We believe that Australia’s housing market outlook is going to be very different from what has happened over the past couple of decades. Let’s lay it on the line, shall we? Anyone digging in their heels to protect past property mentalities is in for a surprise. Looking forward we think …
Blog Posts
A few weeks ago, I posted about the first home buyers. That missive drew quite a few comments, many in support – thanks – and some not so supportive. Several asked me for a chart showing the long term trend between the money lent to first home buyers versus investors. Others wanted …
Some $100 billion was spent on new housing construction across Australia last year. New housing construction work done State or territory 2018/19 distribution Change on year before Unemployment rate Sept 2018 Sept 2019 NSW 35% -2% 4.4% 4.5% Vic 32% 6% 4.6% 4.7% Qld 16% -11% 6.0% 6.5% SA 4% …
Whether it is what is the most liveable place or which suburb has the best whatever, the digital world has encouraged many to poll almost everything. And as the Hot Chocolate 1978 hit goes, Everyone’s a winner, baby. But these polls do lie! It pays to remember when you see …
Lots of absolute toss is written about the first home buyer in Australia. And the commentary varies in the extreme – from how active they are; to how lazy they seem and that they want everything on a silver platter. And now the Federal government has unveiled their scheme to …
Comrades have been asking me to update my property clock. So here it is. It covers the new dwelling market, as I really don’t spend that much time in the established marketplace and so I have focused my attention on new digs. My guidelines I use these guidelines to help …
Apparently, property buyers can borrow 15% more than they could 12 months ago. Well that’s the opinion of a mortgage broker I know. Others are saying that this uplift, assuming it is true, will be taken up by home buyers and will translate into 15% house price growth. Meanwhile, the …
These suburbs are expected to be the top five housing development hot spots on the Gold Coast, and in Ipswich and Logan, over the next decade or two. The table below provides a quick summary: Suburb Dwellings* % of municipality supply Gold Coast Coomera 15,479 25% Surfers Paradise 11,034 17% …
The Queensland government have just released broad hectare land profiles for the Gold Coast, Ipswich and Logan. The table below provides a quick summary: Headline summary Municipality Hectares Dwellings* % SEQld supply Gold Coast 1,994 63,234 15% Ipswich 6,532 111,617 28% Logan 9,924 123,063 30% Forecast housing typology Municipality Higher …
The story goes something like this….”Brisbane’s housing market will boom as more people in Sydney cash up and move to SEQ”. Well the chart suggests that this story line isn’t coming true. It would also appear the net interstate migration to Qld has peaked. Well maybe? There is little doubt that …
How low can they go? Most of those working in the dismal science are calling for several more drops in the RBA cash rate, with some calling out a 0%. Interestingly many of these same cats were talking about interest rate rises only 12 to 18 months ago. The chart …