Market update: where to buy for under $500k
The greater Brisbane area has seen median home values push towards $800,000 this year and surpass Melbourne medians. This price growth, coupled with interest rate and cost of living pressures, is making it harder for first time buyers to crack the property market. But there are still pockets of bargain price points to be found […]
Rental shake up to ban ‘rent bidding’
This would include banning ‘rent bidding’ making it illegal for a landlord to accept rental bids higher than the listed price. The proposed changes have sparked debate between landlord and tenant advocates, with some saying the reforms don’t go far enough, and others saying they’ve overstepped the mark. So who’s right? Why not take a […]
Buyers feeling more optimistic … mostly
But first timers aren’t feeling as optimistic as the rest of us. The latest Westpac Home Ownership Report has found that 44 per cent of Australians plan to buy a new home in the next five years, up 9 percentage points since July 2023, reports Smart Property Investment. In other positive news, increases were also recorded amongst […]
Market update: unit price growth reaches 16 year high
But as house prices have continued to shatter growth records, units have become a safe haven for value hunters looking to bag a bargain. This surge in demand has now seen unit growth outpace house price growth for the seventh consecutive quarter, reports Domain. “Brisbane unit prices continue to break records by achieving another price […]
Plan your weekend reno project now!
Don’t bite of more than you can chew… if you’re not a pro, a full kitchen reno may be wishful thinking. Perhaps start with a single-room cosmetic makeover, like painting your bedroom or home office. Make the most of cooler weather. Hack back the garden after the humid Brissie summer turned backyards into jungles. Create […]
Two things we didn’t expect to see in a rising market
That’s not the only surprising trend reported in recent property news. Rental enquiries are dropping, despite vacancy rates sitting at historic lows. Let’s take a look at what’s going on. In Brisbane distressed listings have dropped to a 21-month low, reports Domain. “There is definitely a larger proportion of our incomes going towards mortgage repayments,” […]
Market update: Bargain burbs tipped for buyer blitz
Here on the northside bargain burbs like Brendale and Taigum both saw double-digit growth in 2023. And that’s not surprising given they both sit below the greater Brisbane median house price which has increased by more than $300,000 in just five years, reports Domain. “Prices went from strength to strength in 2023, despite interest rate […]
#4 Autumn garden projects
Energised with an autumn spring in your step, now is the time to get your garden projects into action for the year ahead. Green thumbs, entertainers and home bodies can find some inspiration from these autumn gardening hacks. DIY pizza oven. The only thing more off-putting than building an outdoor pizza oven in the sweltering […]
Rent affordability the lowest since records began
Only one in three Queensland rental properties are now priced in the affordable zone for households earning a median income of $107,000. This is the result of rents outpacing income growth over recent years. “This sharp deterioration in rental affordability follows a period of reasonably favourable affordability over the six years from 2014-15 to 2020-21… […]
Market update: These under-rated northside spots are tipped for greatness
Suburbs like Morayfield and Keperra may never top the blue chip Brissie buying list, but in the current cost-of-living climate, affordability is reigning supreme for aspiring buyers. These suburbs, plus Brighton and Petrie, made the list of hot spots to watch in 2024 as nominated by a group of property experts surveyed by realestate.com.au. Each […]
