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7 of the most expensive homes for sale in the world

You’ve heard about 1 Euro homes and $10K Japanese akiyas, but what about the other end of the spectrum? Who’s splashing money instead of saving it, and on what? Sydney’s property market isn’t the only one in flux, as inflation and high-interest rates create chaos worldwide. While many of us might look at the state...

Median house prices vs average income: How Sydney’s lack of affordability compares to the rest of the world

If you’re reading this from somewhere in Sydney, you’re reading this from the second least affordable housing market in the English-speaking world. But hey, we’re also home to the most Instagrammable restaurant in the world, so there’s that. Demographia’s annual International Housing Affordability Report ranks the harbour city in the top 3 least affordable cities...

Will home prices keep rising over the next year?

Property prices are expected to keep climbing higher through to mid-2025 – though not everywhere, according to a new report. We reveal where prices are tipped to go up, and where prices are expected to fall. What a crazy financial year it’s been for property prices. Despite a cost of living crunch and high interest...

Practice Update July 2024

ATO’s ‘main residence exemption tips’ The main residence exemption needs to be considered in a variety of situations when a taxpayer sells a property they have lived in.  The ATO hopes that the following tips will help in this regard: ◆ Taxpayers should consider if they have started earning income from their home (in which...

Rate cuts? Pencil them in for 2025

Put the party pies on ice and postpone those rate-cut celebrations for a while yet. The much-touted rate cuts we’ve been waiting for may not arrive until 2025. Here’s why rates could be staying higher for longer, and how to take action yourself. June saw the Reserve Bank of Australia (RBA) keep the cash rate...

First home buyers turn to Bank of Nan and Pop

Nan and Pop have always been good for birthday money, but one-in-10 grandparents are taking their generosity to the next level: helping their grandkids buy a first home. Most of us have special memories of pocketing a few treats from Granny and Gramps. But it turns out those small gestures of affection we knew as...

Almost 70% of Sydney suburbs are below their peak dwelling value

Would you believe us if we told you that despite the constant news cycle reporting record-breaking house prices, home values have actually only risen 2.8% across Australia since April 2022? Though surprising, that’s what CoreLogic uncovered in their recently published analysis comparing property market performance before and after Australia’s historic two-year rate hike cycle. Not...

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