Selecting a reliable and knowledgeable property manager is paramount for the success of any rental property investment. Property managers handle a myriad of tasks that ensure the smooth operation and profitability of your investment, making the choice of a property manager a critical decision.
Lendlease Shifts Focus to Australian Market Amid Financial Struggles
Lendlease, the multinational construction development company, is making a strategic retreat from its international operations to concentrate on its Australian home base. This significant shift comes after encountering financial difficulties and underperformance in several international markets, including the US, UK, and Europe.
Michael Rogers’ Expert Advice for Aspiring Property Investors
Michael Rogers, a seasoned property investor with 30 years of experience, offers invaluable insights for those looking to build a robust property portfolio. His three key tips focus on controlling emotions, finding the right property manager, and acting swiftly when good investment opportunities arise.
Australian Property Market Trends: Growth in Entry-Level Homes Amid Affordability Concerns
In March 2024, Australia’s property market experienced a steady increase, with the median home value rising by 0.6%. While various cities displayed different growth rates, Perth emerged as the leader with a significant 1.9% increase, while Sydney and Melbourne remained relatively stable.
Resilient Growth: Australian Property Market Thrives in 2024
The Australian property market has demonstrated remarkable resilience in 2024, with national home values witnessing a robust 16% increase in the first quarter alone. This surge in property values reflects a notable shift towards more affordable housing options amidst challenging market conditions.
Mid-Sized Cities Lead Australian Property Market Growth in April 2024
The Australian property market continued its upward trajectory in April 2024, with median home prices registering a 0.6% increase, marking the third consecutive month of growth. However, the market’s performance varied across different cities, showcasing diverse trends.
Surprise Surge: Australia’s Inflation Exceeds Expectations in March Quarter
Australia’s consumer price inflation for the March 2024 quarter came in at 1%, surpassing market economist expectations. This unexpected uptick has significant implications for economic forecasts and policy decisions.
Australian Property Market Surges with Regional Areas Leading Growth
The Australian property market has witnessed a remarkable surge in prices, with national home values soaring by 40% since 2020. Notably, regional markets have outpaced capital cities, with areas like Regional Queensland and South Australia experiencing impressive growth rates exceeding 60%.
Australian Building Companies Collapse Amid Worst Sector Conditions in Decades
The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.
Regional WA Housing Market Soars Amid Affordability Concerns
The NSW government’s Communities Plus program has embarked on its inaugural project, Midtown MacPark, aimed at revitalizing a social housing estate into a dynamic integrated community. Over the course of 10-12 years, the project endeavors to deliver 3300 new homes, including a significant number of social and affordable housing units.