Market update: When will property values start to rise again?
But a recent analysis from one of our favourite property gurus shows that when it comes to Australian house prices, the upswings tend to be bigger than the downturns. In his latest Matusik Missive post, ex-Brissie property oracle Michael Matusik takes a look at Australian house price cycles dating back to 1989. The data shows […]
It’s time to paint the house … wasabi green?!
Each year this painting powerhouse predicts the colour palettes that are most likely to bring out your inner Shaynna Blaze. In 2023, Dulux has launched three “emotive palettes inspired by our need to reconnect with nature, desire for balance and calm, as well as reviving our spirits with joy and play”. Here’s a quick guide […]
These #2 north Brissie burbs are so hot right now for families
There are literally dozens of north Brissie burbs that fit that description. But two in particular have been called out amongst the realestate.com.au Hot 100 suburbs for having ticks in all the right boxes when it comes to being family friendly. Locals have long known Bracken Ridge and its sturdy weatherboards are great budget-friendly options […]
North Brissie the new hot spot for luxury town homes
Luxury higher density living is no longer the exclusive domain of inner city blue chips like Teneriffe and New Farm. Middle ring Brisbanites here on the north side are now also enjoy a touch of luxe as affordability and lifestyle factors combine to create demand for a new style of home. Top shelf residences are […]
How much do you need for a house deposit?
Fact check? It’s true. But, the deposit hurdle need not be an insurmountable one if you investigate your options. In Brisbane, you’ll need $160,290 based on a 20% deposit and a median house price of $801,449 in December, says Domain. For a unit, you’ll need $88,925 based on a 20% deposit and a median unit […]
Market update: Latest stats for sellers
We know prices have softened across Australia. Here in Brisbane we’ve seen dwelling values drop 10.7% from their peak in June 2022. The latest CoreLogic Monthly Housing Chart Pack has a bunch of other stats that make interesting reading and help set your expectations if you’re planning to list your property for sale. Firstly, sales […]
Market update: Get 10% off your property purchase in 2023
That’s largely in line with the combined capital city and national forecasts according to the PropTrack 2023 Property Market Outlook Report. Even with an 11 per cent drop, homeowners will still retain a fair chunk of the gains made during the pandemic. But in good news for house hunters, it levels out the playing field […]
Single? You’re not alone.
In property terms, that has some serious implications for Australia’s housing market, reports realestate.com.au. “In Australia, the average household size has declined from 4.5 persons in 1911, to 3.6 in 1961, then to 2.6 in 2016, and now sits at 2.5 in 2021,” reports PropTrack senior economist Eleanor Creagh. “When it comes to lone households, […]
Should you sign up for a 35 year loan?
But one bank has recently been spotted advertising a 35 year loan. Is that a good thing or a bad thing? In the near term, you get the immediate benefit of smaller repayments. This can be welcome hip pocket relief if your budget is stretched thin. But over the long term, you’ll pay more interest […]
Market update: Record falls can’t wipe out pandemic gains
Data from January shows home values dropped 10.9 per cent from the peak in June 2022 – the largest fall on record, according to the CoreLogic Daily Home Value Index (HVI). But all is not lost. In fact, not much is lost at all when you consider how far prices rose to the peak. “The […]
