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1 in 200 Australians are homeless

Here’s another property related issue people should be aware of – homelessness. In what is considered a wealthy country, you would be surprised and saddened to see how widespread the issue is. There are currently 105,237 people in Australia who are homeless. The rate of homelessness (which takes into account population density) is 49 out of every 10,000 people (0.5% of…

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The end of winter sees a rise in rents and fall in vacancy rates

Figures released by SQM Research this week have revealed that the number of national residential vacancies dropped in August. 73,451 vacancies, giving a vacancy rate of 2.3%, with vacancies dropping in all capital cities, pushing up rents in most locations, especially in Sydney and Melbourne where the vacancy rates are now below 2%. Key Points…

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Ask Michael Anything [video] – How to buy your next investment?

So you’ve bought your first property, and now you’re ready to continue building you folio, what’s the best way? This week watch Michael explain and discuss the best strategies to purchasing your second or even third investment property.   This week’s question: Hi Michael, After you buy your first investment, do you buy your next investments with…

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