Last week we saw property prices continue to drop across most of Australia’s mainland state capitals, but the rate of these declines were still less severe than what we have seen in recent months.
It’s easy to get caught up in all the hoopla when it comes to Australian housing.
It’s easy to be concerned about Australian housing prices, which seem to just climb higher and higher.
It’s easy to want to jump into the housing market and see your investment properties sore.
It’s also easy to make a stupid mistake, or pass on a perfect opportunity, if you don’t know the facts.
That’s what the team at Markets & Money are here for.
A brief History of Australian Housing
Since the 1990s — when property prices freakishly increased higher than inflation— we’ve seen prices steadily soar.
But it got even more weird than that.
In the late 2000s, property markets all over the world were crashing left, right and centre. The GFC had stomped over houses across the globe. And yet…
Australia’s housing market continued to rise.
And guess what? It’s still rising.
Unfortunately, our wages are not.
So it isn’t surprising that, in 2016, Australian households took the record for the most over-indebted households in the world.
Needless to say, we weren’t celebrating.
Sydney and Melbourne are becoming part of the most expensive property markets in the world. 800,000 of those over-indebted homes sit in one of these two cities.
When will the real estate bubble form? Or are we already in one? Is the bubble about to pop? Or are the walls getting stronger, making our prices go higher?
How You Can Read the State of Australian Property
One way to get to the real story is to follow listed companies that are tied to the Australian housing market.
If housing is indeed being stretched, then the first signs of stress will show in these companies as softening demand. And that softening demand will show up in the company price chart. Guaranteed!
But if stocks in this sector are mostly making new highs, it means company revenues are growing. Thus, Aussie housing still has steam to run.
It’s our job here to give you the updates on these listed companies.
The latest news on the Australian Housing Market
At Markets & Money we keep a close eye on these indicators.
And we will let you know exactly what the outlook is for the Aussie housing market.
With updates daily, you’ll be able to knock on anyone’s door and tell them how the market is performing at any moment.
How far will the housing downturn go? The truth is that nobody can answer that. The main question for me is how much of the affluence you see in Australian streets is wealth, and what…
Even though Airbnb is supposed to disrupt the short-term rental market like hotels, it can also affect the long-term property rental market.
We’ve already seen real estate prices start to fall in Australia. Anyone looking at the 7–10% price falls in Australia’s state capital cities may be thinking, ‘So what? That’s not that big of a deal.’
We all know Melbourne’s residential property (housing) market is falling — it’s a story we’ve been covering extensively here at Markets & Money. Today’s article will focus specifically on the Melbourne residential property market.
With house prices continuing to fall, especially in Melbourne and Sydney (the cities that led the boom), the pain isn’t over yet. How much farther could it fall?
In what is arguably one of the most important weekends for spring sales, Melbourne’s weekend auction sales were at record-year lows.When it comes to the Australia’s housing market, it’s generally the most expensive properties that…
The mainstream press is just now waking up to the fact that the falling property market is not just about demand. It’s actually about supply as well.
The buying frenzy is gone. Owners are expecting to sell at last year´s prices, yet prices have dropped since. Prices and clearance rates are plummeting in Sydney and Melbourne. Will the downtrend continue?
With investor activity retreating, increasing rates and people struggling to get finance we could see even more falls in property prices…
The property market is getting hit by a triple whammy: lowering property prices, tightening credit and increasing rates. Can property prices fall 50%? The short answer is yes.
It’s been 12 consecutive months that we’ve seen Australia’s property prices falling. By historical standards this decline is mild, yet this hasn’t stopped the flurry of questions wondering how long or how big this downturn…
For the shrewd investor, it appears now is not the best time to invest in property in Australia. In short, it is not as ‘safe as houses’.
In June of this year, ANZ made an assessment that Melbourne house values could fall as much as $1000 a week for 18 months to follow.Many property experts immediately dismissed the claims as over the…
Credit tightened and unemployment soared. High unemployment meant that salaries dropped and consumption slowed. Many businesses failed…and, with the credit slowdown, only a handful could access loans to start up new businesses.