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Select seaside housing markets dependant on tourism and the holiday homebuyer market are likely to be among 2014’s worst performing property markets, according to DSRscore.com.au figures. DSRScore’s September data revealed which Australian suburbs were facing an undersupply of property and, conversely, an oversupply. While an undersupply of property was considered favourable to investors, areas with […]
I’m a big fan of property investing and I believe everyone should have a go. But I feel compelled to talk about the often glossed over downside to investing in property. Many of the so called advisors in the real estate market don’t often talk about what could go wrong. Instead, they highlight how you […]
If you’re thinking of investing in property, these six steps will help you invest in the right property that delivers profits now and in the future, according to Chris Gray, property expert and author of The Effortless Empire – Building wealth from property: 1. Choose property that’s attractive to tenants. It should be clean, have […]
While Sydney and Melbourne raced ahead during the past 12 months, Brisbane fell behind. So will 2014 be Brisbane’s time to shine? Vendors waited anxiously for the highly anticipated return of buyers’ interest. They were counting on the recent surge in buying activity in Sydney and Perth spreading to Brisbane’s depressed property market. Heck, if […]
The Australian Bureau of statistics has released new data on housing starts for the June 2013 quarter which shows Queensland’s total dwelling unit commencement is up to 29,343 for the 2012-13 financial year. This number is up by 19,343, and represents a positive step for a market that’s struggled in recent years. “The June figure […]
Brisbane’s residential property market appears to be strengthening, with the sub-$1 million price bracket leading the way. Leading Queensland real estate agency Place is reporting more than $80 million worth of residential property was sold in transactions negotiated by just two of their offices in October; a record month for sales. More then 80% of […]
The results of our annual Housing Affordability Sentiment Index are out, and our national housing mood is definitely positive. At a national level, Australians’ sentiment towards housing affordabilitysignificantly improved in 2013, with a HASI of 4.5 (up +0.1). Click here for additional insights about Gen Y, Baby Boomers and more. Lets take a look at the […]
Based on data from realestate.com.au the top 10 nationwide suburbs for the last quarter have been announced. The suburbs are ranked by which are most in demand by buyers and investors, making the information invaluable across the property market. With over 20 million visits every month to realestate.com.au the latest data gives nationwide insight to […]