Is Adelaide the right place to invest in 2025? Deciding whether Adelaide is the right place to invest in 2025 depends on various factors, including your investment goals, risk tolerance, and the current market trends. Here's an overview of key considerations: 1. Real Estate Market Adelaide's property market has been relatively stable compared to larger Australian cities like Sydney and Melbourne. It...
Is Hobart the right place to invest in 2025? Investing in Hobart, Tasmania, in 2025 could depend on various factors, including market conditions, economic growth, and your investment goals. Here are some considerations to help you decide if it's the right place for your investment: 1. Hobart's Property Market Past Performance: Hobart has seen significant property value growth in recent years due...
Is Canberra the right place to invest in 2025? Investing in Canberra in 2025 could be a smart choice depending on your financial goals, the type of investment, and broader economic factors. Here's a breakdown of considerations: 1. Real Estate Market Government Stability: Canberra is home to Australia's federal government, meaning its economy is heavily influenced by public sector employment. This...
The Australian property market is exhibiting notable trends as of November 30, 2024: Property Prices and Market Resilience National Trends: Despite elevated interest rates and inflation, national house prices increased by 7.7% and unit prices by 6.1% between March 2023 and March 2024. Regional Variations: Perth, Adelaide, and Brisbane are leading in annual capital growth, with Perth's home...
Rental Market Snapshot: According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metropolitan Melbourne increase to approx. 2.4% as at 30 September 2024. This has increased over the last three months, but remains steady when comparing it to 31 December 2023 where it was approximately 2.3%. The proportion of vacant properties in regional Victoria...
Top growth suburbs over the last three month period ending 30 September 2024. With interest rates remaining higher than previous years and Melbourne's imposed land tax, the property market in Victoria has underperformed the other states of Australia. There were however, a number of suburbs that witnessed very good capital growth over the course of the last three months. Here we focus and share the...
Top growth suburbs over the last three month period ending 30 June 2024. The Melbourne property market has seen some moderate gains throughout 2024, but it has been inconsistent. In comparison to other states of Australia, it hasn't outperformed. However there have been some standouts in the last quarter, many areas within the metropolitan Melbourne location achieving double digit returns in both...
Rental Market Snapshot: According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metropolitan Melbourne stands at approx. 2.2% 30 June 2024. This has remained steady for the first six months of 2024 where it was at 2.3% ending 31 December 2023. The proportion of vacant properties in regional Victoria stands at approx. 2.1% as at 30 June 2024. This has...
After the first quarter of 2024, there were many suburbs fetching higher price tags and have accumulated greatly than what was seen in 2022-2023. This is the first quarter in many consecutive quarters that Toorak was not on top. Brighton took top spot at $4,135,000, with Portsea taking second at $4,100,000. Malvern, Toorak and Kew rounded the top 5 with $3,265,000, $3,072,500 & $2,980,000 respectively....
Top growth suburbs over the last three month period ending March 2024. Property supply is in short supply, while demand remains above average. Buying activity to still relatively consistent but the market is in a period of quietness to some degree. There were many areas within metropolitan Melbourne achieving double digit returns in median property prices, however unit price growth outperformed with...