Believe it or not, Australian culture is nothing like the old beer commercials of the 80s or the stereotypical image of Crocodile Dundee roaming the Outback. Australia is actually one of the most diverse and urban nations on Earth. It’s a dynamic, egalitarian and laid-back society, but there are some conventions that can be [...]
There's no snow, egg nog or Christmas jumpers, but we wouldn't swap an Aussie Christmas for anything. We use Christmas time to spend the afternoon at the beach, take a dip in the pool and enjoy the long summer nights. Whilst many traditions orginate from England, there are a few notable differences. Christmas Food & [...]
Rental yields have not kept pace with property value increases – potential increases in home rental costs.
As many will be aware, property prices have increased substantially in recent years, particularly in Sydney and Melbourne. However rents have not shown a similar increase. We have begun to see noticeable tightening in the availability of properties to rent & this can be expected to lead to rent increases in the period ahead. [...]
Many readers will be aware the cost of housing in Sydney has increased rapidly in recent times. Despite a 17% increase in median house prices in Sydney in the year to September 2014, growth in capital value over the ten years since September 2004 is “only“ 6% per year. From 2004 to 2010 prices only [...]