Gallup’s World Happiness report for 2024 was recently released. Australia is one of the happiest countries in the world, ranking 10th globally. Overwhelmingly, the happiest countries tend to be small, with populations under 15 million people. Only the Netherlands and Australia could be considered large countries in terms of population … Read more
The latest population projections from the Australian Bureau of Statistics (ABS) have just been released. While getting long term projections correct is notoriously difficult, the reality is that in the next 48 years we are very likely to have a much bigger Australia. The ABS estimates that there will be … Read more
Standard investment advice is to always buy a house instead of an apartment if you can afford to do so. The primary reason being that house price growth always exceeds unit price growth over the long term. While this is often the case, it doesn’t always hold true. For example, … Read more
It has been a strong start to 2024 for Australian housing markets with house prices up already 2.2 per cent. If this rate of growth continues, it is possible that Australian house prices will increase more than 10 per cent this year. Fundamentally, there are many reasons why the outlook … Read more
Nerida Conisbee Ray White Group Chief Economist There was no rate cut last week but with markets now pricing in two cuts this year, it seems to be enough to drive demand for property. Property inspections are high, listing authorities are showing that more people are coming to market and … Read more
With many deductible items in your investment property that can be claimed on your tax return, it’s worth checking to see what depreciation applies to you. Here’s what you can claim, what you can’t and who you can ask for advice. What type of depreciation is available? For starters, there … Read more
Nerida Conisbee, Ray White Group Chief Economist Australian median house prices increased by $75,000 over the past 12 months. In many parts of Australia however, the increases were far higher, despite a sharp rise in interest rates during the year. Although the cost of finance soared, there was no shortage … Read more
Virtuoso Apartments known as the luxury residences on the river in West End. Established on the West End peninsula overlooking the desired Brisbane river, Virtuoso is a place you want to call home. Doused in the rich cultural history of Brisbane, Virtuoso was previously home to the Queensland Symphony Orchestra … Read more
If you believe there may be a water leak at your property there is an easy way to complete a meter-self test. First check that there is no obvious leaks from taps, sinks, toilets, showers etc. Ensure all taps, showers & hoses are turned off. Go to your water meter, … Read more
If you have no hot water or limited supply it maybe that your hot water system needs to be topped up, may be on off peak power or possibly the power has been tripped. Firstly visually check your hot water system for leaks. If there is a leak report the … Read more