How to get started in property development

In these changing times, when property investors can no longer count on double digit price growth , many  are considering getting started in property development to help them ‘manufacture’ some capital growth.

While property development can be very lucrative, many beginning property developers get themselves into trouble because they don’t know what they don’t know. They step into a potential minefield without doing sufficient homework.

At the other extreme, many would-be property developers don’t even get started because they don’t know where to start.  [Read more...]

First home buyer debt burden: watch your budgets when entering property market!

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First home buyers are being warned by Australia’s leading financial comparison website RateCity.com.au to take caution when entering the home loan market, or risk mortgage stress.
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Consumers more optimistic about Australia’s housing markets in 2013

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Last week Nine Rewards and RP Data undertook our second housing market sentiment survey. The first survey was in October last year and we intend to run the survey every three months.

The results were stronger than I expected, in the sense that only a very small proportion of the survey respondents expected dwelling values to fall over the next six to twelve months.

[Read more...]

Land banking – the property development strategy of the pros

How many times have you driven past a property and said to yourself, “If only I had bought that property when it was for sale five years ago?” 

Who wouldn’t have bought more properties 10 years ago if they knew they would have doubled in value, like many well located real estate has done over the last decade?

Fast forward five years from now – would you like to own a property development site that cost you much less than its current price?

Well maybe you should consider Land Banking – a strategy used by many professional property developers. [Read more...]

The Insider’s Guide to Predictable Profits in Property Renovations

Do you want to make a profit of property renovations?

You’re not alone. Currently many property investors are turning to renovations to add value, but when they do the sums at the end of the renovation project, some are disappointed with their lack of profit. [Read more...]

Residential property development funding

With the very real need for increased housing over coming years, residential development is an attractive property investment option for many people.  It has the potential to generate significant equity when well planned and executed.

The most common project undertaken by individuals is the construction of two townhouses or units on one block of land.

So let’s look at how to finance this type of project. [Read more...]