Housagon

Australia's Bushfire Risk: Protecting Your Property Investment Australia's Bushfire Risk: Protecting Your Property Investment A recent report reveals a startling reality: 5.6 million Australian homes , nearly half of all properties nationwide, are at risk of bushfires. This affects a staggering 4.66 trillion dollars worth of property. Alarmingly, only a small fraction of Australians are aware of their property's vulnerability. This situation demands attention, especially for property investors. The Growing Threat of Bushfires Australia's bushfire seasons have intensified, with events like Black Saturday serving as a stark reminder of their devastating impact. The scale of destruction, both in lives and property, underscores the urgent need for preparedness. With bushfires projected to worsen, understanding and mitigating these risks is crucial for every property owner. Bushfire Risk Ratings: A New Reality Ever...

Tiny Homes: A Big Solution to the Housing Crisis Tiny Homes: A Big Solution to the Housing Crisis For many, the dream of homeownership feels increasingly out of reach. With rising rental costs and skyrocketing property prices, finding affordable housing can feel like an impossible task. However, a growing trend is offering a unique and practical solution: tiny homes . A Personal Journey to Tiny Living Consider Kobe Costa, who, facing retirement, sought a way out of the rental market. Her solution? A cozy, compact tiny home nestled on the New South Wales South Coast. "This is my home," she says, "and I've lived here for a year and a half." Despite the limited space, Kobe finds it perfectly suited to her needs. For individuals like Kobe, particularly older women who may not have substantial savings, tiny homes present a viable alternative. "It's a really good alternative," she explains, highlight...

Is an Over Supply of New Homes on the Horizon? Is an Over Supply of New Homes on the Horizon? Seeing a lot of new home builder ads lately? You're not alone. Many people are experiencing a surge in these ads on social media, leading to concerns about a potential oversupply of housing. Let's delve into the data and separate fact from fiction. Analyzing the Numbers: Population Growth vs. Rental Supply Looking at nearly 15 years of data (courtesy of Propertyology, SQM, and ABS), a clear picture emerges. Population growth has seen a substantial increase, with the nation adding approximately 6 million people. This represents a significant demand driver for housing. However, the crucial factor is the trend in rental supply. After a period of oversupply around 2010-2011, which led to higher vacancy rates (around 4%), the trend has shifted dramatically. Rental supply has seen a concerning decline. ...