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What is going on in the Sydney housing market?

There’s been a number of articles this week about the peak of the Sydney market.  It does look as if the market is at or slightly past its peak however, it is important to thoroughly investigate how the market is tracking currently. Values Sydney home values have increased by 17.6% over the 12 months to […]

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Forget affordability measures and ask yourself some tough questions

There are many measures of affordability in the marketplace, sadly I believe that many of these measures fail to accurately depict the affordability or otherwise of housing in Australia.  The main reason being that housing affordability is an extremely complex issue and many factors drive the affordability of housing.  In this blog post I am […]

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Weekly clearance rate

Has the housing market moved through the peak of the growth cycle?

The RP-Data Rismark Home Value Index reported its first month on month fall in May after capital city dwelling values consistently rose over the previous eleven months. The extent to which the May decline was a seasonal factor has been a key topic across the media; generally the month of May is a seasonally weak […]

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2 time to sell

Results from the RP Data – Nine Rewards Survey of housing market sentiment

Is now a good time to buy a property or home? 74% of respondents believe now is a good time to be buying property. While the results show the vast majority of those surveyed think the timing to purchase a home is good, the results are a reduction from our May 2013 results where 80% […]

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Rate spread chart

Investors and upgraders continue to power the housing market

An ongoing theme in the recent increase in housing market activity has been that it has largely been driven by investors and upgraders rather than the first home buyers.  If you recall, it was first home buyers that led the market recovery back in 2009. The surge in first home buyer activity saw this cohort […]

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No of subs cheaper to buy than rent

Where is it more affordable to pay down a mortgage than a landlord?

Today RP Data released an update to their Buy versus Rent report which provides a suburb by suburb summary about the standard costs associated with servicing a mortgage compared with paying rent. Before everyone starts pointing out that the analysis doesn’t include the costs associated with a property purchase and ownership (stamp duty, conveyance, rates […]

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Annual change in dwelling values and rents versus gross rental yield combined Melbourne

The destruction and gradual reconstruction of rental yields in Australia

Looking at the historical growth cycle of capital city rents and value growth, it has been quite a rare occurrence for weekly rents to outpace dwelling values for growth.  In fact, since 1996 there have been only two periods where weekly rents significantly outpaced dwelling values.  The first of these occasions was during the GFC […]

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Across the regions

Consumers more optimistic about Australia’s housing markets in 2013

Consumers more optimistic about Australia’s housing markets in 2013 Last week Nine Rewards and RP Data undertook our second housing market sentiment survey.  The first survey was in October last year and we intend to run the survey every three months.  The results were stronger than I expected, in the sense that only a very […]

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Rental income and deductions

Negative gearing and its impact on the housing market

In its most simplistic form, negative gearing for investment housing allows investors to deduct their losses against their personal taxable income.  These losses may occur when the investor incurs costs such as interest on a home loan as well as maintenance and other small expenses on an investment property. However, it is important to note […]

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Subs within Eastern Suburbs

Where is it more affordable to buy compared with renting? Some practical usage scenarios.

Get the complete and complimentary ‘Buy v Rent’ report and spreadsheet here: This week RP Data released the Buy versus Rent report.  The report turned out to be more popular than we expected – the number of people trying to download the free report and Excel spread sheet overloaded the servers that run the […]

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