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Supply versus Demand in the Rental Market
Let’s start with some helicopter numbers. Table 1 outlines the current housing rental vacancy rates across the larger urban areas in Australia. Most locations have a vacancy rate under 1%. Weekly rents for detached houses have risen by 15% over the
Brisbane retains national capital hotspot title
The Brisbane property market has retained its position as the fastest growing capital city property market in the country. House price growth continues to outpace unit price growth, however, the gap is closing between the different product types. Supply in
Property price boom might have widened gender wealth gap
According to CoreLogic’s 2022 Women & Property report for Australia and New Zealand, women continue to have a lower total percentage of property ownership than males, possibly putting them at a disadvantage from recent real estate wealth advances In Australia
Rising living costs, interest rates and household bills
New research from Canstar reveals that 11 million Australian adults are worried they will be unable to afford household bills amid skyrocketing living costs. Housing costs including rent or mortgage repayments were cited as the biggest concern. And 72% of
Understanding the psychology of buying a home
There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value, and location. From the number of a
How do valuers assess property values?
When it comes time to draw on your portfolio’s hard-won equity for re-investment, there’s no escaping the valuation process. While there are a number of professionals who can give you a reasonable idea of what your holding is worth, the