feel they have the whip-hand, thinking they can low-ball you because the banks predict rising interest rates. But that’s not true if they’ve set their heart on…
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Deciding when to sell your home which is so often your great financial asset, is one of the biggest decisions directly affecting your wealth. Sometimes, a sale will be forced due to personal circumstances or a change in employment. But if you have a choice in the timing, then it pays to study not only…
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Global economic and political events can sometimes cause concern among American families about their standard of living and personal wealth strategies. It’s natural to wonder how such events might affect significant assets like property values. When major international events occur, many homeowners and potential buyers question the potential impact on the real estate market. After…
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A big surprise in the property market over the past two years since the pandemic hit our shores has been the popularity of regional markets. Australia is among many western nations that experienced an exodus of white collar workers who’ve cashed out of their city properties to live with more space, freedom and safety in…
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If you’ve been on the fence about whether to finally sell your long-held family home and capitalise on today’s record-high property prices, a new law designed to encourage downsizing may be great news for you. New changes from the Federal Government mean the age that you can now deposit the proceeds of a property sale…
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The devastating floods along the east coast of Australia over past few weeks has emphasised the importance of understanding your risk before buying a property. Whether you’re looking to purchase near bushland, close to beaches, a river, or even lowlands you should be aware of the local dangers that Mother Nature can bring. This country…
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