PIPA In the News

Sat
24 Feb
2018

Hobart growth on the rise

IT may have the highest prices but Sydney has actually been the country's weakest performing property market for much of the 21st century.

An analysis of price movements since 2002 showed Sydney property values grew at a slower rate than those in every other capital.

Sydney growth for the 15 years was also below the average for the eight capitals combined.

Harbour City prices grew by 142 per cent over the period, while the average for all capital was 161 per cent.

Roughly half of the Sydney growth in that time occurred over the last five years when the city was going through an unprecedented boom.

Thu
22 Feb
2018

Vacancy rates in Sydney lowest in 5 years; growth prospects slim

Sydney's vacancy rates are at a five-year high, according to the latest REINSW data, with reports that the city is also facing the smallest house price growth in the country.

The Real Estate Institute of New South Wales (REINSW) has announced that vacancy rates in middle Sydney are at the highest they have been since 2012, rising to 2.9 per cent, up by 0.3 per cent.

"This is the highest level since August 2012 when the vacancy rate for middle Sydney was at 3.0 per cent," REINSW president Leanne Pilkington said.

"The area has seen a significant increase in available stock and a decline in applications."

Overall, metropolitan Sydney rose by 0.1 per cent to 2.2 per cent. Inner Sydney also rose to 2.1 per cent, up by 0.1 per cent, but outer Sydney fell to 2.2 per cent, down by 0.1 per cent.

Wed
21 Feb
2018

Sydney's lacklustre long-term capital growth

While Sydney has recorded strong capital growth over the past five years, its long-term performance pales in comparison to smaller capitals, according to the latest analysis by the Property Investment Professionals of Australia (PIPA).

PIPA—which analysed data from the 2002-2017 Australia Bureau of Statistics Established House Price Index—showed that in terms of capital city house price growth, Sydney finished dead last.

The Harbour City's house price index has increased a mere 142% over the past 15 years, compared to first-place Hobart, which recorded growth of 220% over the same period.

Melbourne came in second (208%), Darwin third (161%), and Brisbane fourth (160%).

Peter Koulizos, Chairman of PIPA, said the research reinforced the notion that successful property investment is all about long-term results, rather than short-term gains.

Tue
20 Feb
2018

Hobart beat Sydney, Melbourne, Brisbane and Perth for price growth over the past 15 years

IT may have the highest prices but Sydney has actually been the country's weakest performing property market for much of the 21st century.

An analysis of price movements since 2002 showed Sydney property values grew at a slower rate than those in every other capital.

Sydney growth for the 15 years from September 2002 to September 2017 was also below the average for the eight capitals combined.

Harbour City prices grew by 142 per cent over the period, while the average for all capitals was 161 per cent.

Roughly half of the Sydney growth in that time occurred over the last five years when the city was going through an unprecedented boom.

Mon
19 Feb
2018

Sydney sees vacancy rates rise while property growth slows

Vacancy rates in one of Australia's most popular property markets are at a five-year high with reports that it is also the last capital city in terms of property growth.

The Real Estate Institute of New South Wales (REINSW) has announced that residential accommodation in middle Sydneyhas been the highest it has been since 2012, rising to 2.9 per cent, up 0.3 per cent.

"This is the highest level since August 2012 when the vacancy rate for middle Sydney was at 3.0 per cent," said REINSW president Leanne Pilkington.

"The area has seen a significant increase in available stock and a decline in applications."

Overall, metropolitan Sydney rose 0.1 per cent to 2.2 per cent. Inner Sydney also rose to 2.1 per cent, up 0.1 per cent, but outer Sydney fell to 2.2 per cent by 0.1 per cent.

Thu
08 Feb
2018

How to manage your overseas property?

Investing in an overseas property could put a big dent in your bank account if you overlook the risks. But if done right, you could end up with a comfortable home away from home or a winning investment property at your favourite holiday destination.

As chair of the Property Investment Professionals of Australia, Ben Kingsley often gets asked about overseas investment. It's something he cautions against due to the long list of things that could go wrong for buyers operating in an unfamiliar territory.

Mon
04 Dec
2017

PIPA announces changes to leadership team

The Property Investment Professionals of Australia has announced changes to its leadership team, after property expert Ben Kingsley stepped down as chairman.

As of Friday, 1 December, Peter Koulizos takes the role of chairperson at the Property Investment Professionals of Australia (PIPA) board of directors, after former chairman Ben Kingsley stepped down from the role following five years of service.

Dubbed the "property professor", Mr Koulizos was first appointed as a director in 2015, and assumed his new role as chair on Friday.

Mr Koulizos has 20 years of experience as a property developer, investor and teacher of real estate and investment in several educational institutions.

Fri
01 Dec
2017

PIPA elects new board chairman

The PIPA board of directors has elected Peter Koulizos as the association's new chairman, effective 1 December 2017.

Mr Koulizos replaces outgoing chairman Ben Kingsley, who stepped down after five successful years at the helm of PIPA. Mr Kingsley remains on the PIPA board of directors.

Mr Koulizos was first elected to the PIPA board in 2015 and is a South Australian property academic at both TafeSA and the University of South Australia.

Affectionately known as the "Property Professor", Mr Koulizos brings more than 20 years of real estate and investment teaching to the chair position as well as personal experience as a successful investor and property developer.

Fri
01 Dec
2017

Lack discipline? Maybe a line of credit isn't for you

Lines of credit on home loans are a relatively new product in the mortgage marketplace.

But the problem is that it can be tempting for borrowers to use them as a cash machine that they never have to repay.

But, of course, that is not the case at all because lines of credit are not free money.

Property Investment Professionals of Australia chairman Ben Kingsley said lines of credit can have a role in the financial landscape but discipline was the name of the game.

Thu
30 Nov
2017

PIPA elects Peter Koulizos as board chairman to battle for property punters interests

The PIPA board of directors has elected Peter Koulizos as the association's new chairman, effective 1 December 2017.

Koulizos replaces outgoing chairman Ben Kingsley, who stepped down after five successful years at the helm of PIPA. Kingsley remains on the PIPA board of directors.

Koulizos was first elected to the PIPA board in 2015 and is a South Australian property academic at both TafeSA and the University of South Australia.

Affectionately known as the "Property Professor", Mr Koulizos brings more than 20 years of real estate and investment teaching to the chair position as well as personal experience as a successful investor and property developer.

 

subscribe newsletter icon