First home buyers: home deposit or lifestyle

When I was browsing Facebook today I noticed there was an article from SMH. The title is ‘We’re conning young people’: The double whammy trapping first home buyers (URL: https://www.smh.com.au/property/news/we-re-conning-young-people-the-double-whammy-trapping-first-home-buyers-20220114-p59oaa.html). Basically the article says that first home buyers “are facing a double whammy of rising rents and soaring house prices, combining to make it harder …

How many years it will take to save enough deposit for a property?

How many years it will take to save enough deposit for a property? Based on an article published on domain.com.au, it really depends on the deposit needed, for example, “The comparison between the time taken to save a 20 per cent and a 5 per cent deposit is pretty stark.” If the deposit needed drops …

Aussies trapped in ‘commodity bust, housing boom’ cycle and the unwinding is going to be painful

There is an article published on financialpost.com dated 29/09/2016. I think it is worth to read. Basically it argues that Australia is “having its central bank backed into a corner, forced to warn about the dangers of high debt and hot housing markets, while powerless to change interest rates as a commodity bust weighs on the economy.” Economists …

One reason that you should NOT buy Central Melbourne off-plan apartments

You should NOT buy Central Melbourne off-plan apartments unless you are willing to take a loss as Melbourne units fall an average 11.5% in year one, according to the The Australian Financial Review Magazine. Central Melbourne off-plan apartments fell about 11 per cent in the first year between their original purchase and pre-settlement valuation, figures from valuation firm …

Top 10 highest yielding suburbs for houses in Australia

According to the latest RP Data, the TOP 10 highest yielding suburbs for houses in Australia are: 1. Miles, Dalby, Darling Downs, QLD AVM Rental Yield: 9.8% Located 340 kilometres west of Brisbane on the Warrego Highway, Miles is a rural town with a growing prevalence of LNG projects with a population of only 1,856 …

Are we concerned too much on foreign ownership of Australian property?

Maybe you are not, but more than 26,000 people have signed a change.org petition for tighter rules on foreign ownership of Australian property, according to Domain.com.au. The boost to the number of signatories to the petition – there’s been a jump of 20,000 in a month – comes as the boss of a Chinese property website …

10年后你的房子值多少钱?

据《先锋太阳报》报道,未来10年澳洲房价将大涨,绝大多数首府城市的房产中位价将破100万澳元大关。 到了2024年,悉尼的房产中位价将达到182.4万澳元,是全澳最高的。​ 对于那些已经拥房在手的人来说,这是个好消息,但对于那些计划买房的人来说,这无疑是晴天霹雳。 RP Data数据显示,1980年澳洲的房产中位价是3.75万澳元,但到了2010年,房产中位价达到了42.55万澳元。这意味着在截止2010年的过去30年里,澳洲房价以每年8.43%的速度疯涨。根据这一数据来分析和推算,澳洲所有首府城市的房产中位价在10年后会突破100万大关。​ 到了2024年,墨尔本的房产中位价将超过100万澳元,达到136.6万澳元,悉尼房产中位价达到182.4万澳元,依然是澳洲最贵城市, 专家相信澳洲房价将继续上涨,这将导致置业者将目光投向更小的房产,包括公寓。家庭收入的增幅并未跟上房价上涨的幅度,所以房价的可负担性会进一步恶化。

Which cities deliver lowest yields to Australia property investors?

If you are property investors, can you guess which city delivers lowest rental yields? According to the Australian Property Monitors report, houses and units in Australia’s two largest capital cities, Sydney and Melbourne, are offering landlords comparatively low returns as rental markets across the country rebalance. The Australian Property Monitor’s Rental Price Series Quarterly Report shows …

Learn how much you need to invest now if you want to retire on property

The latest Association of Superannuation Funds of Australia research shows that, in general, a couple looking to achieve a comfortable retirement needs to spend $57,195 a year, while those seeking a ‘modest’ retirement lifestyle need to spend $33,120 a year which means that the average couple need a lump sum of about $660,000 to survive …

Should you invest in property: The average annual return of australia property

Australian property produced an average annual return of 5.3 per cent over the past 10 years to December 31, 2012. According to a SMH article, Australian shares produced an average annual return of 9.1 per cent over the past 10 years to December 31, 2012. Superannuation and Australian bonds were the next best performers, returning …

The weak property market has finally turned around?

HOUSE prices in Australia’s capital cities leapt 1.4 per cent in September, suggesting that recent rate cuts by the central bank are buoying the market. The finding in the latest RP Rismark Home Values Index, released on Tuesday 02/10/2012, was the largest monthly increase since March 2010. On a quarterly basis, house prices in the …