Articles by Rita Thomas

Avatar for Property Update

is a Property Strategist with an accounting background and over 30 years’ Commercial Banking experience. She is a passionate property investor who enjoys helping her clients create wealth through property investment using Metropole’s strategic approach.
Visit www.MelbourneBuyersAgent.com.au


Are you one of the 1.7 million Australian's who made over $1billion in needless purchases?
0

Are you one of the 1.7 million Australian’s who made over $1billion in needless purchases?

Do you use your credit card to gain rewards points? I know I do.   But I was shocked to recently red that over 1.7 million Aussies made over $1 billion on purchases they didn’t ‘need’ in the past year to gain rewards points . Research by finder.com.au found that one in ten (11%) Australian credit…

Do You Know Your Properties (and Why You Should Care)
0

Do You Know Your Properties (and Why You Should Care)

Researching a suburb before you buy is clearly important. However, keeping up the research after the fact is a task that’s a little harder to maintain.  If you don’t know what’s happening in the neighbourhood, how will you know the best course of action for your property? While clearly investment is about long-term capital growth,…

Believe it or not: 42% of Australians worry about becoming homeless
0

Believe it or not: 42% of Australians worry about becoming homeless

Homelessness in Australia is reaching such a crisis point that 42% of Australians now worry they could become homeless if their circumstances change, according to new research.  The national housing campaign Everybody’s Home’s report also shows that 1 in 3 of Australians now know someone who has experienced homelessness. Key points from poll: 33% of Australians know…

The professions most likely to go bankrupt
0

The professions most likely to go bankrupt

Why do people go bankrupt? And which professions are more likely to bankrupt. It may not be who you think… One of the largest registered bankruptcy Trustees in Australia, Aravanis has mined its data across 2017 and discovered that those with the following professions were more likely to go bankrupt than any other profession*: Managers (Sales, Marketing, PR,…

The elements of community that drive property prices
0

The elements of community that drive property prices

Now, more than ever, people are time poor and, as buyers, prioritise convenience, lifestyle and amenities as part of their real estate requirements.  Time and again we are seeing previously affordable suburbs skyrocket in median property prices and, while proximity to the city remains a strong draw card, home buyers and investors are regularly buying properties based…

See How Your Take Home Pay Compares to Workers Around the World
0

See How Your Take Home Pay Compares to Workers Around the World

We all seem to complain about paying tax. Have you ever wondered how your own situation, your take home pay after tax,  compares  to workers in other parts of the world? Well you’re about to find out…  The Organization for Economic Co-operation and Development (OECD) tracks both the average wage earnings and taxation figures for each of its…

Credit card usage doubles in ten years
0

Credit card usage doubles in ten years

How much do you spend on your credit card? If you’re like me it’s probably the way you pay for many of your transactions. Recently stats from the  Reserve Bank of Australia confirm Australians are relying on credit cards for spending more than ever. Now there’s nothing wrong with this as long as you use…

Melbourne's apartments — quality vs. rentability
0

Melbourne’s apartments — quality vs. rentability

Be careful when buying an apartment in Melbourne.  Melbourne has to house almost 100,000 new residents each year, and with housing affordability top of mind in Australia’s largest cities, we have seen an influx of apartment developments rising up in place of traditional housing. While investors remain interested in reasonably priced property and low vacancy rates,…

Melbourne’s top performing public schools force local property price growth
0

Melbourne’s top performing public schools force local property price growth

How much of a premium would you be prepared to pay to live in a school zone? Melbourne school catchment zones can add instant appeal to your property and clearly some people are prepared to pay a lot according to REIV data showing that homes located within the  catchment area for some of Melbourne’s best public…

New ways to pay off your credit card and get cheaper interest rates
0

New ways to pay off your credit card and get cheaper interest rates

We all know we should rack up credit card debt. We know we should pay more than the minimum monthly repayments otherwise we’ll always remain in debt. No there are a number of new services to help you structure your credit card repayments including Afterpay which lets you buy what you want today and repay…