Unit Surge Powers Sydney Market
Hotspotting
The rise and rise of the unit market is keeping the Greater Sydney market busy, although below the exceptional levels seen in some of the other market jurisdictions across Australia. Unit markets are considerably more positive than house markets in our most expensive capital city and the market share of attached dwellings continues to rise. In our latest analysis, well over half of all residential sales across Greater Sydney are attached dwellings. In most of the Greater Sydney municipalities where sales activity is strong, it’s the unit markets that are most active. Outer ring house...
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Patchy Growth in Regional NSW
Hotspotting
The Regional New South Wales market overall is solid, without excelling at the levels seen in other regional areas like Queensland and Western Australia, but with individual out-performers. There is hesitancy in the Regional NSW market overall. It has a high number of locations where buyer activity is lukewarm and price performance below the levels seen elsewhere in the nation. It’s noteworthy, however, that Regional NSW has seen better performance in its unit markets than its house markets, which is part of a national trend. Overall sales levels have improved, continuing a pattern of...
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Second-Wind Markets: Strategies for Savvy Investors - Webinar Replay
Hotspotting
Are you ready to capitalise on Australia’s next big wave of growth? Join us for an exclusive webinar hosted by Tim Graham of Hotspotting.com.au with special guest Zen Christofi of Reventon as we dive into Second-Wind Markets: Strategies for Savvy Investors. In this insightful session, you’ll discover: What are Second-Wind Markets? Gain a clear understanding of post-boom correction phases and why some markets are positioned for renewed growth. National Overview of Second-Wind Markets Explore key factors driving the resurgence of these markets, from interest rates to housing shortages...
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Million Dollar Hotspots
Hotspotting
Household wealth in Australia keeps rising and the key reason for that is residential property – which accounts for 68 per cent of the total wealth of Australian households. New data from the Australian Bureau of Statistics (ABS) shows that total household wealth has reached $16.5 trillion. Now, that number doesn’t mean much to the average observer, so here are some other numbers that give it some context. That household wealth figure represented a 1.5 per cent rise in the June quarter and the current level of the highest on record. It’s 9.3 per cent higher than a year ago, and it means...
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ANZ's Late Price Guess
Hotspotting
ANZ, the worst forecaster on property price outcomes in the nation, has just published its forecasts for what will happen with house prices in 2024. Yes, that’s right. They’ve published, in October, forecasts for house prices this year, a couple of months before the end of the year. Why have they done this? Because it’s the only chance ANZ has of getting it right with its property price forecasts. Essentially what it has done with these “predictions” is take the existing situation and extrapolate it two months into the future. So, you will be amazed to learn that they’re...
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Unit Surge Unstoppable
Hotspotting
The biggest paradigm-changing trend in Australian real estate, the rise and rise of apartments, is confirmed by the latest price data from the usual suspects – and is reflected in our choices for the latest edition of our most popular report, the National Top 10 Best Buys report. The latest price data from CoreLogic shows that unit prices are rising faster than house prices. While news media, in its predictable fashion, focussed on the perceived negatives in the CoreLogic Home Value Index published in October, my analysis of the figures is that they provide further evidence that rising...
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Mastering Property Management in Today's Market with Corinne Bohan of Image Property
Hotspotting
Join us for an insightful and essential webinar hosted by Terry Ryder, Founder of Hotspotting, and Corinne Bohan, Managing Director of Image Property, as they dive into the crucial role of professional property management in today’s rapidly changing rental landscape. In this engaging session, you'll discover: Building Your Winning Team: Learn why investors must focus on assembling a strong management team before growing their property portfolio and how a first-rate property manager can be a game-changer, especially in the face of evolving regulations. Navigating the Rental Market: Gain...
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Price Predictor Index Spring Edition: Units Thriving
Hotspotting
The new Spring edition of The Price Predictor Index provides emphatic confirmation of the most compelling trend in Australian real estate: the escalating demand for apartments and their challenge to houses on capital growth performance. We have been speaking about the rise and rise of apartments for the past 18 months and there is a growing body of evidence which confirms that more and more buyers are opting for attached dwellings: units, apartments and townhouses. Our analysis of sales activity data for the latest quarter for the Spring edition of The Price Predictor Index reveals that this...
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Canstar: The Dream Is Alive
Hotspotting
Affordability is the most-debated and the most confused issue in residential real estate. While the rental shortage and rising rents occupies the minds of many, the property issue that occupies the most space most often in news media and in the minds of Australian consumers is housing affordability. It has been this way for years, indeed for decades. And while the so-called Great Australian Dream is often declared dead, with young people doomed to a lifetime of renting, the evidence suggests otherwise. I recently finished working on a report with financial comparison website Canstar which...
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The Art of Buying Against the Grain with Arjun Paliwal of Investorkit
Hotspotting
In this episode of the Hotspotting Podcast, Tim Graham sits down with Arjun Paliwal, the Managing Director of Investorkit and a two-time REB Buyers Agency of the Year winner. Arjun shares insights on his unique approach to property investment, focusing on "buying against the grain." Here are some of the key topics discussed: Episode Highlights: Introduction to Arjun Paliwal: Arjun kicks off by talking about his journey in the property industry, how he scaled Investorkit, and the importance of innovation in finding investment hotspots. The Concept of 'Buying Against the Grain':...
info_outlineInvestors 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 prospects for future capital growth.
Our day-to-day research shows that investors can buy in regional areas at affordable prices, achieve above-average rental yields and look forward to good price growth.
That old attitude that you have to make a choice between strong capital growth or high rental yields is one of the great misconceptions of residential real estate.
If you choose your location well, you can have a good combination of both.
Those seeking to buy in that price range between $400,000 to $600,000 can still find possibilities for houses in the cheaper areas of some of our capital cities – and, increasingly, investors who are aware of the current trends can find good options in the market for units and townhouses.
In cities like Brisbane, Perth, Adelaide and Melbourne, you can buy units in inner-city areas in that affordable price range.
The rise and rise of apartments and townhouses as the dwelling of choice for many important cohorts has meant that attached dwellings are increasingly challenging detached dwellings on capital growth, while providing cheaper buy-in prices and higher rental yields.
So, how can you find out more about the possibilities?
By reading our new Cheapies with Prospects reports.
We have two editions of the Cheapies reports – the city edition and the regional edition – and in these reports the key criteria are that the locations have affordable options and the credentials for capital growth.
The new editions are available now and provide clues to the places you can look to find that precious combination of affordability, good rental yields and potential for growth.