Buyer demand for retail assets has bounced back over the past 12 months, with sales volumes now at the highest level since 2015. REA’s latest 2021 PropTrack Retail Snapshot shows that retail sales volumes are now back above where they were prior to the pandemic. The report notes that retail investors are continuing to look…
Demand for office space has increased in every Australian capital city CBD, defying reports of a pandemic downturn. According to the Property Council of Australia’s latest Office Market Report, tenant demand increased by one per cent on average across the country’s CBDs, and 0.7 per cent in non-CBD markets. Every capital city market except Sydney…
If you’re looking at upgrading or downgrading and you’re thinking about putting your property on the market, then it’s important to do everything you can to make it appealing to attract as many buyers as you can. The more interest you can get, the quicker the property will likely sell – ideally with as many…
With house prices drifting higher to start the new year, trying to afford your dream home is getting harder. Fortunately, there are a number of things you can do to maximise your borrowing capacity without needing to increase your income. Start budgeting When lenders assess your borrowing capacity, they look closely at your fixed expenses…
With house prices seeing record gains in 2021, getting into a home can be difficult – especially if you live in a city like Sydney, Melbourne, or Canberra where the median house price is above $1 million. However, if you want to find a way into the property market, for many people rentvesting can be…
After a stellar 12 months where property prices rose 22.1 per cent across the country, the momentum is expected to continue into 2022. The latest PropTrack Property Market Outlook 2022 from REA notes that some capital cities could see growth as high as 12 per cent, giving homeowners more gains to look forward to. According…
Unlike other purchases, it’s not possible to return a car if you get home and decide you don’t like it. While the dealership might be required to repair any faults, it’s important to get it right at buying time to avoid any costly mistakes. Here are four mistakes you should avoid when the time comes…
Prime industrial rents surged by double digits in most capital city markets in 2021 as tenants were pushed to compete for the small amount of available space on the market. According to JLL, the highest prime effective rental increases occurred in Perth (up 14.6 per cent), Melbourne (14 per cent) and Adelaide (13 per cent)…
After a strong 12 months, industrial property is set to see further upside according to a leading valuer. Nick Barlow, valuer from Suburbanite says industrial real estate will continue to be the standout performer in the commercial sector well into 2022. Mr Barlow believes that with the 2021 lockdowns, landlords were faced with difficult arrangements…