Do you know the difference between price and value? Well, you should… because the two principles are quite different and can make a big difference to your chances of achieving financial independence or freedom. Wise words from the “Oracle of Omaha” Warren Buffett is an American investor, industrialist, and philanthropist and is widely regarded as…
There’s a striking surge in property prices in select suburbs of Sydney and Melbourne, with some increases exceeding $240,000 over the short span of three months, recent data from CoreLogic reveals. This upward trend suggests a significant turning point, indicating a sustained housing market recovery in 2024. Sydney In Sydney, the suburb of Longueville stands…
In the dynamic world of Australian real estate, we’re witnessing a tale of two markets, according to industry veteran John McGrath. According to McGrath, the contrast is stark: thriving luxury suburbs versus a more cautious lower-end market, each responding differently to economic forces. Steady growth at the top McGrath, the Chief Executive of the real…
Tampering with negative gearing and capital gains tax concessions would cost the Federal Government up to $58 billion over just 10 years and gut the already-stretched rental market of supply, according to new research. After Anthony Albanese’s decision to break his election commitment to support in full the stage three tax cuts, despite repeated reassurances,…
A recent analysis by the e61 Institute and PropTrack has shed light on the significant impact of Queensland’s 2011 stamp duty hikes. The numbers are telling: a sharp 7.2% drop in home purchases for that year. This isn’t just about sales figures; it’s about people – with a 9% decrease in relocations (equating to 20,000…
I’ll get straight to the point… I believe the middle-ring suburbs of our big capital cities will be the best medium to long-term investment locations. Here’s my logic… The latest government forecasts suggest that Australia’s population will increase from 27 million to well over 30 million by 2031 And then reach 40 million people by…
Are you wanting to build a higher level of Wealth, but feel you are being held back? I know many people certainly feel that “if only” they were able to jump a pay grade and achieve a higher salary, it would be so much easier. In my experience, people seem to think that the most…
Do you understand the importance of gentrification as a property investor? It’s something that many investors overlook and as a result, they rely on the general market for their property’s capital appreciation. Warren Buffet is quoted as saying “You will never be truly wealthy until you find a way to make money in your sleep”….
You’re never too old for anything in this life. Well at least that’s my motto – but how do banks, lenders, and the property industry at large regard older investors? Many people come to me asking if they’re too old to invest in property, fearing they’ve missed the boat and will no longer have the…
The nation’s property market has fully recovered from the 2022 downturn, with combined capital house and unit prices ending 2023 at a new record according to Domain’s latest House Price Report December Quarter. This is the first time they have surpassed the previous records that were set in March 2022 for houses and December 2021…
