It seems that everyone was an investment genius when the property markets were booming. But when times get tough it’s important to listen to those who have the perspective of having lived through a number of economic cycles and who take a holistic approach to wealth creation. And clearly we are now in interesting, and…
While many Australians are keen to invest in property to secure their financial future, the statistics clearly show that most investors fail to achieve their goals. More than half of those who buy an investment property sell up in the first 5 years and only around 20,000 investors have joined the 1% club who own…
Nationally, house asking prices increased by 0.3%, while unit asking prices increased by 0.2%, resulting in a combined increase of 0.3%. Among capital cities, the average asking price rose by 0.7%, with houses increasing by 0.8% and units by 0.3%. Sydney’s market saw house asking prices rising by 1.8% and unit prices increased by 0.9%,…
If you’re trying to make sense of what’s happening in the Australian property market right now, you’re not alone. With so many conflicting headlines, economic updates, and so-called “experts” offering clickbait opinions, it can feel overwhelming, even for seasoned investors. That’s why each month I cut through the noise and bring you the latest median…
What if I told you the single biggest threat—or opportunity—for your wealth creation journey could be something you never saw coming? In the early 1980s—long before there was a TV show by the same name—economist Dr. Don Stammer taught me to always watch out for the “X Factor.” These are the wild cards of the…
Making a profit in renovating a property seems like a very attractive proposition. Buy low, renovate cheap, and add substantial value is the aim of the game. It sounds simple enough, right? While there is always a strong demand for renovated properties – as there are always people wanting to move into a property that…
Have you ever wondered what the real fix for Australia’s housing crisis might look like? Well, buckle up because it might not be what you expect. Here’s a bold assertion that’s bound to stir up some debate: the only way to truly resolve our housing crisis is for house prices to rise. Yes, you heard…
You’ve probably noticed the headlines predicting doom and gloom — again. Recession whispers are growing louder, with interest rate falls, global uncertainty, and consumer stress dominating the news. But are we really headed for a recession here in Australia? According to Shane Oliver, Chief Economist at AMP, the answer is a reassuring no. And I…
National home prices continued to rise in April, fuelled particularly by lower interest rates, which improved affordability and supported buyer confidence. According to the latest data from My Housing Market, the national capital city median house price increased by 0.8% to $1,177,737 in the April quarter compared to the March quarter. The April increase was…
Have you ever stopped to think how far Australia has come in the past 60 years? In 1966, we were a nation of 11 million, fresh off switching from pounds, shillings, and pence to dollars and cents. That transition was more than monetary. It symbolised our shift from being a British outpost to finding our…
