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On today's episode Terry discusses the cover story he wrote for the February edition of Money Magazine, which features the Top 50 Property Hotspots in the nation. First-time buyers are a dominant force in the property market, with the latest NAB survey confirming official data from the ABS. Around 90% of Australian who “flipped” properties last year sold for more than their previous purchase price, according to a new report. Lenders are competing strongly on mortgage interest rates, rendering the decisions of the Reserve Bank on the offical rate almost irrelevant. In this episode Terry examines the results from the latest edition of The Price Predictor Index. A month ago I wrote in January edition of The Ryder Report: “The primary reason for the revival in the Perth property market is the recent improvement in the state economy” and presented some evidence to support that view. Australia has many different markets - and they're not all moving in the same direction, nor at the same speed. Our Price Predictor Index shows which ones are rising and which ones are falling. What's the most underrated market in Australia and also the most consistent market amongst the capital cities of Australia? What's the most underrated market in Australia and also the most consistent property market among the capital cities of Australia? We think the answer to that question is Adelaide. The strong economies in the ACT, Tasmania and South Australia suggest property markets will rise in Canberra, Hobart and Adelaide.
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Next ›
Hotspotting Podcast | Episode 31: Money Magazine & PPI
FHB Rise Confirmed By NAB Report
Most Flippers Make A Profit – But There Are Dangers
RBA Move Irrelevant As Lenders Compete
Hotspotting Podcast | Episode 30: Price Predictor Index
Terry's Take on the Perth Property Market
New Markets Rise As Big Cities Fade
Hotspotting Podcast | Episode 29: Adelaide
We think the answer to that question is Adelaide, and today Terry discusses why investors around Australia should be giving it more consideration as a venue for investment. Adelaide Is Our Most Underrated City
Local Economy Drives City Market Prospects
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