Decline in New Construction Approvals
Australia has been in the thick of a two-year long property boom, spurred on by pandemic-fleeing returning residents, record low interest rates and a strong sense of FOMO (fear of missing out) amongst buyers. In a healthy economy, that rate of growth was always going to slow down at some point. In recent months it…Read More→
RBA Increases the Cash Rate by 50 Basis Points
On the first Tuesday of every month the RBA board meets and decides what needs to happen to the cash rate. As has been widely predicted, when they met this last Tuesday (July) the decision was to raise the cash rate by another 50 basis points. This matches the .5% rate rise last month, preceded…Read More→
FRCGW and the ATO Clearance Certificate
If you’re selling a home for more than $750,000, you need to be up to speed on the applicable ATO Clearance Certificate laws. Given that the median dwelling value in Brisbane is currently hovering around the $770,000 mark, this represents a large portion of real estate sales in our city. Today we’re going to give…Read More→
Australians are Wealthier than Ever
But it’s time to cut back on spending. A housing boom across Australia over the last couple of years has had buyers scrambling to hop onto the real estate ladder, and homeowners happily watching their properties increase in value. The massive increase in house prices has seen the average value of Australian household wealth dramatically…Read More→
Queensland Rental Reforms to Come Into Place
We like to keep you updated on any law reforms that affect the real estate industry here at The Henry Wong Team®. Late last year we wrote about proposed reforms to Queensland’s rental reforms, which you can read here. As stated there, we aren’t fully on board with these proposed reforms, as we feel they’ll…Read More→
Buying “Subject to Sale” in a Rental Crisis
The property market has been on a record-breaking tangent over the last couple of years. Capital cities in particular have surged from strength to strength when it comes to property valuations. Buyers have been lining up and paying top dollar for homes. In fact, it’s been a pretty tricky time for buyers, as every property…Read More→
A Closer Look at Labor’s ‘Help to Buy’ Scheme
Today we’re going to take a closer look at the ‘Help to Buy’ Scheme proposed by Anthony Albanese’s Labor government as a means of tackling home ownership unaffordability. Home ownership is a huge topic across Australia right now. We’ve experienced unprecedented growth in property prices, and this is making it harder and harder for first…Read More→
Another Successful Wishart Auction
Happy real estate buyers and sellers make our world turn here at The Henry Wong Team®. So the successful Wishart auction of 4 Sieben Street on Saturday 14th May really put a smile on our faces as we helped two separate parties move onto the next chapter in their life. In an indication of…Read More→
Exciting Brisbane Infrastructure Developments Incoming
The 2032 Brisbane Olympics are ten years away still and already there are some huge and exciting Brisbane infrastructure upgrades on the cards. Large injections of funding look set to improve the liveability of all of South East Queensland, making this part of Australia an even more attractive place to live. Let’s take a look…Read More→
The Brisbane Metro: A Modern Transport Solution
If there’s one thing we’ve learned over the past couple of years, its that the popularity of Brisbane is on an unprecedented rise. The world has woken up to what us Brisbane-dwellers have known all along: this is a fantastic city to live in. And they’re moving here in droves. Interstate migration is up, and…Read More→
The Election and Brisbane Real Estate
The Australian Federal Election is happening in May, and we’re starting to get a clearer idea of what this will mean for property prices across the country. Traditionally, elections are a quiet time for real estate as buyers and sellers opt to ‘ride out the storm’ of new or promised policy that’ll be affecting the…Read More→
Industry Titan Returns to RE/MAX
Henry Wong has been part of the Harcourts Beyond Real Estate Team for the last two years. With that office closing down and the owners going down a different path, Henry has enthusiastically decided to return to the organisation where his career began over a decade ago – RE/MAX. The Henry Wong Team®, on today…Read More→
