Australian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear

CoreLogic’s June Home Value Index shows Australia’s property values finished the financial year on a high with a further 1.9% growth over the month National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.6% over the year, compared to a 6.8% lift in unit values. CoreLogic … Continue reading Australian dwelling values finish the financial year 13.5% higher, but a loss of momentum is clear

Property Investors Shave Thousands Off Tax Bill With One Simple Trick

BMT Tax Depreciation says investment property owners can find thousands of dollars worth of extra tax deductions this financial year with one simple tax planning trick: pre-paying property-related expenses before 30 June. “A pre-paid expense is a payment you make this financial year for something that provides a service the following financial year,” explained BMT Chief Executive Officer and experienced property investor, Bradley Beer. Mr. … Continue reading Property Investors Shave Thousands Off Tax Bill With One Simple Trick

CoreLogic: 218 Markets reach the Million-dollar Club, according to a new report

Despite a tumultuous 12 months for the Australian property market, from COVID-induced dips to new record high peaks, CoreLogic’s inaugural Million Dollar Markets report released today has identified 218 markets where either house or unit median values in a suburb reached the million-dollar-mark in May 2021 compared to May 2020. The report also highlights how the current housing market upswing has happened nationwide, with each … Continue reading CoreLogic: 218 Markets reach the Million-dollar Club, according to a new report

How much growth is left in the Sydney property market?

The latest CoreLogic data shows that Sydney median dwelling values have soared by more 10 per cent over the past year, but how much growth is there left? According to the CoreLogic Home Value Index for May, the median dwelling value in Sydney increased by 11.2 per cent over the year to reach a new record high. Grant Foley Property Director and Buyers’ Agent Grant … Continue reading How much growth is left in the Sydney property market?

Some of my mistakes – Michael Yardney

Doing good research about property investment is key to a strong portfolio. For dedicated investors, there is always room to grow and improve. It’s easy to find a lot of investment advice, but not all of it is good. We spoke to Michael Yardney of Metropole Property Strategists. Michael has been investing in property since the Whitlam era and has seen it all. He shares … Continue reading Some of my mistakes – Michael Yardney

Navigating cycles can be tricky by Michael Yardney

One of the interesting things about the property market is that it moves in cycles – not only cycles in time but cycles around the country. This can be tricky for investors to navigate when they are starting out, but with sound fundamentals and strong investment principles, these cycles can be used to our advantage. We spoke to Michael Yardney of Metropole Property Strategists. Michael … Continue reading Navigating cycles can be tricky by Michael Yardney

Getting on the interstate bandwagon by Michael Yardney

There are times in the market when it makes the most sense to invest interstate. During times of fantastic growth in the property sector, there’s nothing wrong with jumping onto the bandwagon. But like any investment, it pays to know where the risks and pitfalls lie before jumping in with both feet. We spoke with Michael Yardney of Metropole, an investment property strategist and a … Continue reading Getting on the interstate bandwagon by Michael Yardney

Buyer beware of the renovated property

Eager property buyers should be extra cautious of recently renovated properties that could be masking serious pest and structural issues in sellers’ haste to capitalise on soaring property markets, according to real estate expert and buyer’s agent Patrick Bright. Mr Bright, who is the author of The Insider’s Guide to Buying Real Estate and director of EPS Property Search, said buyers should be more worried … Continue reading Buyer beware of the renovated property

CoreLogic February Home Value Index

Australian housing market values rise at the fastest rate in seventeen years – Embargoed until 01/03/21 10 am AEDT Australian home values surged 2.1% higher in February; the largest month-on-month change in CoreLogic’s national home value index since August 2003.  Spurred on by a combination of record-low mortgage rates, improving economic conditions, government incentives, and low advertised supply levels, Australia’s housing market is in the … Continue reading CoreLogic February Home Value Index

CoreLogic Property Pulse

The House Always Wins: Why house sales vastly outstripped  unit sales over the year  By Eliza Owen, Head of Research Australia at CoreLogic In the year to January, CoreLogic estimates that there were 459,308 properties transacted across Australia. Most of these sales were houses, rather than units.   It is not unusual for house sales to make up the majority of transactions, with houses making up … Continue reading CoreLogic Property Pulse