For years, Australian homeowners have enjoyed a substantial equity dividend as rising property values quietly built wealth in the background. While the headlines focused on interest rates, affordability pressures and predictions of a downturn, millions of homeowners benefited from holding property through several market cycles. Domain’s latest Profit and Loss Report suggests this run may…
Have you been wondering what’s ahead for interest rates, especially with the RBA meeting coming up next week? There’s been a lot of chatter lately from some high-profile commentators suggesting we’re “off the hook” when it comes to inflation. I don’t think that’s the case just yet, and when you look beyond the headline number,…
Australian home prices fell for the fourth straight month in July, with capital cities driving the decline, according to the latest Home Price Index from PropTrack. Data shows that the median price of an Australian home fell by 0.3% in July to reach $894,000. Houses were down 0.4% to $989,000, while units were down 0.2%…
Property investors have access to more information than ever before, yet many still begin their search in the wrong place. They scroll through listings, become attracted to a renovated kitchen or impressive photographs and then start looking for data that supports a decision they have emotionally made. Successful property selection works in the opposite direction….
If you think we are in a rental crisis now, hold onto your hat! The Australian property market is currently navigating a “perfect storm,” but it’s not the kind that clears the air. Instead, it’s a convergence of policy shifts, supply shortages, and economic pressures that threaten to fundamentally reshape the fabric of our society….
Are you looking for a sign to make sense of our crazy property markets? Australia’s property markets are sending mixed signals right now, and the only way to make sense of them is to break the data down into a series of indicators. Some tell us what has already happened, some tell us what’s happening…
Are you considering Commercial Property as a means to create wealth? It has been relatively untouched by the changes to the Federal Budget, and for some investors, commercial property has become the latest “must-have” investment. With stronger rental yields, tenants paying many of the outgoings, and growing media attention, it’s easy to understand why more…
Are you looking to buy a new property or considering purchasing an off the plan property? I know many investors are considering this since the recent federal budget, which leans heavily towards supporting brand-new property. There is also a seductive story being told about buying off the plan or brand new: no repairs, no defects,…
It may have been Socrates who said: “Smart people learn from everything and everyone. Average people learn from their experiences. Stupid people already have all the answers.” So, to get to the next level as a property investor, you will need to learn from everything and everyone. On the other hand, if you believe you…
Mistakes are part and parcel of life and I see them as opportunities to learn valuable lessons. However, when it comes to property investing, mistakes can prove to be very costly. So much so that they can often prevent investors from getting past owning one single property. I must admit it…in my early days of…
