PIPA In the News

Wed
04 Apr
2018

RBA cash rate remains on hold for April

Yesterday, RBA Governor Philip Lowe and the Reserve Board met for April—and in line with the forecasts of many analysts, decided to keep the cash rate on hold at 1.5%.

"No surprises there as both the Reserve Governor and the Board are flagging to industry and business that they're in no rush to move the rates higher anytime soon," said Ben Kingsley, chair of Property Investment Professionals of Australia (PIPA).

Kingsley said the reason why the cash rate hasn't shifted is because the Reserve Bank still wants to see stronger economic growth and "more pressure on wages".

According to Lowe, employment grew strongly over the past year, with employment levels rising across all states.

Tue
03 Apr
2018

How to choose a property advisor

Who do you ask for property advice?

With so many mixed messages and vested interests, who can you really trust?

Metrpole's recent Property Investor Consumer Sentiment Survey revealed the many and varied sources that property investors consult for advice.

But since most property investors fail to achieve the financial freedom they deserve, and with less than 8% ever owning more than 2 properties, a better question to ask would be...who should you be asking for advice?

Sat
24 Mar
2018

Brisbane's real estate boom

A survey of members of the Property Investment Professionals of Australia has revealed that Brisbane was regarded as the best capital city for property investment.

Apparently, cashed-up baby boomers from Sydney are just waiting to make a mint on their Harbour City homes and are queueing up to migrate north to buy cheaper property in the River City. Is that good news for Brisbane or will it simply make property more unaffordable?

Kieran Clair is the Director of Bricks and Mortar Media. Kieran is chatting with Loretta Ryan.


Thu
22 Mar
2018

Tighter lending biggest concern for property investment professionals

Property investment professionals are overwhelmingly positive about the year ahead, but tighter lending conditions remain a concern, according the 2018 PIPA Member Survey.

The annual survey, conducted in February, found that 100 per cent of respondents were optimistic about their businesses with more than half saying they would employ more staff this year.

However, the number one property market concern was the tightening of lending to investors.

Over the past 12 to 18 months, all investors have had to deal with the APRA restrictions, which lenders have faithfully implemented.

Wed
21 Mar
2018

Sydney offering the least for investors, Brisbane offering the most

A new survey has found investors believe Sydney is least likely to offer investment success over 2018, while the majority see Brisbane offering great prospects.

According to the The Property Investment Professionals of Australia (PIPA) 2018 Member Survey, 3.85 per cent saw Sydney as a viable capital city to invest in, compared to 11 per cent last year.

Sydney was tied with Canberra and Hobart, while Darwin placed dead last, with no-one believing it was worth an investor's time and money.

Meanwhile, 46 per cent of respondents said Brisbane was worth investing into, coming in first for the second year in a row.

Mon
19 Mar
2018

Aussie capitals that offer solid investment prospects

A mere 3.85% of property investment experts believe Sydney offers solid prospects this year, a major drop from 11% in 2017, according to the Property Investment Professionals of Australia's (PIPA) 2018 Member Survey.

Nearly half (46.15%) of respondents said Brisbane offered the best investment prospects for 2018. The Queensland capital was also the top pick by property investment professionals last year, with 44% of respondents selecting the city.

Melbourne was picked as the second best location for property investment this year (19.23%), down from 29% in 2017.

The third pick was Perth, which has shown signs of recovery over the most recent quarters. About 15.38% of respondents said the WA capital offered the best property investment prospects for 2018, a significant increase from 3.7% in 2017.

Fri
16 Mar
2018

Sydney baby boomers drive real estate boom in Brisbane

A MIGRATION of cashed-up Baby Boomers from Sydney will lead to a real estate boom in Brisbane, according to property investment experts.

A Property Investment Professionals of Australia (PIPA) members' survey revealed that Brisbane was regarded as the best capital city for property investment.

Of the members who participated in the survey, 46.15 per cent rated Brisbane as the best capital for investment prospects in 2018.

PIPA chairman Peter Koulizos said the Queensland capital was expected to boom as a side effect of the Sydney property boom happening when Baby Boomers were looking at retiring.

"People that have a lot of equity in their home can retire or semi-retire by selling up and buying a home in southeast Queensland," Mr Koulizos said.

Fri
16 Mar
2018

Southern boomers get set for invasion

A MIGRATION of cashed-up Baby Boomers from Sydney will lead to a real estate boom in Brisbane, according to property investment experts.

A Property Investment Professionals of Australia (PIPA) members' survey revealed that Brisbane was regarded as the best capital city for property investment.

Of the members who participated in the survey, 46.15 per cent rated Brisbane as the best capital for investment prospects in 2018.

PIPA chairman Peter Koulizos said the Queensland capital was expected to boom as a side effect of the Sydney property boom happening when Baby Boomers were looking at retiring.

"People that have a lot of equity in their home can retire or semi-retire by selling up and buying a home in southeast Queensland," Mr Koulizos said.

Fri
16 Mar
2018

Perth property tipped to rise

The Perth property has recieved a strong endorsement, with a survey from the Property Investment Professionals of Australia listing Perth highly as an investmnt prospect for 2018.

The annual survey placed Perth third among Australia's capital cities, with 15 per cent of members selecting the city as the best property investment prospect in the country.

The result is a significant increase from previous year's result of 3.7%.

Leading the survey was Brisbane, which tallied 46 per cent of the votes, while Melbourne was second with 19 per cent.

PIPA chairman Peter Koulizos said conditions were improving in Perth.

 

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