It's a lot different to Woolies flogging whole chickens for a buck each while 2 litres of OJ went for 79 cents.
Traditionally saving for a first home deposit now takes 15 years for the average Aussie, double that in the nineties. In the seventies, our cash went 11 times further according to the Reserve Bank's (RBA) inflation calculator - Woolies were flogging…
28 June 2022
Double trouble, a bubble and the R word!
Housing in Australia, NZ and Canada ranks as some of the world's 'bubbliest' and particularly susceptible to plunging home values. On the surface, we're not looking good ourselves; Oz comes in 4th place. A win we're happy to concede to our neighbours…
27 June 2022
Buy or Rent Report - Is it cheaper to buy or rent your next home?
Is it cheaper to buy or rent your next home? Analysing cost to buy vs renting prices in the suburbs across Australia, PropTrack’s latest Buy or Rent Report locates the suburbs of affordability when buying a home compared to renting one. Cheaper than…
24 June 2022
Comparing Stamp Duty to Property Tax
Buying a new home with stamp duty adds approximately fourty thousand dollars for every million you spend, due upfront with all other costs associated with procuring your new abode. A new option introduced is an alternative property tax that allows home…
22 June 2022
60% of Aussie homes include pets while only 10% of rental homes are pet friendly
Sixty per cent of Aussie homes include pet ownership. At the same time, advertising property rentals that accommodate four-legged family members account for only 10 per cent of the available rental homes for pet owners. Twenty thousand cats and…
21 June 2022
Is there a mutual solution when the rent is about to go up?
As of June, annual rents have risen by 21.8% in Brisbane and 21.3% in Sydney, while nationally, the median weekly house rental data averaged 16.3 per cent. Searching for a rental home is never easy; dealing with almost zero vacancies is dire for renters,…
18 June 2022
I just made my last mortgage payment! I still owe $273k - I just can't afford it anymore.
Can you afford an extra grand a month on your mortgage repayment? If interest rate predictions from three-quarters of economists are correct - Christmas will be a lot less jolly in July and just before Santa arrives; a complete nightmare. …
16 June 2022
Compare property and living costs across 112 countries
Comparably by income Australia sits next to Sweden, Canada, Italy, and Iceland in the cost of buying a home in a major city. June's latest worldwide property prices allow you to compare cost of living to life quality and more financial and affordability…
15 June 2022
Tenants, landlords and rental hikes – how high can it go?
As landlords and tenants, we are all stressing about increasing rent; it’s for a mix of commonality and various opposing reasons, sure – but the hikes in rental prices have arrived, will snowball each month and likely not settle for some time. …
13 June 2022
Listen to that Meerkat and compare your bank's real interests
Only counting the big four banks, reported profits will come in at just over 14 billion for the first half of 2022 alone and include a 5 per cent increase from last year. The big four scrape by on a combined 7 million bucks each day. Considering…
9 June 2022
