Investing in Australian Property: Insights from 2023 for Prospective Investors

The Australian property market showcased resilience and opportunity in 2023, with the CoreLogic national Home Value Index (HVI) recording an impressive 8.1% surge in home values. While this marked a significant turnaround from the previous year’s decline, it was below the extraordinary surge seen in 2021. Throughout the year, the market exhibited diversity, with various […]

Seven Core Principles of Property Investment

Core Principles of Property Investment.

Investing in properties is like navigating a complex puzzle; every piece, every decision, matters. At Mirren Investment Properties, we understand the significance of these choices and are here to guide you through the core principles that can help you unlock success in property investment. Long-Term Vision Property investment is not a get-rich-quick scheme. It’s a […]

Brisbane’s Property Market Forecast for 2023-2024

City of Brisbane

The Brisbane property market has embarked on a promising journey, transitioning into the recovery phase of the property cycle. Notably, it has witnessed seven consecutive months of growth in median property prices, setting a positive tone for the coming years. As we delve into the prospects of Brisbane’s property market for 2023-2024, it becomes evident […]

Western Australia’s Population Growth: A Strategic Perspective

At Mirren Investment Properties, we are closely monitoring the dynamic landscape of Western Australia’s property market. Recent developments have highlighted a significant surge in population growth within the state. According to the Australian Bureau of Statistics (ABS), WA’s population has seen remarkable growth, reaching 2.855 million residents as of March 2023, with a growth rate […]

Property Investment in Ravenswood, WA

Ravenswood WA

Median house price: $470,000 (Sep 2022 – Aug 2023) Past 12 month growth: 11.9% Median house rental value: $450 PW (Sep 2022 – Aug 2023) Transport: Car, train, bus Population: 2,630 (2022) State: Western Australia Location: Peel region of Western Australia Nestled along the banks of the majestic Murray River in the heart of Western Australia, […]

Property Investment in Cooranbong, NSW

cooranbong

Median house price: $840,000 (Aug 2022 – July 2023) Median house rental value: $650 PW (Aug 2022 – July 2023) Transport: car, train, bus Population: 7077 (2021) State: New South Wales Location: Lake Macquarie – Greater Region Nestled in the heart of New South Wales, the charming suburb of Cooranbong beckons with its picturesque landscapes, community […]

Property Investment in Angle Vale, SA

Angle Vale, SA

Suburb Profile: Angle Vale, South Australia Located in the northern outskirts of Adelaide, Angle Vale is a thriving suburb that offers a perfect blend of rural charm and modern amenities. With its picturesque landscapes, close-knit community, and convenient access to urban conveniences, Angle Vale has become a sought-after destination for families, professionals, and nature enthusiasts […]

Rentvesting: Pros and cons of this property investment strategy

Rentvesting Pros and Cons.

In recent years, as property prices have soared in many desirable locations, a new trend has emerged in the real estate market called rentvesting. This strategy allows individuals to live in their preferred areas while investing in property elsewhere. Rentvesting has gained popularity as an alternative path to homeownership and investment, but like any strategy, […]

The Rental Crisis and Its Impact on Property Investors: Navigating Opportunities and Challenges

happy tenants taking the keys to their rental home from agent

Australia’s rental market has been undergoing significant challenges in recent years, with a growing rental crisis that has far-reaching implications. This article explores how the rental crisis affects property investors, highlighting key statistics and discussing the potential opportunities and challenges that arise in such a market. As we delve into the topic, we’ll shed light […]