Property is a reliable case study of how a market responds to varying economic factors. Whether you are a buyer or seller, the dynamics that influence real estate rarely change – confidence in the economy, perceptions of job security, mortgage costs, and supply and demand. Right now, we’re seeing buyers pivoting as they grapple with…
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With a focus on cost-of-living pressures since the post-Covid spike in inflation, many homeowners have been investigating the benefits of downsizing or taking out a reverse mortgage – and sometimes both. The impetus to downsize usually strikes so-called “empty-nesters” – those couples whose adult children are no longer living in the family home. But levies…
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As more people become increasingly aware of their environmental footprint, sustainable living is gaining momentum. This translates into a growing interest in eco-friendly home renovations and upgrades. By making conscious choices, homeowners can significantly reduce their impact on the planet while enjoying a comfortable and healthy living space. And just as importantly, you’ll be adding…
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As the weather warms, buyers will find an increasing number of homes with swimming pools coming onto the market. Spring and summer are the ideal times to sell a home with a pool, and many buyers will get caught up in the exciting prospect of enjoying hot days in their own pool. For many, it’s…
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After four years of record-breaking rental growth, investors and landlords are now moving into a period of consolidation. Industry research CoreLogic says its latest rental data shows rents grew 0.1% in July – the smallest increase since 2020. Over the previous 12 months, rents increased by 7.8%, which is still substantially above the rate of…
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For the 19th consecutive month, Australian property prices recorded value growth despite continuing high interest rates and an economy showing slightly higher unemployment and weakening fundamentals. Leading industry researcher CoreLogic said values were up a further 0.5% month-on-month in August, delivering a rolling 12-week growth rate of 1.7%. The market has been unable to sustain…
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Industry data and commentary may suggest the post-Covid rebound in our national real estate market is losing steam, but home-loan data suggests otherwise. In the latest figures released by the Australian Bureau of Statistics, the total value of new housing loans rose 3.9% month-on-month in July to $30.6 billion. Investors are leading the charge. Their…
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As the old saying goes, life’s only inevitabilities are death and taxes. In the world of real estate, we’re facing not death but a so-called “silver tsunami” of aging owners who want to downsize or move into a retirement village. The need for our seniors to leave their family home is often hampered by transaction…
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The rapid advancement of technology and AI is revolutionising the real estate industry and changing how properties are being bought and sold. Here are four technological advancements that can save you money and time, and reduce stress. Virtual Tours Virtual tours allow buyers to explore properties remotely through immersive 3D walkthroughs and interactive videos. This…
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In the ever-changing world of real estate, it pays to stay informed. Listening to a podcast is a great way to stay up to date and learn valuable new tips without it feeling like hard work. And what better way to do that than by tuning into the best property podcasts the country has to…
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