16 Brisbane suburbs that are cheaper now than 5 years ago

Brisbane’s property market had a bumper start to 2022, even while markets in Sydney and Melbourne were beginning to cool – and only now has price growth shown signs of slowing. Thanks to historically low-interest rates, government incentives, pandemic-induced interstate migration, and historic levels of demand from buyers over the past two years, prices have […]

First-home buyers on the move across state borders

Much has been made of the exodus north of Melbourne and Sydney residents but among first-home buyers at least, South Australians are the most likely to be looking interstate for their property purchase. Recently released data shows the loss of resident population in New South Wales and Victoria in the final quarter of 2021 resulted […]

Almost a quarter of properties sell for $1 million or more

A record number of Australians spent $1 million or more to secure a home in the past year, CoreLogic’s annual Million Dollar Markets report reveals. Over the year to March 2022, CoreLogic collected 596,733 sales nationally, up 19.8 per cent from the 497,923 sales recorded the previous year. Of these 23.8 per cent sold for […]

Top suburbs where investors have stronger bargaining power

Negotiation tables across some of the booming investment-grade suburbs over the past decade are now turning in favour of investors. A new study by Well Money identified 20 suburbs where investors have the edge to bargain, as vendors would only have to give up a fraction of the profits the property made over the past […]

Australia slips down the prestige corporate traveller lists

When assessing pay and conditions for their global workforce, businesses around the world factor in data about the liveability of cities and the price of rent in the prestige markets most favoured by the executive and senior staff. Australia’s appeal may have slipped a little if the latest Economist Intelligence Unit’s Global Liveability Index 2022 […]

Six mistakes that limit most investors to one or two properties

Property investment is a great way to grow wealth and finance retirement but the biggest mistake most investors make is to stop at one property. According to the Australian Bureau of Statistics, about one in five (21 per cent) Australian households own a residential property other than their usual residence. It says 68.4 per cent […]

Rental markets to bear pressure from likely surge of temporary entrants

Rental market pressures are expected to be more apparent as Australia heads into the summer months this year, especially with the likely surge in temporary entrants. BuyersBuyers CEO Doron Peleg said a rapid rebound in Australia’s temporary visa holders could lead to chronic pressure on accommodation. “By the end of May, the number of temporary […]

Perth real estate continues climb in face of obstacles

Interest rate hikes are finally stemming the tide of property growth in Australian capital cities but Perth remains one of the few to be bucking the trend. The West Australian capital sits with Brisbane and Adelaide as the exceptions, where the quarterly growth trend lifted in May, although both regions remain below the peak quarterly […]