Estate Planning

If you’re feeling like buying your own property is out of reach, you’re not imagining things; the average Australian house deposit is now six figures, and could take more than a decade to scrape together. Aussies now need $106,743 on average to secure a house deposit, with more than 1 in 10 needing more than…

The Australian real estate market is worth a whopping $6.5 trillion. It makes sense then that economists label property investment as the best and also one of the simplest ways to make money. Have you ever thought of investing in Australian real estate, but aren’t sure where to start? It might seem daunting but there are some…

Melbourne has been named as the cheapest Australian capital city for Aussies wanting to rent a decently sized house. Renting a four-bedroom house costs just an average of just $450 in the Victorian capital and Australia’s second-largest city, new Domain data has revealed. Brisbane and Perth are tied at equal second place, with the asking rent…

As parents grow older, they may require additional care and can find it hard to continue to maintain their own home. To deal with that, increasing numbers are moving into ‘granny flats’ within the homes of their children. That way, the parent maintains a degree of independent living, whilst having family carers on hand if…

Australians looking to buy or invest in property this year should look to the South Australian capital, one property expert believes. Adelaide, which Yahoo Finance reported on in late 2019 as the nation’s most “underrated” and consistent property market, continues to hold the title, according to hotspotting.com.au managing director Terry Ryder. “Adelaide is the nation’s most consistent market,…

Clearly there will be continuing issues with COVID-19 affecting our local economy and the socio-political problems that plagued the world last year are unlikely to disappear. Yet most analysts and economists agree that our property markets should perform strongly in 2021. But let’s put this in context; Australia’s property markets have been sluggish for the…

It’s the Australian dream: buy a house young, be successful forever. But how many of us actually buy a house young? Not many, new research shows. First home buyers in Australia are closer to 40 than 20, according to new data from Money.co.uk, so if you’re feeling left behind – don’t. In Australia, the average first…

Back in September 2018, well before Covid-19 and a global recession came along, the house price ‘disaster’ merchants were vocal about the risks for a ‘crash’ or ‘collapse’ in house prices. One such perpetual house price gloomster, Martin North from DFA, was actually on a 60 Minutes TV program where he said there was a 40 to…

Wealth accumulation can be as simple as putting aside money each week into a high-interest savings account, paying down your debts, or building a diversified investment portfolio inside or outside of superannuation. Does the family home also come into mind when considering your personal wealth? According to the Australian Bureau of Statistics*, owner occupied dwellings are…