Property Investment

As a property professional I’m constantly learning. I learn from my experiences – both good or bad, as well as those of my clients at Metropole. Today I’d like to share two property investment tips and two success tips I would have liked to learn earlier in life. Two property tips 1. Take the emotion

Alarm bells are ringing for those who bought an off the plan apartment a few years ago. Investment bank UBS warned that three in 10 new apartments sold off the plan in Sydney are now settling with a lower valuation than the original contract sale price. And it’s much the same in Melbourne. This comes

Looking for a house in Berala? You might have to wait awhile as it turns out home owners in the popular Sydney suburb don’t like selling once they move in. In fact, houses in Berala are at the top of the list when it comes to appeal in Sydney with holding periods averaging a whopping

All the single ladies in Sydney, put your hands up! It’s time to celebrate – because while Australia is suffering from a man drought, there is a large proportion of the Sydney population that still contains young, single men. And whether you’re looking to move to Sydney to find love, or just trying to find

Throughout the second quarter of 2018, the total value of resales for a profit in Sydney was $5.023 billion and the total value of resales at a loss was $52.7 million. Based on this data, Sydney accounted for 32.0% of all resales at a profit nationally over the quarter and 11.2% of the total value

As at June 2018, Sydney was the nation’s least affordable housing market across each of the three purchasing metrics and rental affordability was only marginally lower than the most unaffordable market, Hobart. With recent declines in prices there has been a slight improvement on the price based metrics over the past quarter. Over the past

Some renters living in the inner-suburbs of Sydney are spending nearly half of their wages on rent. Rising rents and stagnate wages are pushing thousands of Australians from all walks of life into housing stress as more of the weekly budget is soaked up by costs of living. Spending over 30 per cent of an average weekly

The NSW market, and particularly Sydney, enjoyed a strong property boom until mid-2017, with strong investor activity as a key driver behind the outstanding price growth.  However, more recently unaffordable houses, including poor investment serviceability ratio, combined with lending restrictions that have been set by APRA and additional voluntary lending restrictions that have been set

Over the second quarter of 2018, national dwelling values have declined by-0.5%, matching the -0.5% fall in values over the March quarter. Throughout the 12months to June2018, national dwelling values have declined by-0.8%. Althougha -0.8% fall isn’t overly large, it is the greatest annual fall in values since September 2012 when values had fallen-1.1% over

Sydney is one of Australia’s 2 super cities. If you were an overseas visitor coming back after 20 or 30 years you just would recognise our Harbour City – it has changed so much. One of the big changes is how many Sydneysiders live in apartments. The demographers at McCrindle recently analysed the changing demographic