Latest News & Blog
Five Key Charts that explain the current Australian property market…
Dear Fellow Property Investor, The Australian housing market has weathered significant challenges over the past five years, showing remarkable resilience despite a global pandemic, multiple interest rate hikes, and high inflation. The latest data sheds light on the current state of the property market and offers insights into its trajectory for the remainder of 2024. 1. Total value of residential dwellings The total value of residential dwellings in Australia surged by $209.4 billion this quarter, reaching $10.7 trillion. This represents a 2% quarterly increase and a 9% year-on-year rise....
[NEW VIDEO]: The Melbourne Property Market Update June 2024
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Australia’s wealth is highly concentrated in our housing market. The total value of the nation’s residential housing stock hit $10.4 trillion in late 2023, according to the Australian Bureau of Statistics (ABS). Broadly speaking, the property market has recovered from the downturn in prices of 2022. Despite a series of interest rate hikes taking the cash rate to a decade high of 4.35 per cent, property prices across the nation surprisingly went up in 2023. Alongside the constrained housing supply, economists...
[NEW VIDEO]: Melbourne’s Top 10 Best Cheapie Suburbs With High Capital Growth Potential In 2024
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Dear Fellow Property Investor, The Melbourne real estate market is buzzing with potential at the start of 2024, offering a plethora of opportunities for savvy investors and homebuyers alike. So, what suburbs will boom in Melbourne this year? A handful of Melbourne suburbs recorded double-digit property price increases over 2023, bucking the city’s wider trend of modest growth. Melbourne’s median house price median rose 2 per cent to $1,047,000 over the 12 months to December, and its unit price grew 4 per...
[NEW VIDEO]: Why The Smartest Investors Are Back Buying Into The Melbourne Property Market!
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Did you know that Property Investors are swallowing up even more of the housing market? In Australian politics there are relatively few issues outside of foreign policy that the two major parties can agree on. But there is one issue where both sides ostensibly agree: greater levels of home ownership. In the run up to the last federal election, then Opposition Leader Anthony Albanese promised that a Labor government would help people achieve the “great Australian dream of home ownership”. “For too long...
Why you need to buy NOW (if you can): How Australia’s house prices are about to soar even higher
Dear Fellow Property Investor, Australian big city house prices are tipped to surge by more than a third during the next three years with Sydney's median price set to hit the $2million mark. The increases forecast between now and June 2027 would be even more significant than the price rises since the onset of Covid four years ago, which covered interest rates aggressively rising from record-low levels as immigration soared. Oxford Economics Australia is forecasting that Sydney's median house price will hit $1.934million by June 2027, with Perth reaching $1million. The median price in...
Four years on: How much Australian home prices have surged since the pandemic…
Dear Fellow Property Investor, In the four years since the pandemic began, home prices around the country have staged a remarkable feat. From fears of sharp falls through the pandemic, to predictions of steep declines when interest rates began to quickly climb, home prices have defied the expectations of many, surging 39.9% nationally. Throughout this four-year period, multiple factors have influenced and shifted housing trends, with the housing market cycling through different phases as a result of the pandemic's wide-ranging economic and social impacts. The supply of properties for...
The Top Performing Melbourne suburbs where homes are earning more than their owners!
Dear Fellow Property Investor, With property prices reaching record highs across the country, the humble home has become the main breadwinner in many households. In certain suburbs, homes are earning multiple times the average wage. National property prices hit new record highs in February, up 6.15% compared to a year ago, the fastest annual rise since July 2022, according to PropTrack. For hundreds of thousands of Australians, that growth means their homes may have generated more income than their own salaries over the past year. New analysis has used PropTrack's automation valuation...
Why buying Melbourne CBD apartments is a bad investment, even during the current housing affordability crisis in 2024!
Dear Fellow Property Investor, Apartments are selling at a loss in Australia's two biggest cities even during a housing affordability crisis, new data shows. Record-high immigration has pushed up house prices but more inner-city units are selling at a loss in already-overcrowded Sydney and Melbourne than anywhere else. An ultra-tight rental market and a digit-double surge in rents during the past year is also no guarantee that units will go up in value, especially if they are in a high-rise tower. In the centre of Melbourne, 40.7 per cent of apartments sold at a loss during the December...
[NEW VIDEO]: What Do The New Stage 3 Tax Cuts Mean For The Melbourne Property Market?
Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak. Are the Stage 3 tax cuts fair (and will they happen)? On January 15, Prime Minister Anthony Albanese said the Stage 3 tax cuts were here to stay despite Labor’s consistent reservations, according to the Australian Associated Press. Since then, the conversation has swirled about the fairness of the Stage 3 tax cuts, which is set to cost the government $313 billion over 10 years. By January 22, one media outlet had claimed that the tax cuts were not going ahead as planned – although at the time of writing,...
7 Charts explaining why Australia has a rental crisis…bad news for tenants, good news for landlords!
Dear Fellow Property Investor, If you are wondering why Australia is suffering its worst rental crisis in living memory, look no further than today’s official September quarter immigration data from the Australian Bureau of Statistics (ABS). Australia’s population surged by 660,000 people in the year to September 2023, driven by a record-high net overseas migration of 549,000: 145,200 net overseas migrants landed in Australia in the September quarter of 2023, the second highest quarterly figure on record behind March 2023: Net overseas migration as a share of Australia’s month remained at...