2.5 million Aussies move in with family or friends in past year – new data reveals
Property Update
by Leanne Jopson
20h ago
Rental costs in Australia keep on increasing. Because of this, shared housing is quickly becoming the answer for many to the skyrocketing cost of living, according to new research by Finder. The survey of 1,070 respondents revealed more than 1 in 10 (12%) Australians – equivalent to 2.5 million people – have moved into shared ..read more
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The Future of Property Investing – Robo-Advisors and Real Estate
Property Update
by Guest Expert
2d ago
Investing in property has never been more dynamic. Emerging technologies are reshaping investment management. Robo-advisors, powered by advanced artificial intelligence, are redefining precision and efficiency. They navigate complex real estate markets, making strategic decisions more accessible. As the digital landscape evolves, the implications for property investment are profound. This marks a shift towards a more data-driven ..read more
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The Financial Benefits of House and Land Packages in Perth
Property Update
by Guest Expert
2d ago
In Perth's dynamic property market, house and land packages are proving to be a savvy financial strategy for many homebuyers. These all-inclusive deals offer you the opportunity to purchase a plot of land and construct a brand-new home in one seamless transaction. This approach is becoming increasingly popular as it simplifies the process of buying ..read more
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Property markets are always on the move
Property Update
by John Lindeman
2d ago
Have the Perth and Adelaide housing markets peaked? And if so, where will we find the next boom markets? The answer lies in who is doing the buying and selling. Experts commonly refer to a city’s median housing price when describing its performance, but this is misleading. The median price lumps all buyers and sellers ..read more
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If the RBA’s right, interest rates may not fall for another year. Here’s why – and what it means for next week’s budget
Property Update
by Guest Expert
2d ago
The Reserve Bank is now assuming Australians will see no interest rate cuts this year – and quite possibly none before the next federal election, due next May. That’s a big change compared to just three months ago. Back in February, the Reserve Bank assumed three rate cuts before the middle of the next year ..read more
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Warning: Watch out for these 4 common real estate scams
Property Update
by Joseph Ballota
2d ago
Buying a property is one of the biggest transactions you’ll ever make. It’s one that you’ve probably saved and prepared for a long time and are eager to make happen. The problem is, among all the activity, buyers are unaware that scammers are out there, lurking and waiting. Real estate scams are commonly related to ..read more
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[Podcast] Is stopping immigration the secret to solving our housing nightmare? With Ken Raiss
Property Update
by Michael Yardney
2d ago
Today's show tackles a hot-button issue in Australia: housing affordability. With skyrocketing prices and rents, and a shortage of available homes, many are pointing the finger at immigration. What if we stopped immigration? Would this be the panacea to our housing crisis? Is stopping immigration really the answer? Ken Raiss, Director of Metropole Wealth Advisory ..read more
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Rate hikes divide housing market: almost one in two capital city suburbs hit record high
Property Update
by Tim Lawless
3d ago
Amidst Australia's historic two-year rate hike cycle, the property market has become a picture of resilience and decline, showcasing stark contrasts across cities, suburbs, and regions. A CoreLogic Australia analysis comparing the property market's performance two years before and after the rate hike cycle reveals that home values across the nation have risen only 2.8 ..read more
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Victoria cracks down on rental standards: landlords face fines up to $57,000
Property Update
by Leanne Jopson
3d ago
The Victorian government is tightening its grip on rental property standards in response to a significant increase in tenant complaints. This crackdown, led by Minister for Consumer Affairs, Gabrielle Williams, and Consumer Affairs Victoria director, Nicole Rich, reminds landlords of their legal responsibilities to provide safe and functional rental properties. "Every Victorian renter has the ..read more
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Here’s what I think about crypto
Property Update
by Stuart Wemyss
3d ago
The price of Bitcoin has risen 64% in 2024 so far. That’s after rising 156% in 2023! Last week, a client brought to my attention that the CEO of the largest asset manager in the world, Blackrock, suggested that crypto is a good long-term store of value. He likened it to digital gold. This might all seem like ..read more
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