I keep getting emails telling me about how much more affordable housing has become now that interest rates are declining. Yet the evidence is wafer thin, with more often than not, an index chart attached to the spruik which needs a magnifying glass and a lot of imagination to see …
Blog Posts
A few weeks back the mainstream press ran a real estate puff piece about how much house and unit prices have grown in select suburbs in Queensland. Be very wary of this evidence. It is full of survey bias. There is no way that the same house in Auchenflower bought in …
I am often asked how someone decides what house to buy. My answer is “The best price they can find at the time”. Others in my space will wax lyrical about being close to work, in the right school zone or being near public transport. These factors do play a role …
According to a recent survey by The Committee for Brisbane some 88% of its members are in favour of a Brisbane/SEQ Olympic bid for the 2032 Games. Most (91%) see improved and delivered transit infrastructure as a major outcome of housing the Games. In addition, many see an increased brand …
I wish I had a buck for every time someone of late spruiked south east Queensland’s pending real estate boom. The usual misinformed drill is in play – improving net migration to Queensland and the proposed big government spend on SEQ infrastructure projects means more jobs and rapid property price growth. Hmmmm, the …
This post I look at the projected increase in the number of households in Australia. I have included two tables. Table 1: Summary Location Total households Annual increase % share of total increase % increase in city size 2019 2029 Australia 9,648,665 11,205,601 155,694 100% 16% Capitals 6,335,403 7,533,768 119,837 78% 19% Regions …
It was all doom and gloom in the lead up to the federal election and now, apparently, the housing market is set to improve, with some predicting another boom. Hmmm. For mine nothing has really changed as the Australian housing market still faces the same range of issues. 10 Things Future …
There is a lot of noise being bantered about regarding property investment of late. No surprises here given the pending federal election; the likelihood of a close result and the mooted investment property changes by the Labor Party. I don’t want to join the noise, but when I read or …
I hope you had a relaxing Easter break. We typically have friends and relatives gathered around at our place. And this year, both adult daughters were visiting, and it was interesting to observe where we spent most of our time awake whilst at home. In short, the kitchen area and family/tv …
One of the things we do at www.projectadvice.com.au is review a new project’s asking prices and often suggest that they should be changed. There is some science behind what we do and often there isn’t enough ‘light and shade’ between individual prices, resulting in some product selling quickly and other stock remaining unsold. …