The typical Australian is richer than the typical person in any other country in the world, according to a new survey. Australia has seized from Switzerland the global title of having the highest "median wealth per adult", in Credit Suisse’s 2018 Global Wealth Report. Not only are Australians rich by global standards, our wealth is
BRISBANE homeowners will be the envy of their southern counterparts over the next few years, with property price growth predicted to be the strongest in the country after Adelaide. House prices in the Queensland capital are forecast to rise by 11.3 per cent in the next three years, according to the latest BIS Economics Australian
In a tough housing market, more and more young people are opting to stay living at home for longer. But there is another growing trend — baby boomers moving back in with their adult kids. And it is by choice. Research suggests about one in five Australians live in a multi-generational household — and
Finding the right investment property takes a lot of research and consideration. It’s not just a matter of choosing a quiet, leafy suburb, but finding a property in a neighbourhood that will attract a steady flow of tenants. Here are three key things to look for in a neighbourhood before you invest in a property.
June quarter figures reflect a changing dynamic in the property market as real estate prices drop in major capital cities, and its renters who are coming out on top, new research shows. Property prices across Australia’s capital cities fell in the June quarter with the weighted average median prices dropping by 0.8 per cent for
BIS Oxford Economics described Brisbane as a “surprise performer” in its recent report, with expected house price growth of 2 to 3 per cent to 2019-20, before greater growth of six per cent forecast in 2020-21. According to property commentator Terry Ryder of Hotspotting, there are growing signs of improvement in Queensland's key economic indicators that are
Guest Contributor: MC Mortgage Solutions The federal government announced in the 2018–19 budget that it would be providing $10 million for initiatives that “develop women’s financial capability” and put “women in control of their financial lives” as part of a $50 million fund to promote the financial capabilities of Australian consumers. ASIC is the lead agency responsible
Source: Matusik My first property purchase was a townhouse. We made a mistake buying a two-bedroom place rather than one with three bedrooms. Well, it wasn’t that big a mistake really, except on resale we would have got a bit more in terms of capital gains if we had shelled out a bit more initially
Brisbane may not be the most popular Queensland location to invest into compared to other markets, but it is certainly seeing a rise in demand and in median price, according to new data. Data from realestate.com.au’s Property Outlook – July 2018 report shows that demand in Brisbane is up 5.9 per cent year-on-year. Both houses and apartments
In the next three years, house prices in Brisbane, Perth and Canberra are expected to surge by the most — while the Sydney market slows to a crawl. Key points: Sydney is tipped to be the slowest property market in the next three years (+3pc) Melbourne prices are expected to increase (+6pc) due to
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