Aussies turn to mates instead of professionals for financial advice
But who can you trust to give you the best advice? New research from Great Southern Bank shows Aussies are typically turning to trusted friends and family for financial advice. The bank’s No Place Like Home report found: Less than one-quarter have a current financial plan prepared by a qualified expert. Gen Z and Millennials […]
How to avoid a strata levy nightmare
While apartment and unit owners will typically pay levies into a sinking fund to cover building maintenance, they can be asked to pay extra levies if repair costs outweigh the sinking fund balance. Some buyers in recent media reports, have claimed they didn’t know about big repair jobs already on the cards at the time […]
Market update: Hints for first home buyers as investors buy up big
This could be good news for renters as more landlords means more rental properties and a potential easing of rental price pressure. But it also means more competition for first time buyers and others seeking a home to live in. This continued demand is pushing prices up. Here in Brissie median dwelling values grew $30,000 […]
Thinking of a clucking good addition to your backyard?
We’re not economists so we can say if you’ll save a dollar or not. But if you are thinking that your backyard would benefit from some chickens, here are a few things to consider. Check your local council regulations, which in northside Brissie would be either Brisbane City Council or Moreton Bay Regional Council. Get […]
#10 Brissie burbs set for a click frenzy price rise
Seven of the top #10 suburbs which saw the highest rate of searches on realestate.com.au in the past year are on the north side, with a focus on the perennially popular middle ring. Family and budget friendly suburbs like Stafford and Albany Creek are seeing a surge in searches as buyers seek to balance amenity […]
Market update: Unit rents approaching houses
Units rents rose a whopping 18 per cent between March last year and this year. House rents in Brisbane rose 10.7 per cent over the same period, roughly in line with rents nationally. Brisbane’s median weekly rent for a unit is now $590 compared to $620 for a house. Domain chief of research and economics […]
Shrinkflation hitting bathrooms
In 2023 the average number of bathrooms in a newly built home was two, down from 2.6 per home in 2022, according to research from the Housing Industry Association (HIA). Renovators are also shrinking bathroom renovations, with a majority of bathroom makeovers now working with the same space, or a smaller space. “The size of […]
#10 Best Brissie burbs for investors
Strong indicators across sales volumes, quarterly price growth, vacancy rates, rental growth and infrastructure spending are expected to combine for a standout year, says Canstar. “Brisbane enters 2024 with a push from a range of influences: buyer demand is rising; a continued rise in prices in most suburbs in the latest quarter; low vacancy rates […]
Market update: Brissie prices soar $30k in 3 months
Median Brisbane dwelling values were $787,217 at the end of 2023 and by the end of March 2024 had reached $817,564, according to the latest CoreLogic Home Value Index. While cost of living pressures are being felt, an expected stabilisation of interest rates, and continued population growth is likely to keep the market in positive […]
#3 Trends helping younger buyers get on the ladder
In fact it seems when the going gets tough in the Aussie property market, the tough get going in one of three potential directions. Here are #3 trends that are becoming mainstays of the Aussie home buying journey for an increasing number of first timers. Help from the bank of mum and dad: A whopping […]
