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Today let’s look at how our property markets are shaping up for 2015 The Darwin market is in a full blown slump. The negativity going on in Darwin, has been getting worse. Vacancy rates have continued to rise over summer, rents on our numbers are now down 14% and are in a clear downtrend as…
Have you ever thought of tarting up an old property to on-sell and make a quick profit? Of course this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”. But can you really make a living flipping properties? If you’re after a quick buck I’m…
It’s time to throw away your excuses. If you’re not on track with your investing, what’s holding you up? Many years ago, I figured out that the only thing standing between me and success was… me. We can ALL be our own secret worst enemies. Whether we refuse to strive, or whether we reign in…
How does a professional valuer perform a valuation on a property, what are some of the challenges, and how can property investors use knowledge of the valuation process to their advantage? The formal valuation process is an integral part of property investment and it pays for property investors to understand the ins and outs. In…
It’s the beginning of another year and many Australians have made a New Year’s resolution to secure their financial futures. Most are likely to choose to invest in property to develop a degree of financial freedom and get themselves out of the rat race. Some will make it; but many won’t. So let’s look at what…
Apartments or houses – which make a better property investment? And why chose one type of property over the other? Today I’d like to make the case for investing in medium density dwellings, and I’d like to start with a little story to illustrate why. Where I grew up in Sheffield in northern England we…
By Brendan Churchill, University of Tasmania and Lisa Denny, University of Tasmania The problem with Australia’s population ageing is not that there are too many older people – it’s that there are not enough young people to support them. That presents many challenges to Australia’s continued prosperity, which are becoming more apparent by the day…
Sydney’s overall vacancy rate for houses at 2.0 percent over December indicates a tight rental market. The latest Domain Group rental data for the December quarter revealed a sharp rise in prestige house rents. Sydney’s northern beaches recorded a strong rise of 8.3 percent in median weekly asking rents over the quarter to $950. The…
Over the last few years the pendulum has swung, the markets have turned and there are more buyers out their looking for new homes or property investments than there are good properties for sale, especially in the hot suburbs of Sydney, Brisbane, Melbourne. And while it’s likely things will be a little less frenetic in…
In his recent column in Switzer explained how capital growth in property values has been greater closer to the Sydney CBD. Here’s what he said: Last year we released our annual McGrath Report, where we talked about the importance of location when it comes to capital growth, and certainly a consideration for anyone wanting to invest…
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