The property market is currently facing a challenging landscape with high interest rates and elevated dwelling prices, making it increasingly difficult for many to enter the market. With rising home loan rates, buyers’ borrowing power has diminished, leading to heightened demand and faster growth rates for more affordable properties. The latest PropTrack data confirms this…
There’s no doubt that good tenants are worth their weight in gold. So, it goes without saying that finding a property already occupied by a dependable, trustworthy tenant is something of a boon for property investors. Immediate rental income… no upfront agent fees… confidence in the reliability of the occupant… it’s an investor’s dream! If…
Starting a family is one of the most significant financial commitments you’ll ever make, especially in today’s climate where the cost of living continues to rise, causing many Australians to tighten their budgets. According to a July 2024 survey by Canstar Blue, which gathered insights from 2,356 Australian parents, the average monthly cost of raising…
Melbourne has long been one of Australia’s strongest property markets, standing tall alongside Sydney. This has been thanks to its robust job market, high migration from overseas and interstate, and its reputation as one of the world’s most livable cities. However, in recent years, home value growth in Melbourne has languished while other cities continue…
The Gold Coast Council has decided to add a new ‘tax’ via massive rate hikes on unit owners living on higher floors of apartment buildings. More than 12,000 high-rise apartments have been included in the revised rate categories. This move, labelled a “view tax” by advocacy groups, affects high-rise apartment owners residing on the 40th floor…
Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
Buying a house is one of the most significant financial decisions you’ll make in your lifetime, and it’s a decision that should involve lots of research and planning to ensure you’re making the best decision. To help you navigate the process, I’ve put together a 10-step guide. From setting your budget to gathering your team,…
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…
Australia’s property market has once again demonstrated its resilience and unparalleled potential for wealth creation, with the latest Domain Profit and Loss Report revealing that property sales have reached record-breaking profit levels. The report, which examines sales across the nation, shows that an impressive 96% of houses and 90.7% of units resold for a profit…
Are you starting out in property investment or perhaps looking to expand your existing portfolio? What fee will you choose to pay? Hopefully none, I hear most people say. But be careful…in my mind there are 3 fees you could end up paying over the life of your property journey. While some are obvious and…
