On Monday afternoon I attended a very impressive presentation by Chris Joye of Coolabah Capital which left me feeling positive about the path forward. Chris is one of the key advisers to the Prime Minister.  He has also been making recommendations to the RBA about market failings well in advance of the ‘reality’ of the true impact of Covid-19 sinking in for the Australian government, society and other countries now in the thick of dealing with the pandemic.  Below I will share with you some of the insights gleaned including his response to three of my questions, his predictions, some of which came true overnight, and the paper he and his team released yesterday morning.

As the impact of the Covid-19 outbreak becomes more widespread, we wanted to reach out to you with an update on the following: 1. Auctions have been brought forward to today, tomorrow, Friday and the weekend. 2. A property market update. 3. Property Planning Australia - Action plan. 4. ‘Some Good News’ stories because we are all being inundated with the ‘other’ news at the moment.   5. The Singapore containment success story.   6. We would also like to advise that The Property Planner, Buyer and Professor Podcast continues unabated for another seven episodes at least......because we pre-recorded it, but please keep that a secret!😉 We will keep you updated and if you would like to have a conversation with your Property Planner or Strategic Mortgage Broker, please feel free to call our office (which is being diverted to our team members), email us directly or visit our contact us page.

Core Logic have reported that property values have increased for the month of June in Sydney and Melbourne.  As we predicted, the property rebound has begun! 

David Johnston wrote this article for Domain on June 13, 2019. Land-to-asset ratio is a critical factor when assessing the quality of an investment property, yet isn’t readily understood by most investors. The land-to-asset ratio is the proportion of the overall property value made up of the land component. For example, if a property has [...]

David first provided commentary on this topic on Domain for Daniel Butkovich, article "Should you borrow more money just because you can?" Many people have been asking me what I think the impact would be on the property market following the Australian Prudential Regulatory Authority (APRA) reducing the assessment rate that banks use to determine [...]

The question used to be “when is it too late to buy a property?”, but now the question that you first need to ask is “how old is too old to borrow to invest?” Since the APRA mandated stricter lending guidelines and the Royal Commission created fear amongst bank credit assessors, it has become increasingly [...]

Data alone is not the panacea of selecting the right property! Data analysis relies upon: • Step one– Getting access to all the necessary data for every location in the country (not easy) • Step two- Understanding which data is important and which is not (even more difficult) • Step three– Successful analysis of a [...]

Population growth is a positive indicator for property value growth, right? Everyone knows this, don’t they! Well, what if I told you that population growth can be a positive and also a negative, depending on what exact location type you are measuring? Here's why... Population growth in a capital city or a regional city is [...]