Onyx Blog: Property Investment Advice and Tips

Welcome to the Onyx Blog. This is where we review and comment on recent developments affecting property investors. We also provide information on investment strategies, mortgage finance and legal issues appropriate to different situations, for example, if you are self employed or approaching retirement. You can also subscribe to our blog via RSS or email.

HOW A NEW YORK HIGH RISE SHOWS THE WAY FOR AFFORDABLE HOUSING

HOW A NEW YORK HIGH RISE SHOWS THE WAY FOR AFFORDABLE HOUSING

As Australia grapples with a lack of affordable housing, a proposed development in New York illustrates an innovative way to alleviate the problem. JDS Development Group has formed a partnership with two not-for-profit groups: Two Bridges Neighborhood Council (TBNC) and Settlement Housing Fund (SHF), to build a new 900 foot tall skyscraper at 247 Cherry […]

2016-2017 Federal Budget

2016-2017 Federal Budget

A Steady Roadmap for Growth Overview As is custom, there were a number of official announcements and an abundance of rumours and unofficial ‘leaks’ in the lead up to the release of the 2016-17 federal budget. As widely anticipated, there was very little in terms of budget measures specifically aimed at housing. However, the significance […]

CURRENT OVERSUPPLY IN MELBOURNE? NOT SO FAST!

CURRENT OVERSUPPLY IN MELBOURNE? NOT SO FAST!

Current Oversupply in Melbourne? Not so Fast  – With Luca Simms, Senior Investment Analyst at SQM Research What’s happening with the residential apartment market in Melbourne today? There appears to be a lot of concern regarding oversupply of unit stock with localities such as the city centre, Docklands and Southbank predominantly under the spotlight. Another […]

THINK SMALL: ARCHITECTS SHRINK HOMES AND APARTMENTS AS HOUSE AND LAND PRICES SOAR

Australia has the world’s biggest new homes, but will need smaller, smarter, more sustainable and affordable housing for space-constrained future cities. “Australians need to be more modest in the space they’re taking up,” says architect Andrew Maynard. “Culturally, Australians have quite an introspective attitude to space – we want a pool, a tennis court, a […]

CHANGE POWER CHANGE LIVES

CHANGE POWER CHANGE LIVES

CHANGE POWER CHANGE LIVES Climate change is real. It’s happening now. And it’s affecting the world’s poorest people the most. Like in Papua New Guinea where prolonged drought, caused by El Niño, has ravaged the once fertile land. Or in Vanuatu and Fiji, where people are facing increasingly destructive cyclones. Or in Tuvalu, where rising […]

SUPPLY AND DEMAND BALANCE EASES BUBBLE CONCERNS

SUPPLY AND DEMAND BALANCE EASES BUBBLE CONCERNS

SUPPLY AND DEMAND BALANCE EASES BUBBLE CONCERNS Concerns of a bubble in Australia’s housing market are overblown according to a senior official from the Reserve Bank of Australia (RBA), who believes the market is in a better position than it has been in recent years. Speaking at the Urban Development Institute of Australia (UDIA) National […]

TOP 20 THINGS TO EXPECT IN REAL ESTATE IN 2016

TOP 20 THINGS TO EXPECT IN REAL ESTATE IN 2016

The top 20 things to expect in real estate in 2016 Sydney price growth will be in single digits. Media will declare it’s because of the APRA measures, although Sydney market was declining before APRA moved. Melbourne will lead early on price growth but its market will peak before mid-year. The rate of annual price […]

PORT MACQUARIE TO GAIN REGIONAL CITY STATUS

PORT MACQUARIE TO GAIN REGIONAL CITY STATUS

Port Macquarie to gain regional city status Photo Hydro Photographics PORT Macquarie will be recognised as a regional city for the first time as part of a draft blueprint for the North Coast. The NSW Government’s draft North Coast Regional Plan sets out a vision for the region over the next 20 years, setting the agenda for generating […]

THE RBA LEAVES RATES ON HOLD

THE RBA LEAVES RATES ON HOLD

March 1st 2016 The RBA leaves rates on hold – who cares and what does it mean to you? As discussed previously, the RBA decision on rates will have very little impact on the Bank’s interest rate movements. Owner-Occupiers will continue to be rewarded for pulling out their loan statements, checking the interest rate they […]

Higher rates remain on the cards despite another Senate Enquiry

I was interested to read in the recently how three high profile finance experts fronted the Senate Economics References Committee regarding Credit Card interest rates. David Koch, Paul Clitheroe and Ross Greenwood referred to by News Corp’s John Rolfe as Australia’s three wise men of personal finance presented their case on behalf of their various […]