The Budget and property The government has been applauded for doing both ‘something’ and nothing in this year’s Federal Budget…READ MORE 30-year residential leases Media and business identity Mark Bouris has touted the idea of 30-year leases to overcome affordability and home ownership woes… READ MORE Purple Bricks turn red Purple Bricks could be in more hot water as Australia’s fair trading bodies are looking into … Continue reading Budget and property + 30-year residential leases + Purple Bricks turn red

Longest interest rate dry spell The Reserve Bank of Australia has decided to keep interest rates steady at 1.5% The RBA hasn’t raised official interest rates since late 2010, while rates have remained stagnant since August 2016 – the longest spell of policy inertia to date. While last year economists were predicting interest rates to finally rise in early 2018, most backtracked and now believe a … Continue reading Longest interest rate dry spell + Renovation vs marriage + Aussie regions show signs of increases

Why property price growth in big capital cities is becoming more about international drivers The International Monetary Fund said property prices in cities like Sydney and Melbourne are becoming more and more influenced by overseas factors rather than domestic elements… READ MORE A Tanzanian schoolboy is looking to change how we build houses Edgar Tarimo has just won the Tanzanian schoolboy has accepted the 2017 Children’s … Continue reading Property price growth update + Calls for councils to get tougher + The clever words agents use

What’s next for Australian property prices? Economic experts are at loggerheads over the Australian property market’s health and outlook, with UBS arguing a 35 per cent slump in the mortgage borrowing power of Australians, and steep house price falls, is possible. READ MORE Perth improves New CoreLogic data has found that Perth property prices made some progress in March with a 0.3% increase in home … Continue reading More homes needed + Confusion upsets Nicola + Perth improves

Rent free home hurdles VIDEO applications, an interview with four CEOs and you have to be sustainably minded – but not too sustainably minded. Could this rent-free Melbourne home have the nation’s toughest tenancy application? Check it out!  NIMBYs costing Aussies billions So-called ‘nimbyism’ is stunting the growth of Australian cities and remains at the glowing centre of the housing affordability debate. Read more House … Continue reading We got fooled – and it was the highlight of the week!

Nicola McDougall from Bricks & Mortar Media and Kevin discuss the most topical property news items from the week – or the ones they noticed. A light hearted way to end the week. Enjoy! How Melbourne house prices of 1997 compare to 2017 Melbourne’s median house price has gone up by over 300 per cent in 20 years – which is amazing – but weekly … Continue reading Brisbane property millionaires + It pays to be 'pet friendly' + The folly of buying with friends

Latest PIPA Member Survey results reveal more advisors like Perth than Sydney as an investment.   Brisbane also rates well but this is certainly a surprise given Sydney’s growth in recent times.  This highlights the point made by PIPA that Sydney has just been playing catch up in the last 5 years. https://www.yourinvestmentpropertymag.com.au/news/aussie-capitals-that-offer-solid-investment-prospects-247820.aspx A “robust” discussion about Brisbane Housing in 2050 has sprung up between developers … Continue reading More advisors like Perth than Sydney + Warning to renters + Benchmark high housing median