Top 5 headlines from this week’s Australian real estate news Property worth $11.1 trillion: Australia’s property market now exceeds $11.1 trillion in value, making up over 50% of household wealth, driven by regional growth and high property sales. Residential listings rising: Residential property listings increased by 7.6% in November, largely due to unsold stock, with…

This week’s Australian real estate news: Top 5 headlines The latest Australian real estate news: New home sales rising: New home sales were up 8.8% in October, led by NSW, VIC, and QLD. Growth driven by easing building material costs, overseas and interstate population growth, and low unemployment. Regional growth outpacing capital cities: Regional property…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news: Property price growth to continue: Smaller capital cities like Perth, Brisbane, and Adelaide will lead property price growth in 2025, while Sydney and Melbourne may initially decline before rebounding post-interest rate cuts. Regional demand outpacing supply: Regional…

As tax season approaches, it’s crucial for investment property owners to prepare accurate tax returns to maximise returns. Leveraging their expertise, Wealth Street has compiled its top tax tips* for property investors to streamline the preparation process. Keeping records simplifies tax time Maintain records throughout property ownership to avoid overpaying taxes if you sell or…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news:  Investor lending surging: Investor lending in Australia is seeing significant growth, driven by increased loan amounts and expanding markets in certain states, while first-home buyers are also making a comeback in Victoria.  Rents rising faster than wages:…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news:  Population boom creates hotspots: Surging population growth is creating housing construction hotspots in suburban outskirts of major cities, with a population growth above 2.4% and building work over $200 million. Regional house prices gather steam: CoreLogic data…

This week’s Australian real estate news: Top 5 headlines Top Stories in Australian Property Market This Week: Land prices rise: Land sales are increasing, indicating a modest recovery in the housing market, driven by rising prices, with land availability becoming a key concern for future home building.  Record-high median house prices: Despite rising interest rates,…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news: Where rents are rising fastest: Australia’s median rent is $627 per week, with significant variations across cities and regions, driving renters to seek more affordable options in outer areas. Listings remain tight: Residential listings dropped 6.4% in…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news: Rising house building approvals: Building approvals for houses and units increased, notably in VIC and NSW, despite higher construction costs. House approvals rose by 3.8% in March, with residential building values up by 8.7%. Buying over renting:…

This week’s Australian real estate news: Top 5 headlines Explore the newest developments in Australian real estate news, covering soaring auction results, budget-friendly neighborhoods, utilising superannuation for first home deposits and housing crisis tax cuts: Steady auction market performance: The auction market remains robust with a 72.9% clearance rate & over 1,950 properties listed in…

This week’s Australian real estate news: Top 5 headlines Discover the latest in Australian real estate news, from surging confidence among industry players to the top destinations for first-time investors, doubled property prices, normalising construction costs and Australia’s top-four ranking in global house price growth: Property confidence rises: Property industry confidence rises with stable interest…

This week’s real estate news: Top 5 headlines Explore the latest in Australia’s real estate news, covering rental growth in capital cities, the influence of Millennials and Gen X on property investment and the increasing presence of investors in the market: Investors & first-home-buyers back: In February, mortgage commitments rose by 1.5% to $26.4 billion,…

In a move to revolutionise mortgage broker productivity, Wealth Street and Finsure team up to offer brokers an unparalleled advantage. Effective 19th April, 2024, Finsure brokers gain the ability to automate referrals of pre-approved investment clients directly to Wealth Street’s Investment Specialists through Infynity. This signals a commitment to revolutionising investment loan pre-approval processing by…

This week in property: Top 5 headlines Discover the latest in Australia’s real estate, from regional investment potential alongside surging unit values, federal housing support, rising buyer activity and the wealth-building impact of property: Regional Australia’s investment potential: PRD Real Estate highlights regional areas as lucrative investment destinations, citing affordability and robust capital growth, with…

This week in property: Top 5 headlines Discover the latest insights shaping the Australian real estate market, from surging property values and shrinking land sizes to predicted interest rate cuts and debates over early super access for homebuyers: Sales trends hint at price growth: A 24% nationwide increase in sales volume suggests potential price growth,…

This week in property: Top 5 headlines Discover the latest insights shaping the Australian real estate market, from surging property values and shrinking land sizes to predicted interest rate cuts and debates over early super access for homebuyers: 90% of property markets rise: Nearly 90% of Australian property markets experienced value surges, with a national…

This week in property: Top 5 headlines Explore the latest real estate market trends in Australia, from record-low vacancy rates to rising new home sales: Vacancy rates hits new low: National vacancy rates hit a new low, signaling rising rents due to rental property scarcity. PropTrack data shows a drop to 1.07%, with significant declines…

Join us in our complimentary 2024 Property Market Update Webinar: Make Winning Investment Decisions Wednesday 10th April 2024, 7:30PM AEST Discover:  Expert insights: Bypass the media hype and get straight-from-the-source information on the current property market from Tim Lawless, Research Director at CoreLogic, Australia’s leading property market data provider. Market resilience: Key factors that influenced…

Two interest rate cuts by year end could change the market and create opportunities for property investors. New data from the Australian Bureau of Statistics shows that inflation is at its lowest point since 2021. The decrease in inflation indicates that the Reserve Bank of Australia may reduce interest rates which could potentially benefit individuals…

The Australian housing market defied expectations in 2023, showcasing surprising resilience in the face of rising interest rates. While whispers of a downturn swirled, the reality painted a different picture: property prices rebounded in many regions, even reaching new highs.  This resilience can be attributed to several factors, including:  Persistent housing shortage: The supply of homes…

Reflecting on 2023: Triumph amidst turbulence As we gear up for the upcoming year, it’s crucial to recognise the formidable challenges that left their mark on the industry in 2023. The landscape was tumultuous, defined by a harsh market, unyielding interest rate rises and inflation. Yet, your resilience was pivotal, steering through these challenges with…

Navigating through a challenging year grappling with rising interest rates, surging house prices, supply shortages and heightened demand, the property market has drawn the focused attention of brokers and owners.  Domain’s 2024 outlook report reveals significant shifts in Australia’s housing landscape, covering affordability, interest rates, urban development, population growth and rental markets.   Here are five…

Last week, we co-hosted a Diwali celebration with Finsure for over 60 brokers in Victoria. Beyond celebrating Finsure’s outstanding accomplishments as the fastest-growing aggregator in Australia, the event embraced the illuminating and enlightening themes of Diwali. Amidst the traditional food and dance, the celebration also served as a significant opportunity for brokers to be enlightened and…

Are you interested in purchasing an investment property but don’t have cash in the bank for the deposit? Using equity to invest in property can be a powerful tool that allows you to make a purchase without putting down a deposit. This approach removes one of the biggest hurdles of property investment, potentially accelerating the…

The November Monthly Housing Chart Pack by CoreLogic offers a comprehensive review of the progress in the Australian housing market until the end of October 2023. Navigating interest rate challenges Despite facing 13 interest rate hikes from the Reserve Bank of Australia (RBA), resulting in a 4.25% increase in official rates over the past year,…

CoreLogic’s Tim Lawless teams up with Wealth Street x NRL legends George and Luke Burgess Tuesday 14th November 2023, 7:00-8:00pm AEST Curious about the property market? We’ve got an exciting and exclusive free webinar, featuring Tim Lawless from Core Logic and NRL legends George and Luke Burgess. Together, this dynamic trio of presenters offers a…

The National Construction Code (NCC), originally established in 2022, has undergone substantial changes that will impact Queensland’s construction industry, ushering in higher standards of energy efficiency and accessibility for new residential properties.   Starting on the 1st of October 2023, these transformative amendments signify a significant step forward.  The NCC 2022 came into effect on May…

The October Monthly Housing Chart Pack by CoreLogic offers a comprehensive review of the progress in the Australian housing market up until September 2023. Let’s break down the key highlights in the latest data: Australian residential real estate’s total value surpassed $10 trillion in September, showing a continuation of the housing recovery. National home values…

In the world of professional sports, we often admire athletes for their incredible skills and unwavering dedication to their craft. But what happens when one of these athletes, in addition to their athletic prowess, possesses a magnetic personality, innate leadership abilities and a diverse range of creative talents? Premiership winner and former South Sydney Rabbitohs…

The release of CoreLogic’s September Monthly Housing Chart Pack provides a comprehensive look at the Australian housing market trends up until August 2023. Here’s a snapshot of what happened in August: Australian real estate market value surpassed $10 trillion mark since June 2022. This is a result of increased migration, decreased reliance on lending and…

In a groundbreaking partnership, Wealth Street has seamlessly integrated with the Finsure CRM, marking an unprecedented move in the Australian financial landscape. Starting October 2023, Finsure brokers will gain the option to refer pre-approved investment clients to Wealth Street’s Investment Property Experts via Infynity. This collaboration signifies a major milestone in our relationship with Finsure,…

We were thrilled to be a part of the recent NSW and VIC Finsure PD Days. It was a great opportunity to connect brokers with the path to financial success, as Wealth Street took centre stage to introduce our groundbreaking integration within Finsure’s Infynity CRM. The Wealth Street-Infynity integration: A game changer One of the…

In a recent announcement, the Reserve Bank of Australia decided to keep the cash rate target steady at 4.10%. This decision has sparked conversations about the future trajectory of interest rates in the country. While this might seem like just another monetary policy update, it raises a critical question for both homeowners and investors: Has…

In the bustling world of entrepreneurial brokers, the challenge often lies in being too entrenched in the business to focus on the business. At Wealth Street, we hold steadfast to our core values of “eagerness to improve” and “pride in operational excellence”. This led our senior leadership team, including John Zada and partner brokers Ali,…

Looking to step into the world of residential property investment? Look no further than Australia’s resilient and thriving residential property market. With the current economic climate in mind, there has never been a better time to embark on your journey towards financial success. In this article, we will delve into why investing in Australian residential…

Whether you’re taking your first step or expanding your portfolio, the property investment journey can be complex. Making the wrong decision causes years of financial challenges. However, finding the right investment property can offer a passive income and a portfolio that sets you up for future success. There’s also potential for portfolio diversification, building long-term…

In the ever-evolving landscape of wealth management and investment, the right mix of expertise, dedication and innovation can make all the difference. At Wealth Street, we’re thrilled to introduce Luke Burgess, a retired professional rugby league player, as an integral part of our investment specialist team. His journey from the world of sports to the…

An exciting evolution is happening at Wealth Street. Wealth Street has rebranded. Our rebrand is all about bridging the gap between the financial strategy, mortgage brokering and real estate sectors to create a seamless experience for you, our valued partners and clients. Let’s dive into what this rebrand means for us, our industry and most…

As the CEO of Wealth Street, I am thrilled to connect with you through this article and delve into the heartbeat of our company – our core values. These values aren’t just words on paper; they are the very essence of who we are and the principles that have propelled us from our humble beginnings…

Amidst a barrage of twelve interest rate hikes that resulted in rates surging by more than 4% within the past year, property values continue to increase.  The RBA’s decision to pause the last two interest rate increases has stirred up a wave of confidence among Australians, creating a buzz around an even hotter housing market….

Finsure is proud to present this exclusive 45-minute webinar in partnership with Suncorp and Wealth Street. Topics of discussion Has the RBA completed raising official interest rates?  Will we witness a sharp rise in unemployment?  Is the property clock still relevant in these challenging times?  We will host a live Q&A session between Paul Brennan,…

After implementing twelve interest rate hikes since May 2022, the RBA has finally decided to hit the brakes on interest rates during its July and August meetings. This welcome respite brings relief to borrowers across the country, however there are talks of more ‘rate pain’ in the near future. While risk-adverse investors choose to step back…

Despite the recent increase in interest rates, house prices in Australia continue to climb. The latest CoreLogic Monthly Housing Chart Pack, showing data for June, provides valuable insights on Australia’s residential property market and here is what you need to know if you are thinking about investing in Australian residential property. National home values rose…

3 things you need to know on why time in the market is more significant than obsessing over market timing. Successful investors understand that taking action and creating wealth at any point of the market are crucial steps in creating long-term wealth. While timing holds some significance, finding the right property with strong fundamentals ultimately…

Key takeaways  New builds offer property investors significantly more tax benefits than existing builds.  The two ways property investors can claim depreciation are building allowance and depreciating assets.  Depreciation claims on existing property built prior to 2020 are maxed at $65,000 over 10 years. New properties built after 2020 can claim depreciation of up to…