Have you dreamed of living a house in the suburbs? Well, according to the latest survey from Compare the Market, the majority of people across Australia, Canada and the United States would prefer living in suburbia rather than to live in a city. The survey interestingly revealed that more Australians prefer suburbia compared to the…
Key takeaways We’re almost at the end of the year and property prices have kept rising for almost 11 months in a row despite 13 interest rate rises, high inflation and reduced borrowing capacity. The peak-to-trough change in Australian house prices in 2022 was 9 per cent according to Corelogic, and only 4 per cent…
In this article, I talk us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose-coloured glasses, but in order to minimise your risks and maximise your chances of turning a good profit (remember you want at least 15 per cent on the development…
Key takeaways The five key themes for 2023 were: better than feared growth; disinflation; peak interest rates (probably in Australia too); lots of geopolitical threats but not as bad as feared; and AI hit the big time. This boosted shares and helped bonds with solid superannuation fund returns. 2024 is likely to see positive returns…
Key takeaways Australia’s housing market continues to defy expectations! Despite 13 interest rate increases from the Reserve Bank of Australia, which have seen official rates rise by 4.25 per cent over the 18 months, property prices have not only stopped falling, but they have now been on the rise since early 2023. It is clear…
Nassim Nicholas Taleb became famous for his book The Black Swan which taught us to look out for the unexpected X-Factor. He also wrote The Bed of Procrustes, a collection of hundreds of “philosophical and practical aphorisms” – pithy one-line quotes full of meaning and importance. I’ve selected a number of these that struck me…
2023 is ending with increasingly diverse housing conditions. While our national Home Value Index reached a nominal recovery in November, the market from city to city and region to region is moving at very different speeds. The 0.6% rise in the national index in November was the smallest monthly gain since the growth cycle commenced…
Australia’s population growth has rocketed back to the boom rates of the mid-1950s, increasing by 2.4 per cent in the 12 months to June according to the latest figures released by the Australian Bureau of Statistics (ABS). A record half million-plus net influx of foreign students, workers and permanent settlers came to these shores. Net…
Key takeaways The outlook for the property market in 2024 will be shaped by various push-pull factors at play between a supply shortfall, strong population growth and interest rates remaining higher for longer. By the end of 2024, combined capital house and unit prices are forecasted to be at a record high, with Sydney, Brisbane,…
The impact of a school environment doesn’t stop at the four walls of a classroom. They also reach beyond the classrooms, seeping into the hallways, the lab, the gym, and the school’s exterior. If you’re a school owner, it’s in your best interest to foster a holistic environment that’s conducive to learning. You’d also want…
