Will this highly contagious strain of COVID-19 affect property values?  Just one month after roughly half of Australia exited lengthy lockdowns, including Victoria who racked up a cumulative 260 days under restrictions, a new threat has emerged - the Omicron variant.  First identified in...
Across the country, Australian properties are being sold for multiples of what they were purchased for just several years prior.  Three years ago, Mechanic Steve Davidson and his wife Carmen purchased a luxurious, 2000-square metre mansion in Vaucluse for $17 million. Just four years later,...
Home to more than two million people, Perth is the sunniest city in the world, enjoying more sunlight year-round than anywhere else. In this article, you’ll find all of the latest Perth property market news. Table Of Content Perth Property Market News [November 2021] Perth Property...
Australia could see an additional intake of two million new migrants over the next five years. Will this be the catalyst to propel the property market to even further heights?  When the COVID-19 pandemic hit, Australia’s property market acted in complete defiance of expert predictions....
Things are about to get even hotter in Australia’s record-breaking property market.  If the growth seen over 20-21 in Australia’s property market wasn’t enough, experts are now predicting that property prices will continue to grow throughout the rest of the year and into...
Supply chain issues and labour shortages are placing pressure on food prices and triggering inflation. Will this trigger an interest rate hike?  The humble timber pallet has recently become symbolic of Australia’s growing supply chain issues. The term ‘Pallet-gate’ was coined by...
Is your suburb at risk of facing climate-related damages in the future?  Over the past twelve months, Australia’s property market has accelerated at the fastest annual pace since 1989. Sydney has led this growth with a staggering 24.4% increase in dwelling values over the past 12 months,...
The two states comprise almost half of Australia’s economic output. So what will their reopening mean for the country?  On Monday, New South Wales began its reopening process to those that have been fully vaccinated, with cafes, restaurants and bars now allowed to open, and limits on the...
APRA’s macroprudential changes will do little to slow down this freight train. While Australia’s property market growth is beginning to slow, new data from CoreLogic reveals just how unprecedented this year has been for Australia’s housing market.  Housing market growth slowed over the...
APRA will be clamping down on lending conditions in order to cool down Australia’s property market. However, industry experts predict that this may have the opposite effect.  2021 has seen Australia’s property market soar to new heights. In just the first eight months of 2021, the median...
Will the RBA pull the plug on the piping-hot property market? In the closing statements of the ‘Housing Market and Financial Stability’ speech delivered by the RBA’s Assistant Governor Michele Bullock on Wednesday, Bullock hinted at the possibility that the RBA could intervene in...
The Australian housing boom didn’t come cheap. In fact, many households are on the brink of mortgage default.  As we have discussed here at DG Institute, the Australian housing market has experienced unparalleled growth during the COVID-19 pandemic due to a combination of factors such as the...
Australia’s Hidden Economic Crisis
On the surface, Australia’s economy seems to be on the rebound from COVID-19. However, when you dig a little deeper, things aren’t so pretty. One could be mistaken for thinking that Australia’s economy is on the mend. We just dodged a recession last quarter, and now, official ABS figures...
how much does it cost to build a home in Australia
The Australian dream has always been to own property, but why not build your own?  Building a new home in Australia has a lot of benefits, which is why more and more Australians are choosing to do it.  This is because when you build your own home you are the director. You can choose the...
Who will need them and how will the passports impact the economy?  Last week, Prime Minister, Scott Morrison threw his support behind the concept of vaccine passports being used by Australian businesses, stating “It’s got nothing to do with ideology, and these issues around liberty and so...
Melbourne Property Market
Melbourne has gone through a rollercoaster throughout the COVID-19 pandemic. So is now a good time to invest in the Melbourne property market?  Melbourne has one of the richest cultural histories of any Australian capital city. Melbourne was the filming location for the world's first feature...
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What goes up, must come down. But few would have predicted that a Government scheme could be the cause for the slowdown of Australia’s property market.   Over the past 25 years, the average annual growth rate of the Australian property market has been roughly 6.8% for houses and 5.9% for...
The latest lockdowns have brought Melbourne's auction clearance rates back to 2020 levels.  New data from CoreLogic has found that only 63.3 percent of capital city auctions held this week were successful - the lowest clearance rate seen since the height of the pandemic in July last...
Brisbane Property Market
The Brisbane property market is set to soar in the lead-up to the 2032 Olympics. Let’s learn a bit more about Brisbane’s property market.  Table Of Content Brisbane Property Market News [October 2021] Brisbane Property Market Growth & History Brisbane Property Market Forecast...
Sydney is one of the most beautiful cities in the world, which is precisely why its property values keep climbing. In this article, you’ll find all of the latest Sydney property market news. Table Of Content Sydney Property Market News [October 2021] Sydney Property Market Growth &...
NAB Predicts Australia’s Housing Market Growth Will Continue Through 2021
The National Australia Bank (NAB) has outlined its predictions for Australia’s property market over the next 12 months.  In a recent Residential Property Survey, NAB has upped its growth forecasts for both Sydney and Melbourne property markets throughout 2021, while cutting the bank’s...
Australia will host the Olympics for the third time as Brisbane has won the bidding process for 2032. What does this mean for Brisbane’s economy and property market?  In a landslide vote by International Olympic Committee delegates in Tokyo, Brisbane was elected to host the 2032 Olympic...
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The COVID-19 pandemic wrought havoc upon Australia’s economy. However, new modelling shows that the pandemic has also helped to cause the property boom that we’re seeing now.  It’s no secret that the Australian housing market has thrived over the past year and a half, having reached a...
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The RBA has reaffirmed that it will keep its record low-interest rates until 2024 - defying the predictions of the big banks.  Late last year, the Reserve Bank of Australia (RBA) cut its cash rate to a historic low of 0.1 percent as a means of addressing the economic downturn brought about by...
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Stamp duty from the booming property market has cut the state’s projected deficit in half.  It’s no secret that Australia’s property market is thriving, and now the 2021 NSW budget is enjoying the benefits of the boom.  Stamp duty generated $9.379 billion for the 2020-21 financial...
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Not even fears of COVID-19 seem to be capable of slowing down the thriving property market in Sydney.  Sydney’s latest cluster of COVID-19 cases have done little to dissuade those keen on buying property, as recent data highlights the persistent strength of Sydney’s auction clearance...
The property market is a great way to build wealth - Here’s how to do it.   The rapidly spreading delta variant of COVID-19 has thrust much of Australia back into lockdown. However, Australia’s property market has continued to remain strong. Auction clearance rates are holding up amid...
finding great deals in a booming property market
Australia’s property market is running hot, but with property values at record highs, how can investors find a good deal?  The combined value of Australia’s housing market now sits at $8.4 trillion as of June 2021, as record-low interest rates and favourable lending conditions have helped...
Australia Property Market Quarterly Review 2021
CoreLogic recently released a quarterly review of Australia’s property market. Here’s what it says. Table of contents New South Wales Victoria Queensland South Australia Western Australia Tasmania Northern Territory Australian Capital Territory The...
What is Stamp Duty? Everything You Need to Know
If you are looking to get into the Australian housing market, whether for a residential home or an investment property, it is important to have a solid understanding of what stamp duty is. Table Of Content What is stamp duty How much is Stamp Duty in your state When do i have to pay...
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