Housagon

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. ...

The Shifting Sands of Real Estate: How AI is Reshaping the Landscape The Shifting Sands of Real Estate: How AI is Reshaping the Landscape The world of real estate investing is evolving at an unprecedented pace. If you're clinging to outdated methods like manual deal sourcing, cold calling, and relying on stale market data, you risk being left behind. Artificial intelligence (AI) is no longer a futuristic concept; it's a present-day reality, empowering investors to identify off-market deals with remarkable speed, underwrite properties in an instant, and even anticipate market shifts before they occur. Large hedge funds and tech-savvy investors are already leveraging AI to secure prime deals, often before traditional investors even become aware of them. The question isn't whether AI will impact real estate—it already is. The crucial question is: will you harness its power to thrive, or will you be relegated to the sideli...

Is Part-Time Property Investing Costing You a Fortune? Is Part-Time Property Investing Costing You a Fortune? Many aspiring investors dream of building wealth through property. However, the reality is that part-time or DIY investing can often lead to unexpected costs, potentially costing you thousands each year. This isn't about discouraging anyone, but rather shedding light on the common pitfalls and offering valuable insights for a more strategic approach. The Hidden Costs of Part-Time Investing One of the biggest challenges for part-time investors is limited access to opportunities. Juggling work and other commitments often means missing out on pre-market or off-market deals. Agents may prioritize experienced investors, leaving you with fewer choices and increased competition. This scarcity can put you at a disadvantage, especially when negotiating prices. Another factor is experience. Seasoned agents can often identif...

Your First Home in Australia: A Step-by-Step Guide Your First Home in Australia: A Step-by-Step Guide Buying your first home is an exciting milestone, but it can also feel overwhelming. With so many steps involved, it's easy to get lost in the process. This guide will walk you through every stage of buying your first home in Australia, from getting your finances in order to signing on the dotted line. 1. Get Your Finances Sorted Before you start house hunting, it's crucial to understand your financial situation and how much you can afford to borrow. This involves: Contacting a mortgage broker: A broker can help you assess your financial situation, determine your borrowing capacity, and find the best home loan for your needs. They can also explain the various government grants and schemes available to first home buyers. Gathering your financial documents: Be prepared to provide your broker with proof of income (e.g., payslips), bank...

Is "Filthy Rich" Retirement a Myth? Rethinking Wealth in Australia The traditional image of retirement – relaxing on a beach, worry-free – seems increasingly distant for many Australians. Inflation, stagnant wage growth, and the rising cost of living paint a different picture, one where simply relying on the pension might not be enough. This raises a crucial question: how can we redefine "filthy rich" in the context of modern Australia and build a retirement that truly allows us to live life on our own terms? The Inflationary Squeeze: Are We Earning Less Than We Think? While headlines often tout wage growth, the reality for many is that inflation is outpacing our earnings. This means that even if our paychecks are increasing, our purchasing power is decreasing. Think about it: if inflation rises by 7% and your wages only grow by 3%, you're effectively 4% poorer that year. This compounding effect makes it harder to save and invest for the future, pushing...

Unlocking Instant Equity: The Power of Wholesale Property Strategies Ever dreamt of buying a property today that's already worth significantly more than what you paid for it? It's not a fantasy; it's the reality for those who understand the power of wholesale property strategies. In this blog post, we'll delve into the world of wholesale property, exploring proven strategies that can help you create instant equity and unlock opportunities that others miss. We'll be drawing insights from Chris McEl, an investment strategist with 15 years of experience at Lucid Property Investments and Complete Property, who shared his expertise in a recent interview. What Exactly is Wholesale Property? When we talk about wholesale property, we're not just referring to buying a discounted property. It's a much more nuanced approach. Chris breaks down properties into three categories: retail, vanilla, and wholesale. Retail properties are your standard, shiny house and l...

Navigating the Commercial Property Market: Insights and Analysis Navigating the Commercial Property Market: Insights and Analysis The commercial property market is a dynamic landscape, constantly evolving with shifts in economic trends, technological advancements, and societal preferences. One key factor influencing this market currently is the changing work environment. With the initial surge in remote work now being countered by efforts to bring employees back to the office, the demand for commercial spaces is in flux, creating a highly competitive market. Challenges and Opportunities in Commercial Real Estate A primary concern for investors in commercial property is the comparatively slower capital growth compared to the residential sector. While residential properties have seen significant appreciation in recent years, commercial properties often lag behind. Another factor to consider is the nature of commercial leases. Tena...

  Investing in Regional Victoria: A Smart Growth Strategy Regional Victoria: The Best Growth Pick Nationally? Regional Victoria is attracting significant attention from investors, and for good reason. Recent data reveals a surge in property purchases, with Victoria accounting for nearly 50% of all transactions in the past 90 days. This dominance is followed by Queensland at around 22.5%, Tasmania at 12.5%, and New South Wales at roughly the same. Western Australia sees about 5%, while South Australia has experienced minimal activity in this period. Navigating the Investment Landscape While the data highlights Victoria's popularity, a successful investment strategy requires a nuanced approach. Factors such as client portfolio diversification, yield requirements, cash flow management, and land tax implications play crucial roles. Furthermore, the availability of suitable listings and the competitiveness of the local market in...