Although people buying and selling property quickly have done well through the pandemic, holding property long- term is always the best strategy to build wealth. But how does property compare to other asset classes? Nerida Conisbee, Ray White Chief Economist.
West is best: WA remains affordability capital over past 20 years for buyers
Perth remains Australia’s most affordable capital city according to the Real Estate Institute of Australia’s (REIA) latest report, “Real Estate Market Facts: A 20-year report 2002-2022”.
John McGrath – Unlimited potential for Apple Isle property values
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, Tasmania has been one of Australia’s hottest property markets for several years, and COVID-19 simply turbocharged the trend.
REIA 20 year report shows lower rental rises while capital values soar
The Real Estate Institute of Australia (REIA) President, Mr Hayden Groves said the latest REIA report shows Australian housing prices have doubled over the past two decades while rentals have recorded half that growth.
Sink, swim or tread water is the message for agents from Reap Dashboard
Chris Mercer, of REAP Dashboard, recently presented an enlightening webinar, sharing the data and insights which will shape the next 12 months. The data here is aggregated from a cross section of agencies and markets around the country.
More land is required to build one million new homes over five years - HIA
The HIA-CoreLogic Residential Land Report provides updated information on sales activity in 51 housing markets across Australia, including the six state capital cities.
Rising rates shrinks Australia’s pool of million-dollar markets - CoreLogic
According to CoreLogic Research Director Tim Lawless, the number of suburbs in Australia’s million-dollar club has shrunk considerably in the past six months.
Ahead of 2022 Election, Strata Peak Body Responds to Victorian Liberal Policies on EV Charging, Rooftop Solar & VCAT Funding
Following formal launch of the Coalition’s Real Solutions Plan, property peak body Strata Community Association (Vic) has responded to three key policy announcements of interest to Victoria’s $343 billion strata (apartment and townhouse) living sector said SCA (Vic) President Gregor Evans.
Busselton and Bunbury the top performers for price growth in September quarter - REIWA
REIWA President Joe White said regional Western Australia was still tracking well, with most areas showing growth or remaining stable over the quarter.
6 things to expect from the property market in 2023
While 2022 has been characterised by a stalling of the property market and a fall in property prices, 2023 will be defined by a return to growth, according to Buyers Agency Australia Founder Dragan Dimovski.