“Should I sell my property before buying my next dream home?” It’s one of the most common questions a real estate agent is asked by owners. There’s no right or wrong answer, of course. The process of whether to buy or sell first is often dictated by circumstances, your financial position, risk threshold and local…
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Deciding to renovate any part of your home before selling is a serious investment decision. While you may feel your home needs a fresh kitchen or bathroom, how would you know if a new installation had paid dividends once the sale was signed and sealed? Is it really worth spending $20,000 on European appliances to…
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Momentum is picking up in the major Australian real estate markets judging by the latest trendlines in auction clearance rates. The improvement is particularly noticeable in Melbourne and Sydney, while most other capital cities continue their strong performances. The only exception is the new multi-million-dollar market of Brisbane, where the trend has dipped slightly. Industry…
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Australia’s clearance rate at auctions is showing an increasingly healthy trendline with data companies such as Cotality and Domain regularly reporting a success rate of more than 70% – a benchmark for a healthy market. But what happens to the other 30% of properties that don’t sell? Do they get bought? Yes, except for a…
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The respected financial institution, Macquarie Bank, has given its 2025 mid-year economic outlook, and it sounds positive for property owners and investors while giving hope to first-home buyers. For anyone thinking of entering the market in the next 12 months, there is likely to be a concern at the back of your mind about the…
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For investors, prices in the bellwether markets of Sydney and Melbourne are beginning to strengthen, providing an immediate opportunity to achieve capital growth if you move quickly. Recent data from InvestorKit – a leading data-driven property investment advisory firm – shows a resurgence of market pressure within the inner and middle suburban rings of Sydney…
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Property values have now clocked up their fifth straight month of growth with all the signs suggesting prices may accelerate with the prospect of more interest rate cuts before the end of the year. Nationally, monthly values increased 0.6% with bellwether markets Sydney (+0.6%) and Melbourne (+0.5%) both strengthening in terms of auction clearances. Darwin…
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Construction costs appear to be climbing again as inflation continues to hamper new building projects and provides a sober reminder for renovators and buyers of new homes that your budget can get blown out of the water. Building materials became 0.5% more expensive in the June quarter, following an increase of 0.4% in the March…
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The New Zealand market is stuck in a bit of a groove right now. We’re continuing to see price stability nationwide with in-demand areas strengthening, while the stragglers struggle to gain buyer traction. Happy owners include those in Arrowtown in the Queenstown-Lakes, which has seen values rise an average $178,000 in six months, and those…
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Owning a home is more affordable now than at any time in the past three years, according to analysis from the Royal Bank of Canada (RBC). A negligible drop in values – down 0.2% in June compared with May – combined with an aggressive campaign of interest rate cuts by the Bank of Canada (BoC)…
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