Rising taxes, interest rates and tightened tenancy laws. Here’s why landlords say they’re selling up lolita, 06/09/2025 For Alison Dougherty, being a landlord was always a two-way street. “The tenants depend on me and I depend on the tenants,” she said. “So it was always important for me to look after the tenants and no request unless it was unreasonable was ever knocked back. “And if I had a great tenant, which I often did, I wouldn’t raise the rent.” But after more than a decade as an investment property owner, Ms Dougherty joined what industry groups warned was an exodus of landlords selling up. Rising taxes, changing tenancy laws and biting interest rates are some of the reasons, according to one recent industry survey, that property investors are exiting the market in droves. “Many are selling their properties. Many are selling all of their properties,” Nicola McDougall from the Property Investment Professionals of Australia (PIPA) said. “And what our survey also showed — a significant percentage have actually said they will never be an investor ever again.” Nicola McDougall … Continue Reading
Property prices stabilizing after another boom, with rents still going up, especially on apartments lolita, 24/03/2025 The property market appears to be stabilizing in key regions after the latest boom, according to the latest monthly figures, with analysts forecasting that prices will not keep rising as quickly next year. Key points: Melbourne and Hobart home prices dropped 0.1 per cent in November Perth (+1.9 per cent), Brisbane (+1.3 per cent) and Adelaide (+1.2 per cent) had the biggest monthly city increases Homes at the lower to mid-range price points are now performing better than the top end The median national property price is now at a record high of $753,654, according to CoreLogic, although it is much higher in Sydney at more than $1.2 million. Key markets Sydney and Melbourne were fairly flat over the past month, but prices were still rising strongly in Brisbane, Adelaide and Perth. “They’re continuing to see housing values rocketing along,” CoreLogic’s chief economist Tim Lawless says. “Below the surface there’s a lot of diversity here.” CoreLogic’s figures for November show a patchwork of results across the country.(Supplied: CoreLogic) Interest rates have been rising since May last year, with some economists tipping another rate rise in February. Mr Lawless says property value growth is slowing as buyers at … Continue Reading