Average open home attendance has nearly halved in a year. The decline was well underway before the Budget and has continued since. Whether it has now found a floor is the question the latest weekly data is starting to answer. Across Australia, average attendance fell to 2.1 people per open home over the four weeks … […]
Whether you’re buying your next home, selling a property or deciding whether to invest, property decisions are rarely made in a single moment. They unfold through a series of conversations, inspections and choices that ultimately shape your next move. With recent headlines surrounding the Federal Budget, changing investor conditions and broader economic pressures, many Australians … […]
The federal government has changed the rules on how self-managed superannuation funds can invest in residential property, as part of broader tax legislation passed through the Senate this week. Under the new rules, SMSFs will no longer be able to use borrowed money to purchase residential property. The change takes effect 45 days after the … […]
The federal government’s ban on SMSFs borrowing to buy residential property has been presented as a relatively small change. Existing arrangements are protected, commercial property borrowing is unaffected, and ATO data suggests new SMSF residential borrowing represents only a small share of total investor activity. But the size of the policy in the official data … […]
Selling a home on the Upper North Shore comes with its own set of expectations. Buyers in this market are generally well-researched and have seen a lot of property. They know what good looks like, and they notice when something has been neglected. The preparation work you do before your first open home directly shapes … […]
Housing supply is not a side issue in affordability. It is the issue. Prices can move for many reasons – interest rates, incomes, tax settings and confidence all play a role – but if population growth keeps running ahead of new housing delivery, affordability deteriorates. The latest data makes that relationship clear. ABS population figures … […]
The Reserve Bank has left the cash rate unchanged, choosing to balance persistent inflation pressures against growing signs that the economy is slowing. While inflation remains above target, the latest data suggests some of the drivers behind recent price increases are beginning to ease. Annual inflation fell from 4.6 per cent to 4.2 per cent … […]
The latest listings data shows a clear split opening up in the housing market: more homes for sale, but fewer homes available to rent. This is not yet evidence of the full impact of the Federal Budget or the proposed negative gearing changes. The data only runs to the end of May, and the budget … […]
The Federal Budget’s move from the 50 per cent property CGT discount to inflation indexation sounds, at first glance, like a tougher tax treatment for investors. In some market conditions, it will be. But in a weak housing market with elevated inflation, the opposite can occur. If property values grow slowly, or fall, while inflation … […]
The Australian real estate sector is facing its most significant regulatory shift in decades with the implementation of Tranche 2 of the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024. With the July 1 commencement date fast approaching, the nation’s strict compliance framework will extend to property professionals for the very first time. Historically, a … […]