Property Unleashed

11/10/2022

When is a good time to buy property?
Where is the bottom of the market?
Is it all about interest rates?
You might be surprised to know what drives the property market and what it is trending......

In property, there are certain leading indicators that are analysed to determine which way the market is trending. Some examples are inventory, vacancy rates, rental yields, days on market, volumes of sales, and auction clearance rates.

12/09/2022

Listings across the capital cities have fallen 22% over the past 12 months.
This rental shortage is unlikely to change in the future as overseas migration increases with population growth expected to be 350,000 to 400,000 per annum by the end of 2023.

With the surge in costs for construction, there simply isn’t going to be enough supply to meet demand.
So, investors can expect strong demand from tenants in the coming years.
🏠🏡🏘

08/09/2022

Why is there a rental crisis in Australia???👇🏽

Those that follow me would know that I often post about how bad the rental crisis is Australia-wide.

Cost of materials, labor shortages and development regulations are obvious causes of the lack of supply of housing.👷‍♂️🛠🪚🔩🧱

However, something that is not often discussed is the exodus of investors from the market.

Historically investors comprise about 1/3 of the market but recently that has dropped to almost 1/4 due to government interferences in the market that are causing residential investors to wear more costs.

While ideas like the new QLD land tax or Green's push for freezing rental increases may seem like ideas to help tenants, they are in fact exacerbating the supply shortage since fewer investors mean fewer rental properties.

It is so important to be aware of what is happening politically and the ramifications this will have in your market.
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07/09/2022

RBA increase interest rates by another 50 basis points to 2.35%.📈

They expect CPI inflation to be 7.75% over 2022 before coming back down in 2023 and returning to normal in 2024.📉

The unemployment rate declined further to 3.4%, the lowest rate in almost 50 years!📉
Job vacancies and ads are still at very high levels, suggesting a further decline in unemployment.
Wages growth has picked up from the low rates of recent years.📈

Higher inflation and higher interest rates are putting pressure on household budgets, with the full effects of yet to be felt in mortgage payments. However, many households have built up large financial buffers and the saving rate remains higher than it was before the pandemic.
🏠🏡🏘

05/09/2022

Any examples of markets still booming?👇🏽

Hotspotting and Canstar's latest research show 177 markets in Queensland as either rising or consistent growth markets.

Brisbane has also been a national leader on price growth with median house price up more than 30% in the previous 3 months.
📈🏠🏡🏘

31/08/2022

Why invest in property?👇🏽

Fun facts from the December quarter: 🤓
93.8% of resales made a nominal gain.📈
Houses🏡 were more profitable than units🏢 96.2% Vs 88.6%
Regions🌄 edged capital cities🌇 94% Vs 93.7%
Median gain per resale was 319k💰

30/08/2022

Should you be worried about rising interest rates?

Let's look at the facts:
Between 2002 and 2008 variable interest rates rose 22 times!
In that time house prices more than doubled in 6 out of the 8 capital cities and some regional markets did even better.🏠🏘 📈

05/08/2022

Should you sell at auction?
Like most things in real estate, it depends on individual circumstances.
However, read below for a snapshot of what is happening right now👇🏽

639 homes auctioned across Sydney this week.
57% returned a successful result compared to 77% this time last year.

Having personally gone to 5 auctions last Saturday and not seeing any bids meeting the reserve price (though two did sell!), it is clear, there is currently a huge gap between what vendors want and what buyers are willing to pay.💰

While the rate rises have made buyers more hesitant, it has certainly created opportunities to negotiate better prices.
How long will that last….
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02/08/2022

Sydney house values have fallen by 3% over the last quarter with 81% of markets analysed recording a fall in values over the past three months.
On a national level, 42% of markets analysed in the June quarter fell in value. (Core Logic)

Is it all doom and gloom?

Of course not!
Many markets around Australia are still booming (quarterly growth of 5%) and will continue to do so.
It is now a buyer’s market, with great opportunities for savvy investors.

With this disparity between markets, it is more important than ever, to speak to a professional.

Here at Property Unleashed, we make data-driven investment decisions to find you the best markets for long-term, sustained capital growth. 🏠🏡🏘

01/08/2022

What do the experts have to say about Perth?👇🏽

Hotspotting and Canstar’s latest research shows that 75% of suburbs in Perth Metropolitan area are considered rising or consistent growth markets. From 2015-2020 Perth showed an average of 29 suburbs with rising sales volumes. That number is now 115, which shows that the Perth market is poised for capital growth.
📈🏠🏡🏘

14/07/2022

Due to how heavily the Australian market is weighted towards Melbourne and Sydney, the rest of the country often gets lumped in with them when claiming the Nation is in boom or bust times.

Right now, we are seeing a downturn in Sydney and Melbourne but there are still markets out there that are absolutely booming.
You just need to know where to look….

Drop a comment where you think the best markets are right now or DM if you’d like to find out more.
🏠🏡🏘📈

11/07/2022

Kind words from a true gent of a client.
Great result with a recent purchase, buying under market value on conditions advantageous to both the vendor and buyer.