How many Australians own an investment property?

There is a lot of noise being bantered about regarding how much money it takes to be rich in Australia.

And there’s often fuss made about all those rich greedy property investors.

So just how many Australian households hold an investment property?

The Australian Taxation Office recently released their latest stats on property investment, so let’s see how rich property investors really are.

Here is a quick summary…

According to Corelogic:

  • There are 10.5 million dwellings in Australia with a total value of $7.1 trillion
  • There is a total of $1.85 trillion in outstanding mortgage debt.
  • 5% of Australian household wealth is held in housing

The Australian taxation office tells us that in the 2017-8 tax year (the latest statistics available)

  • There are 2,207,893 property investors in Australia
  • This means around 20% of Australian households hold an investment property and 80% don’t.
  • The top investor age groups are:
    • 83% are
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This Sydney House Takes The High Ground

This Sydney House Takes The High Ground

Architecture

by Amelia Barnes

Stafford Architecture have designed this new house above a sandstone ridge in Seaforth, NSW. Styling – Room on Fire. Photo – Tom Ferguson

The clients were interested in open-plan living where family members are closely connected. Styling – Room on Fire. Photo – Tom Ferguson

A second level has been designed in line with the area’s height restrictions by creating a mezzanine over the kitchen that opens to a double height void. Styling – Room on Fire. Photo – Tom Ferguson

‘The sharp, pitched angular roof provides for the interior space and delineates the height restrictions, while giving a generosity to these rooms,’ says the architect Bronwyn Litera, senior associate at Stafford Architecture. Styling – Room on Fire. Photo – Tom Ferguson

Instead of doors, zones throughout the living area are prominently defined by

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Dezeen and Dutch Design Week host live panel discussion about The New Intimacy

Dezeen’s collaboration with Dutch Design Week 2020 launched today with a live panel discussion featuring designer Victoria Ayo and architects Mark van der Net and Ali Tal’at Ali As’ad on the event’s main theme, The New Intimacy.

Moderated by Dezeen editor-in-chief Marcus Fairs, the talk was part of a programme showcasing the work of a number of emerging and established designers at Dutch Design Week (DDW).

This year’s edition of DDW will be completely digital due to the coronavirus pandemic, which forced its organisers to take the “unbelievable painful decision” to cancel physical shows.

Designer Victoria Ayo
Victoria Ayo will speak about her “Birth Reborn” project

Fairs was joined by DDW head of program Jorn Konjin, who presented the theme The New Intimacy, which focuses on a search for new forms of intimacy following the Covid-19 pandemic.

Within the talk Ayo, Van der Net and As’ad each presented projects that … Read more

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How to keep your house warm in winter – insulate against the cold and block those drafts

After a summer of record highs and blistering nights, the drop in temperature has come as a bit of a shock. Staying warm at home can be expensive, which is why we felt the need to come up with some tips for how to keep your house warm in winter. To keep you and your family cosy until spring, without breaking the bank!

More heating ideas: Best fans for cooling and heating your home

Whether you’re after small steps to make your home that little bit toastier or are looking at completely refurbishing it to make it as energy efficient as possible, there are plenty of things you can do to prevent unwanted draughts. Our guide on how to keep your house warm in winter includes our own tricks, as well as pointers on staying snug from a few experts in the field.

How to keep your house warm in

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Why past performance is no guide to the future

When it comes to the property market, many experts assure us that past performance is the best indicator of future performance.

But if we actually look at how they use past performance to make their forecasts, we immediately come across a huge contradiction.

Only buy in areas that have stood the test of time

One group of experts claim that we should only buy properties in suburbs that have “stood the test of time”.

They say that their high performance in the past offers us not only the greatest level of security, but the best prospects of continued price growth into the future.

This is based purely on the expectation that high past performance predicts future performance.

This seems logical, except that there are many suburbs and towns where housing markets have boomed for years, only to crash without warning.

Investing TimeIn fact, every boom has ended at some time, even … Read more

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