Top 6 things that make property valuable

May 9, 2021May 9, 20211 min read

Value… it’s such a tricky concept to unpack and define.

We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives.

It’s the delicate balance between supply and demand that drives up the value of these goods – the illegal drug market is the perfect example of how a highly-coveted, yet hard-to-come-by item can become inflated several times over its original worth because if people want it badly enough, they’ll pay the price.

But what makes real estate so valuable?

We live in a country with vast expanses of space, yet we cling to the major coastal cities for dear life and treat the inner-ring suburbs of Sydney, Melbourne and Brisbane like hallowed turf that we can only hope to be worthy of residing on.

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Property taps into … Read more

Architecture Etsy item of the day Property Real Estate

A Timeless Yet Characterful Federation Bungalow Update

May 9, 20211 min read

A Timeless Yet Characterful Federation Bungalow Update

Architecture

by Amelia Barnes

Nestled in Sydney’s inner-west, Bona Vista by Studio Prineas reinterprets the characterful features of its Federation frontage. Photo – Chris Warnes. Styling – Anna Delprat

Studio Prineas developed a considered vision for all aspects of the project: architecture, planning, custom joinery, furniture and styling. Photo – Chris Warnes. Styling – Anna Delprat

The original building was previously separated from the garden. Photo – Chris Warnes. Styling – Anna Delprat

The updated concept works to connect the main living spaces to the garden by an internal level change. Photo – Chris Warnes. Styling – Anna Delprat

The design team were inspired by the home’s existing terrazzo thresholds and vitrified tiles to the fireplace, driving a tactile and layered material sensibility. Photo – Chris Warnes. Styling – Anna Delprat

For the material palette, Studio Prineas were inspired by the

The 3 Biggest Obstacles to Becoming Financially Free

May 8, 20211 min read

What has been the single greatest obstacle stopping you from becoming financially free?

Why do I ask?

Well…last week at a private client function I was conducting I had the good fortune to have conversations with a number of our Wealth Retreat graduates.

I was talking with them about their experiences since attending our 5-day workshop, what they had learned, what they were doing differently, and how they were leveraging the relationships they had built at Wealth Retreat.

Some interesting comments came out which I’ll share with you in a moment, but first I want to ask you that question again:

What has been the single greatest obstacle stopping you from becoming financially free?

Speaking to these Wealth Retreat graduates, here were the three main hurdles I’ve seen them face.

As you read on, see which of these three get in your way.

Maybe you’re facing more than one of … Read more

Architecture Etsy item of the day Property Real Estate

The TDF Kids Art Awards WINNERS!

May 8, 20211 min read

The TDF Kids Art Awards WINNERS!

Fundraiser

by Lucy Feagins, Editor

I’ll be honest, when launching the first ever TDF Kids Art Awards, I didn’t know what to expect. I thought Australian kids were talented, but never did I anticipate the INCREDIBLE artworks submitted to this inaugural competition. From abstract interpretations of ‘unicorn sunsets’ by three-year-olds, to extraordinarily detailed drawings of wildlife, and even needle-felted embroidered works, there are some seriously amazing upcoming artists in this country!

Selecting the winning works was no easy feat for our judges: legendary artist Reko Rennie, Melbourne’s design darling Beci Orpin and the iconic Ken Done, but after much deliberation, they’ve selected five winners and 15 runners up!

Thank you to Honan for supporting this event, and to every single person who entered. Not only have you blown us away with your talent, by entering, you’ve helped raise valuable funds for Children’s

Australian housing market reaches new peak and surpasses $8 trillion valuation

May 7, 20211 min read

CoreLogic today announced its estimate of the total value of residential real estate in Australia has reached a new high of $8.1 trillion.

The surge in value follows the recent broad-based capital gains witnessed across the country, with many markets now at new peak levels.

CoreLogic data shows in the three months to April, national home values rose 6.8%, which is the highest quarterly dwelling growth rate since December 1988.

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“The increase in the value of residential real estate has put Australian home owners in a strong equity position, with the RBA estimating just 1.3% of housing loans to be in a negative equity position at the start of 2021.

However for many Australians looking to get a foot on the property ladder, the continued strength in the market is putting home ownership further out of reach despite record low mortgage rates. Wages growth simply isn’t keeping