Latest News & Blog
Property values in Melbourne are now rising in four out of five suburbs. Can it last?
Dear Fellow Property Investors, Property values are rising in four out of five suburbs around the country, as the property market upswing broadens despite rising interest rates. But the pace of growth has started to slow in Sydney and Melbourne, and last week’s interest rate hike casts a cloud over the outlook for the market. Values rose over the past three months in 83.1 per cent of house markets analysed and 80.6 per cent of unit markets, CoreLogic research found. Sydney recorded rises in 91.4 per cent of house markets and 87.4 per cent of unit markets over the past three months to...
Despite high interest rates and stretched housing affordability, values continue to rise and vacancy rates plummet as net overseas migration has hit record-high levels!
Overseas migration is frequently being called out as one of the primary factors influencing the housing market. In the face of high interest rates, low consumer sentiment and stretched housing affordability, values and rents continue to rise and vacancy rates plummet as net overseas migration has hit record highs. National home values have increased 7.2% in the year-to-date, and rent values rose 6.0% in the same period. Heated discussions around migration are drawing more focus as housing affordability worsens. But there are many other factors driving values and the rental market, and...
Australian property prices soar to record levels despite higher interest rates!
Dear Fellow Property Investor, New figures show significant growth in Brisbane, Adelaide and Perth with many suburbs seeing increases of more than 15% and Sydney up by 7.5%! Australia’s property prices have soared to record levels in several capital cities as limited sales volumes and rising populations more than made up for the dampening effect of higher interest rates, two data groups say. The new figures show significant growth in Brisbane, Adelaide, and in Perth, where five areas have recorded annual gains of more than 15%, while prices in Sydney are 7.51% higher than a year ago....
An extra 60,000 homes will be built in these 10 established Melbourne suburbs
Dear Fellow Property Investor, Did you know that an extra 60,000 homes will be built in 10 established Melbourne suburbs with existing public transport connections and retail options? Victoria's Planning Minister Sonya Kilkenny said authorities would introduce planning controls by the end of next year to allow for more dwellings to be built. Areas chosen are Broadmeadows, Camberwell Junction, Chadstone, Epping, Frankston, Moorabbin, Niddrie (Keilor Road), North Essendon, Preston (High Street) and Ringwood, tender documents from the Victorian Planning Authority show. "They've been selected...
[NEW VIDEO]: Why The Melbourne Property Market Will Boom Until 2026
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investor, Australian property prices are continuing to rise, with capital cities now hurtling towards record-high prices for houses and units. Domain’s September House Price Report found the housing market was near full recovery following the downturn in 2022. Across the capitals, house prices are just $2,000 short and units $5,000 shy of hitting new record highs. In Sydney, the median price of a house is now $1,578,099, in Melbourne it is $1,032,266 and in Brisbane it is $848,752. For...
Property prices surge in Australia signalling good news for wealthy homeowners and disaster for renters!
Dear Fellow Property Investor, A major bank is expecting house prices to run hot for the rest of the year - but renters already struggling with the cost of living will battle to keep a roof over their heads. NAB has increased its near-term forecast for the capital cities to an eight percent rise in house prices, up from the previous forecast of 4.7 percent. While the bank predicts price gains will ease in 2024 back to five percent, this still represents a whopping 13 percent growth in what property buyers need to fork over in just two years. Adelaide homes are expected to gain 8.6 percent...
Struggling With Your Current Mortgage Repayments?
Learn To Pay Off Your Home Loan In 15 years Or less, By Attending This Live 2 Day Event! Dear Fellow Property Investor, Here are the 2 key concepts that I will be teaching at my last live event for 2023! How to smash your current home mortgage in record time! and How to build a property portfolio that will have the potential to replace your current job income… Interested in learning more? Then keep reading…. You see, one of the most important concepts that you can learn in your lifetime is how to correctly structure your personal finances, and create a system that enables you to pay off a...
Melbourne’s Apartment Market is BOOMING! 39% Growth in one of Melbourne’s Top premiere suburb…
Dear Fellow Property Investor, Inner, middle and outer Melbourne have aligned to bring widespread stability to the city’s market for the first time in years. Not since the June quarter 2021 have both house and unit prices in all three of the Victorian capital’s rings recorded positive quarterly growth, according to data from the Real Estate Institute of Victoria (REIV). The figures reveal widespread increases throughout Australia’s second-most populous city, with increases driven by the city’s outer suburbs, which saw house prices jump 1.3 percent and units 1.8 percent in the three months...
[NEW VIDEO]: Melbourne Property Market Update September 2023
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Home Value Index up 0.8% in September as demand/supply imbalance continues to push values higher Utilising a fresh model upgrade, CoreLogic’s national Home Value Index (HVI) recorded a 0.8% rise in September as the recovery trend moved through an eighth consecutive month of growth. The rise follows a 0.7% lift in August (revised down from 0.8%) taking the quarterly pace of growth in national home values to 2.2%. Quarterly growth has eased from a 3.0% gain in the June quarter, reflecting a slowdown as...
Melbourne house prices to jump 12pc in 2025!
Melbourne’s housing market is poised to outperform Sydney over the next two years, with prices accelerating by 12 percent in the year to June 2025, sparked by higher demand and more constrained supply, KPMG predicts. Sydney house price growth is also expected to gain momentum, albeit at a slower 10.3 percent after inflation is factored in, during the same period. Demand by foreign investors is also starting to pick up again and tipped to keep rising. KPMG chief economist Brendan Rynne said increased demand and markedly lower supply would fuel those healthy gains by the end of 2025...
