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What the data is showing about the Brisbane property market in 2020

Hotspotting

Release Date: 03/04/2020

How To Create A 6 figure Passive Income Safely Webinar Replay show art How To Create A 6 figure Passive Income Safely Webinar Replay

Hotspotting

It’s the dream for many Australians: an annual income above $100,000 without working. It sounds too good to be true, but with sensible – and safe – investment strategies it’s possible. And it can be done in less than 10 years. Investment expert Danny Buxton says investors can steadily build a portfolio of six properties and give themselves multiple options to create a six-figure passive income. He has done it himself and clients of his business Triple Zero have achieved it. “There are different ways you can do it,” Buxton says. “We do it with new-build properties. The key to...

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True Cost of Housing Taxes, Fees and Charges show art True Cost of Housing Taxes, Fees and Charges

Hotspotting

For a long time I have argued that housing is expensive in Australia because politicians have made it so – AND keep making decisions that add to the cost. The value of all residential real estate in this country is under-pinned by the cost of creating new dwellings – and those costs keep rising, way beyond the rate of inflation. One of the biggest elements in the cost of new homes is the taxation component. The research shows that a massive share of the cost of creating a new dwelling in Australia is taxes, fees and charges at all three levels of government. The Federal Government, the...

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Drop in Listings of Homes for Sale show art Drop in Listings of Homes for Sale

Hotspotting

Economists don’t understand residential real estate very well and they’re scratching their collective heads over why prices keep rising when interest rates are high. Here’s a couple of simple things to help them out: one is that, historically, there’s no evidence that rising interest rates lead to falling property prices. There’s nothing unusual about what’s currently happening in Australian property markets. But the key factor is that we have very high demand for real estate, fuelled by record population growth, at a time of incredibly low supply.  The rental shortage is well...

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Brisbane and Queensland show art Brisbane and Queensland

Hotspotting

Brisbane and Queensland increasingly are emerging as the property market destination with leading metrics pointing to out-performance in real estate. A couple of months ago Hotspotting published its annual report with Australia’s largest comparison website Canstar - the one we call Rising Stars – which analyses the capital city and state regional markets across Australia and ranks them for future growth prospects based on five key metrics. And the leading market jurisdiction to emerge from that process was Queensland, including both Brisbane and Regional Queensland. The Sunshine State has...

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Household Wealth show art Household Wealth

Hotspotting

The latest government data shows that household wealth in Australia continues to rise and residential property is the main reason for that. New data from the Australian Bureau of Statistics has shown that the wealth of Australian households has risen for a sixth consecutive quarter, with residential land and house prices the largest contributor. The ABS figures indicate that household wealth on average increased 2.7 per cent in the March Quarter.  In raw numbers, our collective wealth increased by $431 billion - to reach over $16 trillion. Those numbers are probably meaningless to most...

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Cheapies with Prospects show art Cheapies with Prospects

Hotspotting

Investors come to property markets in many different shapes and sizes, but our observation is that most are seeking a level of affordability. The official data shows that most Australians seeking to buy investment properties are not wealthy, with most having incomes below $100,000, and most have just one property or are buying a rental property for the first time. This dictates, for many, a purchase somewhere in the range from $400,000 to $600,000. Fortunately, there continue to be options in regional Australia where buyers can access houses in this price range in locations which have good...

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The Current Lending Landscape with Lucky Velasquez - Webinar Replay show art The Current Lending Landscape with Lucky Velasquez - Webinar Replay

Hotspotting

Unlock the Secrets to Securing the Best Loans in Today’s Market! Whether you are an investor, real estate professional, financial planner, buyer’s agent, or investment advisor looking to navigate the complexities of the current lending landscape? Join us for an exclusive webinar that will equip you with the knowledge and tools to secure the best loan products and deals available today. Hosted by: Tim Graham, General Manager of Hotspotting with special guest Lucky Velasquez, CEO of financebetter Webinar Highlights: Shopping for Policy vs. Rates:  Learn how to prioritise policies over...

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It's Not All About FHBs show art It's Not All About FHBs

Hotspotting

The unfortunate reality is that the core problems afflicting housing markets don’t get fixed because politicians don’t understand the problems AND they’re unwilling to consult with the people who do. If a state government gets the message that’s there’s a serious rental shortage, the only response will be to announce they’re going to build a million new dwellings over the next 10 or 20 years – which doesn’t address the core issue at all and is unlikely to ever be delivered anyway. Politicians are incapable of coming up with anything else as a response to an immediate and...

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Latest Population Data show art Latest Population Data

Hotspotting

One of the core reasons the national shortage of dwellings is so serious is that it coincides with a record increase in the nation’s population. The latest data shows that Australia’s population grew 651,000 in 2023, the highest number in the nation’s history. 84% of that growth was attributed to overseas migration. Now, the record level of population growth last year did NOT cause the shortage of dwellings including the under-supply of rental homes. The seeds of the shortage were sewn years earlier by bad government policy and have been exacerbated by bad governance every year since....

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Government Makes Key Issues Worse show art Government Makes Key Issues Worse

Hotspotting

The most concerning thing about the unprecedented shortages which afflict Australian real estate markets is not that they are driving up rents and prices across the nation. Alarming though that is for tenants and for first-home-buyers, the truly concerning thing is the myriad ways in which our elected representatives keep making those problems much, much worse. Every time a state or territory government passes legislation or announces a policy move or hands down a budget which impacts on the rental shortage and housing affordability issue, they make it worse – not better. This is the unsung...

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More Episodes

The Brisbane market is showing meaningful improvement and appears ready for a long overdue boom. Every statistic that matters depicts uplift in the market and prices are expected to rise in 2020. Find out which areas are predicted to perform strongly in our latest edition of the Top 5 Brisbane Hotspots report.