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Melbourne Overtakes Sydney

February 12th, 2016
Property price growth in Melbourne is the strongest in Australia for the first time in three years, with price growth in the Victorian capital overtaking Sydney on a monthly and yearly basis. While both markets are slowing down from the frenetic pace of the last few years, the Melbourne market has more room to move before it levels out. Brisbane and Adelaide posted modest annual growth, with the resource-focused cities of Perth and Darwin recording monthly and annual price declines.

According to the latest results from CoreLogic RP Data, Melbourne property prices grew 2.5 percent in January, compared to just 0.5 percent in Sydney. Strong January results gave Melbourne the extra push it needed to overtake Sydney, with year-on-year property price appreciation at 11 percent compared to 10.5 percent in Sydney. With prices in Sydney at their slowest annual pace in 29 months, the market may be starting to top out.

According to CoreLogic RP Data's research director Tim Lawless, "We've been seeing Sydney consistently drifting lower since about July last year, when values were rising at about 18 per cent per annum... Melbourne has also slowed down, but not quite as muc [...]

Marie Kondo and the Art of Decluttering

February 5th, 2016
Marie Kondo is a big name in her native Japan, with the self-described "crazy tidying fanatic" now taking the entire world by storm with the publication of her second English book "Spark Joy: An Illustrated Master Class on the Art of Organizing and Tidying Up". Recently named one of the 100 most influential people of 2015 in Time magazine, Kondo's approach to decluttering promises to improve your household and enhance your lifestyle.

Despite her relatively young age, Kondo is a very bi [...]

Exercise and Nutrition Should Always Be Combined

February 1st, 2016

Your body needs good quality fuel and proper maintenance in order to function effectively, with nutrition and exercise meeting these criteria. Good health is all about balance and consistency, and when it comes to nutrition and fitness, you really can’t have one without the other. If you don’t eat well, your workouts will not be effective, and if you don’t […]

Where is Planet Nine?

January 29th, 2016

According to astronomers, a planet the size of Neptune is lurking somewhere in the outer reaches of the solar system beyond Pluto. Currently known as “Planet Nine” or “Planet X”, this unseen planet is said to orbit the sun every 15,000 years. While the presence of Planet Nine has been inferred from a peculiar clustering of six previously known objects […]

Confidence Forecasts and the Property Market

January 22nd, 2016

Consumer and business confidence in Australia continues to fall, with overall consumer sentiment decreasing for the fourth consecutive week to reach its lowest point since the appointment of Malcolm Turnbull as Prime Minister. Falling confidence is mostly due to losses on the stock market and ongoing concerns about China’s economy, with reduced confidence also having a negative effect on the […]

Top Buyers’ Markets

January 18th, 2016

People in the market for a new home are looking forward to a great year ahead, with Australian markets starting to favour buyers for the first time in four years. According to the latest Commonwealth Bank CoreLogic RP Data Home Buyers Index, the Brisbane and Darwin markets have already shifted in favour of buyers, with other cities likely to join […]

Gadgets from CES 2016

January 15th, 2016

The Consumer Electronics Show (CES) is over for another year, with startups and established companies unveiling all the latest in the world of tech. CES 2016 had televisions, helicopters, and everything in-between, from already-on-the-shelves products through to gadgets that may never get a commercial release. Let’s take a look at some of the best – and some of the weirdest […]

Making Your Home Healthier

January 8th, 2016

Everyone wants their home to be as safe and healthy as possible. While New Year’s resolutions are often based around renovations and backyard spruce-ups, sometimes it’s important to take care of the space you’ve already got. According to Nicole Bijlsma, building biologist and founder of the Australian College of Environmental Studies, “In terms of health, we look at our diet […]

Loneliness Is Bad For Your Health

December 28th, 2015

Extreme loneliness is bad for your health, with chronic social isolation shown to increase the chances of disease and early death. Whether you’re a teenager, a retiree, or somewhere in-between, people without healthy social connections are at greater risk of developing inflammation and obesity among other risk factors. Time and time again, studies have shown a connection between a healthy […]

The Government’s Innovation Plan

December 14th, 2015

The Australian government are getting excited about the future, with Prime Minister Malcolm Turnbull announcing a $1.1 billion plan to promote business-based research, development, and innovation. The new plan will attempt to kick-start an “ideas boom” by strengthening ties and communication between the business community and academia. With millions of dollars flowing into the CSIRO, new tax incentives, and changes […]

Income Needed for Mortgage – City by City

December 11th, 2015

Property prices vary widely across Australia, with homeowners needing to earn six figures in five capital cities just to feel comfortable paying the mortgage. After analysing home loan data across the country, Mortgage Choice has released a report comparing minimum repayment rates in each Australian capital. Unsurprisingly, Sydney is the most expensive place to live, with Hobart the most affordable. […]