Property Update
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PropertyUpdate.com.au is Australia's leading property investment wealth creation website with tips, advice and strategies from leading real estate investment experts. Follow our tips and commentary about success, property investment and money from a range of leading experts.
Property Update
6m ago
The landscape of retirement in Australia is shifting. Thanks to COVID-19, many Australians postponed their transition into their golden years. Recent figures, however, are indicating a significant trend: we've possibly reached the peak retirement age. A gradual increase has been observed over the decades in the age of retirement In an article published in the ..read more
Property Update
20h ago
Australia’s housing market has become harder for first-home buyers to access over time. The past two decades saw an increase of around 150% in the CoreLogic Home Value Index nationally, compared with an 82% rise in the ABS Wage Price Index. As a result, the wealth of property owners looking to buy their next home ..read more
Property Update
1d ago
In a remarkable display of market strength, Australian homeowners in key capitals have witnessed their property equity soar by over $100,000 in just the past year. The PropTrack Home Price Index for March reveals a noteworthy trend: even with a surge in listings, property prices have not only held firm but reached new heights, underscoring ..read more
Property Update
1d ago
A key financial goal for most people is to eventually repay their home loan. Last year I outlined 3 questions you must ask yourself to determine whether repaying your home loan is your top priority – see here. The internet is filled with countless ideas on how to repay your home loan faster. However, many of ..read more
Property Update
1d ago
Today, we're diving into a topic that's making waves in the property market. I’m joined by Julie Toth, Chief Economist at PEXA, to discuss the findings of their 2023 Cash Purchases Report, which sheds light on a startling trend: over a quarter of residential properties in Australia's eastern states were bought with cash in 2023 ..read more
Property Update
2d ago
Who are Australia's migrants? In his article in The New Daily, leading demographer Simon Kuestenmacher discussed the likelihood of future Australian governments maintaining our high migration approach. So, let's delve deeper into the makeup of these migrants and the implications of our current immigration policy.. Understanding the migration pattern Let's look at an average year ..read more
Property Update
3d ago
Australia’s rental market is in crisis with vacancy rates at all-time lows, slim rental stock and skyrocketing prices. But there are some areas bucking the trend. New PropTrack data shows that in some regions, the availability of rental properties is actually increasing. Could this be a sign that our rental crisis is turning a corner ..read more
Property Update
3d ago
I’ve often said that demographic changes will be more important in shaping our property markets in the medium to long term than the ups and downs of interest rates or the vagaries of our economy, so I’m pleased to have leading demographer Simon Kuestenmacher back on the show. Simon is a co-founder of The Demographics ..read more
Property Update
3d ago
Melbourne, often hailed as the cultural capital of Australia, boasts a vibrant real estate landscape, particularly in the realm of apartment developments. With its thriving economy, diverse neighborhoods, and dynamic lifestyle offerings, it's no wonder that Melbourne continues to attract investors, homebuyers, and renters alike. However, amidst the plethora of options, finding the top new developments ..read more
Property Update
3d ago
The dynamics of immigration and visa requirements have an impact on Australia's housing market, in addition to local issues. In recent years, visa categories like as the Partner Visa and the Skilled Occupation List have had a substantial impact on property market patterns around the country. Understanding how these immigration limitations affect the real estate ..read more