If there’s one thing property investors learn over time, it’s that no two cycles are ever the same. The past decade has reminded us of this lesson again and again. Since 2015, Australia has been through three major interest rate cutting cycles. Each of these has played out very differently, with entirely different market segments…
Who will buy my property? That’s the question you should be asking yourself if you want to create longer-term wealth through property investing. Sure, property markets in many parts of Australia are booming, but this too shall pass. Although growth will continue for the next few years, all property upturns set the stage for the…
They say hindsight is 20:20 – and that is certainly true when it comes to property investing. Most of us start out without much knowledge behind us and only realise we are making mistakes when it’s too late to do much about them. Here’s a list of seven things I wish I’d known when I…
In property investing circles it’s often said that you make the money on the deal when you buy. Most people think this means that if you buy a property “under market value”, then it’s considered that you made a profit on to the way into the deal, keeping you one step ahead of the game. Now…
If you’re a first-time home-buyer or property investor, you might not have come across the term ‘conveyancing’ before. Likewise, terms such as unconditional, settlement, and ‘cooling-off’ period are also terms you may not be overly familiar with. And even if you’re a seasoned property investor, you would have employed a conveyancer or solicitor to assist…
It’s been a solid six months of gains in Australia’s housing market, and July was no exception, with values climbing 0.6% nationally, according to the Cotality Home Value Index for July. But zooming in on Sydney, Melbourne and Brisbane reveals some sharp contrasts in the pace, and sentiment, of growth. Sydney continues to move steadily,…
There’s a lot of noise about property investment at the moment. No surprises here, really. The recent federal election results, the chronic tightness in Australia’s rental market, and the looming spectre of changes to property taxation from the Labor government (with the Greens cheering them on and a weak opposition offering little resistance) have turned…
As we move through the cooler months, Australia’s rental market is showing signs of seasonal rebalancing – but don’t mistake that for relief. In Sydney, Melbourne and Brisbane, vacancy rates remain tight, and asking rents continue to edge upward, albeit at a slower pace. Sydney’s vacancy rate nudged up to 1.6% in June, according to…
Home prices reached a record high, rising 0.3% in July and 4.9% in the past year, according to Proptrack. Australia’s median home price hit a new record high in July, but the pace of growth slowed over the month. The median price of a house is now sitting at $915,000 nationally, with the median unit…
While achieving financial freedom through property investing is very achievable for most Australians, it’s also quite an overwhelming task. You see, unlike buying a property to live in, the main reason for buying an investment property is to make money — to help you build a long-term “cash machine.” And the better you can nail…