• Sydney Property 2018 – WHAT ON EARTH IS GOING TO HAPPEN????

    Well, no need to run for cover just yet as I certainly don’t think the sky is falling in however there are without doubt some concerning fundamentals at play in the coming 18 months.
    Reading the property section of the newspapers of late would make even the most optimistic or pessimistic of property pundits scratch their collective heads! Rates will rise, rates will stay the same, we are oversupplied, we are undersupplied, building approvals tumble, big developers renege on previously agreed deal…… please someone tell us what is truly going on?? The weekend AFR, most savyy investors “go to” publication had 3 articles all telling a differing tale and all had a strong and believable underlying basis. Continue reading

  • RELOCATION, RELOCATION, RELOCATION

    As the difference between the median prices of Queensland and NSW/Victoria continues to spread, the cyclical consideration of relocating for a better and less stressful lifestyle will continue to gain momentum amongst Sydney (and Melbourne) homeowners and renters.

    There are 2 VERY specific groups.

    Those that have bought during the recent boom and have enjoyed solid capital gain and therefore look at a life up North where they can be mortgage free (or close to). As an example, the house they paid around $700k some years ago is now worth around $1,200,000 and as such with a median of just under $500k Brisbane seems to be a sterling option. Even if the numbers are more compressed it’s a significant reduction in mortgage stress… Continue reading