Invest
Borderless property investing offers myriad of options
Property investors not afraid to consider ‘borderless investing’ have a wealth of market options available to them, a new report has shown.

Borderless property investing offers myriad of options
Property investors not afraid to consider ‘borderless investing’ have a wealth of market options available to them, a new report has shown.

The Herron Todd White Month in Review for July 2019 has identified the latest movements and trends for Australia’s property markets.
The report opened with the concession that not so long ago, $500,000 would have provided formidable purchasing power across just about every population centre.
Now, “if you are looking for more bang for your $500,000 buck then you will have to travel further afield”, the report did concede.
Although some of Australia’s biggest markets “have taken a bit of a hit” over the past two years, half a million probably doesn’t cut as much sway as it once did in Sydney and Melbourne, it continued.
That said, the month in review offered that “if you’re willing to compromise on property type and location, you can still buy and reside within a long commute of both CBDs at (or around) this price”.
Looking beyond the “east-coast-centric” thinking, the report found plenty of options for investment at or around a ‘magic figure’ of $500,000 that offered property of various condition, amenities, land and extras.
While offering the sentiment that “when markets rise, it’s often the cheaper properties that are dragged up first”, the report did consider a number of areas as experiencing a decline in market value.
For houses, it highlighted a declining market as currently affecting the Southern Tablelands, Kalgoorlie and Newcastle.
Broome, Geraldton, Illawarra, South West WA, Southern Highlands and Sydney also all appear to be approaching the bottom of their respective markets.
The report then flagged Alice Springs, Brisbane, Melbourne, Perth Toowoomba, Darwin and Bundaberg as currently bottomed-out.
For units, a declining market was noted for Canberra, the Gold Coast, Kalgoorlie, Newcastle, Perth, and the Southern Tablelands.
The locations experiencing an approach to towards the bottom of their markets with respect to units was considered as affecting the same locations as it did for houses, the report offered.
However, in contrast to the house market, the bottom of the market phenomenon is currently affecting far more area-markets in the unit category, with the Adelaide Hills, Alice Springs, Barossa Valley, Brisbane, Bundaberg, Darwin, Ipswich, Mackay, Melbourne, Rockhampton, Shepparton, Toowoomba, and Whitsunday all very flat, according to the report.
This email address is being protected from spambots. You need JavaScript enabled to view it.
About the author

About the author


Property
House price surge to cause ‘social and political problems’: ANZ
Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, ANZ’s CEO has warned. ...Read more

Property
How important is a buyer’s agent in a rising market?
In a hotly contested seller’s market, investors are being alerted to the importance of a good buyer’s agent. ...Read more

Property
First home buyers guide: Grants and assistance in each state and territory
The federal and local governments have launched several grants and assistance programs to help their citizens achieve the great Australian dream of owning a home. ...Read more

Property
Transition period announced ahead of tenancy moratorium end
With the end of the moratorium on evictions in sight, the NSW government has announced a new measure aimed to assist the residential tenancy market transition back to pre-COVID conditions. ...Read more

Property
First home buyers brace for strengthening headwinds
While Australian first home buyers dominated the market in 2020, increasing their market share by 50.4 per cent in the past year, they're likely to face strengthening headwinds as prices soar. ...Read more

Property
Australia’s most popular rental suburbs revealed
Tenants should brace themselves for rental price hikes as tightening vacancy rates continue across the country, new research has revealed. ...Read more

Property
Australian home values rise at fastest rate in 17 years
Overall, Australian home values surged 2.1 per cent higher in February, the largest month-on-month change in CoreLogic’s national home value index since August 2003. ...Read more

Property
Housing finance records continue to tumble
Australian housing loan commitment has reached another record high in January, rising by 10.5 per cent in the last month alone, official figures show. ...Read more

Property
House price surge to cause ‘social and political problems’: ANZ
Rising house prices spurred on by low interest rates are “raising eyebrows” and could create “real social and political problems”, ANZ’s CEO has warned. ...Read more

Property
How important is a buyer’s agent in a rising market?
In a hotly contested seller’s market, investors are being alerted to the importance of a good buyer’s agent. ...Read more

Property
First home buyers guide: Grants and assistance in each state and territory
The federal and local governments have launched several grants and assistance programs to help their citizens achieve the great Australian dream of owning a home. ...Read more

Property
Transition period announced ahead of tenancy moratorium end
With the end of the moratorium on evictions in sight, the NSW government has announced a new measure aimed to assist the residential tenancy market transition back to pre-COVID conditions. ...Read more

Property
First home buyers brace for strengthening headwinds
While Australian first home buyers dominated the market in 2020, increasing their market share by 50.4 per cent in the past year, they're likely to face strengthening headwinds as prices soar. ...Read more

Property
Australia’s most popular rental suburbs revealed
Tenants should brace themselves for rental price hikes as tightening vacancy rates continue across the country, new research has revealed. ...Read more

Property
Australian home values rise at fastest rate in 17 years
Overall, Australian home values surged 2.1 per cent higher in February, the largest month-on-month change in CoreLogic’s national home value index since August 2003. ...Read more

Property
Housing finance records continue to tumble
Australian housing loan commitment has reached another record high in January, rising by 10.5 per cent in the last month alone, official figures show. ...Read more