We believe that Australia’s housing market outlook is going to be very different than what has happened over the past couple of decades. Let’s lay it on the line, shall we? We believe that anyone digging in their heels to protect past property mentalities is in for a surprise. Post …
Blog Posts
Just over two-thirds of Australian households own a pet. Of these 38% are dog owners and 29% are cat owners. In addition to this, just over half of the people who don’t currently own a pet admit that they would like one. Australia has the highest rate of pet ownership in …
A lot is being written and said about the future of Australia’s house prices. There seems to be a lot of confusion about the issue. I have included three tables in this missive in an attempt to outline what I think is the real state of play. Table 1 Housing …
Quite a few folks have asked me to do a 10 Things: Moreton Bay post. So here goes. 1. Moreton Bay Regional Council holds 460,000 permanent residents and is growing by 10,000 new inhabitants per annum. There is a need to build 3,700 new dwellings in the area each year. 2. Whilst there …
The Grattan Institute earlier this month released another great report on Australia’s urban landscape. To read the 87-page report go here. But for those of you that are time short, I have pulled together 10 things you need to know about this work. Many of them are quite surprising. 10 things 1. …
Each quarter the ABS releases its Demographic Statistics which holds the latest population results for each Australian state or territory. These figures include interstate migration movements. Queensland’s improving population growth is usually accompanied with rising property values. But this doesn’t appear to be the case at present. But before I …
Following on from last week’s post – revisit here – this week I have looked at the state of play for new housing supply and underlying demand for south east Queensland. Two tables are included, the first looks at the situation by major region – inner Brisbane (within 5km of the …
Much is written about population growth in the real estate space, with most making comments about how it adds to underlying housing demand. In equal fashion a lot is written about new housing supply, with many quick to jump on either the ‘under supplied’ or ‘oversupplied’ bandwagon. Most of the …
Much has been written about the apartment market and the perceived state of play of inner Brisbane apartments. Like most things in real estate, hyperbole is the order of the day, with the recent boom and current doom being exaggerated. Our research has found that inner Brisbane is now struggling to keep …
Much is written about population growth and its positive impact on most things economic. But there is also sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 776 vehicles per 1,000 bodies. It was 723 …
I am often asked about when it is the best time to sell a home. Most think it is spring. And yes, it is slightly better but only marginally so. As a summary across all capitals – 21% of sales take place in summer; 26% in autumn; 25% in winter …