Property listings are shrinking
The number of homes up for grabs declined on a national level in June, with capital cities clocking significant declines, according to the latest report from SQM Research.
How to invest in property in 2020
Investing today is not the same as it was 20 years ago. Back when I started investing, there was only the CBD and the general property market move out in a ring fashion to the outer suburbs. Large buildings in the centre, then more expensive property in clusters around the high street shops in the hilly, leafy suburbs just a short drive from the CBD, with suburbs generally getting cheaper the further out from the CBD you went.
Which city is "worst performer"?
Melbourne closely follows the price movements in Sydney. This time, however, Melbourne is leading the decline, reporting a 1.1% monthly and 2.3% quarterly decreases in June. This is compared to the relatively muted drop in Sydney at 0.8%.
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