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Shift in housing preferences

Shift in housing preferences: Embracing smaller, more manageable homes

In recent years, a discernible shift in housing preferences has emerged, driven by evolving lifestyle choices and changing demographic trends. As household sizes decrease, there’s a noticeable inclination towards smaller, more manageable homes. As we’ve noted before, this shift signifies a departure from the traditional notion of spacious dwellings towards a preference for properties that offer practicality, efficiency, and convenience.  Embracing Efficiency and Functionality One of the primary drivers behind the growing preference for smaller homes is the desire for greater efficiency and functionality. With shrinking household sizes, individuals and families are prioritizing properties that require less maintenance and offer […]

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Australia's shrinking family size

Australia’s Shrinking Family Size – How does it affect the property market?

The dynamics of household size in Australia are undergoing a significant transformation, with profound implications for the country’s property market. As households shrink, there’s a notable shift in housing demand, buyer preferences, and investment opportunities. The average Australian household size reduced by two people between 1910 and 2021. Australia’s family size is shrinking due to several factors: Increasing Number of People Living Alone: There has been a rise in the number of individuals choosing to live alone, which contributes to smaller household sizes. Economic Pressures: The high cost of raising children is prompting Australians to have fewer children or opt

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Adviseable Buy a house or a unit

Investors – should you buy a house or a unit?

When it comes to property investing one of the common questions from our clients is whether they should be looking to buy a house or a unit. Our answer – perhaps the more important questions should be, ‘what areas should I be looking to invest in at this time?’ and ‘what’s the appropriate level of cash-flow to suit my property plan and circumstances?’ Because, keep in mind that primarily as an investor, this business is about generating a positive return, managing your money and investments wisely, and in alignment with your particular goals and circumstances. It’s not altogether about what

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