Do you want to create financial independence through Property Investment?
Use our articles from leading experts in property investing as your guide - from how you could get started in property investment in Australia, the common mistakes to avoid, tips on buying property and a range of advanced property investment topics like the psychology of successful property investors, property finance, tax and the law plus lots more….
Here’s a summary of the weekly key real estate market stats from RPData.
Some things you should keep an eye out for as a property investor include:
- Key housing market indicators available; including private treaty and auction market statistics
- Summary of the RP Data-Rismark daily index movements over the past week and month
- Snap shot of recent sales across each state
- Top ten most expensive sales transacted over the past week
- RP Data Mortgage Index
- RP Data Property Index
In the fifth installment of his series on property development Gavin Taylor, director of Metropole Property Strategists, explains in detail how to secure funding for your real estate development project.
Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all associated costs of the development.
While overall the Melbourne property market is performing well – in fact better than many expected- there are some segments of the market that are in trouble.
There is a significant oversupply of new house and land packages sitting waiting for buyers, particularly in the norther and western suburbs.
And there is an oversupply of new and off the plan apartments in the 300 projects being markets in and near the Melbourne CBD.
According to the Age, this has led to developers resorting to giveaways of free marina berths, $40,000 furniture packages and stamp duty rebates of up to $45,000 to attract off-the-plan buyers in an increasingly flooded market. [Read more...]
Once again Australia has been recognized as one of the best places in the world to live.
In fact only a country of reindeer, oil and gas is a better place to live than Australia.
The United Nations has ranked Australia No.2 behind Norway in its annual human development index that measures the quality of life across 187 nations.
The past five years have generally been a quiet period for the Australian property market, however some regions have more recently shown a substantial improvement compared with the average number of transactions over this period.
Over the year to March 2013 RP Data estimated that there were 400,209 house and unit sales nationally; 2.3% more sales than over the same period a year ago but 8.8% fewer sales than the five year average.