Fifty-five years of data tell a consistent story: Australian house prices climb through almost everything — oil shocks, double-digit interest rates, tech boom and busts, banking collapses, pandemics — and the periods when they don't are shorter and shallower than most people expect.
Read the Full ArticleThe latest population data has been released and whilst the eastern seaboard has started to return to more traditional levels of growth, it is far from being slow. There have however been some interesting changes that will flow through many parts of society; whether that is the requirement for additional housing, more healthcare, jobs or even retail.
Read the Full ArticleAs Melbourne’s relative affordability widened compared with both Sydney and Brisbane, the financial rationale for interstate relocation has weakened. Selling property in Melbourne at a relative discount only to purchase into increasingly expensive markets has become less economically attractive for many households.
Read the Full ArticleThere is a lot of discussion at present around affordability, taxation treatment of residential assets and generational wealth gaps. Whilst there are some merits of truth to many of the arguments, sometimes you just can’t change the demographic profiles of society as it ages and the influences that have occurred, particularly post 1985 when the Australian Labor Party introduced the Capital Gains Tax and the current form of Negative Gearing in 1987.
Read the Full ArticleYoung adults aged 20–34 represent the economic engine room of Australia. While accounting for just over one‑fifth of the population, this cohort contributes approximately one‑third of the nation’s total economic output.
Read the Full ArticleBrisbane’s premium apartment market continues to outperform having averaged 8.5% price growth per annum over the past decade. This has been achieved by those apartments facing the river, making them both highly desirable and very tightly held.
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