When making any type of property purchase, it is very important to buy the property below its “Intrinsic Value.” I want to stress, that buying below a property’s Intrinsic Value is very different from buying below the Market Value of a property. Buying below Market Value Buying below “Market Value” has massive appeal for owner-occupiers…
Are you wondering what your serviceability is and how banks calculate it? Well…if you’ve been looking for a loan for your home or investment property, I’m sure you’d have come across the term “serviceability.” When taking out a loan, the amount your bank will lend you will depend on a few things. Along with your…
In recent weeks I have noticed something interesting when speaking with potential clients. More specifically those who are existing homeowners and perhaps have one or two investment properties. Their homes have performed strongly on most occasions, but in many cases, their investment properties have struggled and in some cases, fallen behind. It got me thinking,…
With all the talk about homes being unaffordable and with capital city property markets achieving record price growth, first-home buyers and indeed, first-time investors must save up a hefty deposit to get a foot on the property ladder. Many are finding it difficult – because there are a lot of sacrifices involved. Essentially, they must…
Over the past few years, the Australian property market has seen a pronounced disparity in price growth between houses and units. Historically, houses have always commanded higher prices and demonstrated superior value growth compared to units. Data from the last four years confirms this trend overwhelmingly. However, recent developments indicate that this gap may be…
In today’s fast-changing property market, one of the common questions I’m asked is “How much is that property really worth?” Obviously, that’s a good question – no property investor or homeowner wants to overpay. For products that are plentiful, transacted often, and largely the same as each other, determining market value is really easy. But…
The prospect of strong capital gains is luring investors back into the market, supported by strong rental price growth that maintains healthy rental yields. Australia is in the midst of a rental crisis, driven by a chronic shortage of available rental properties and strong rental demand from a rapidly growing population. According to Ms Eleanor…
When you’re on the hunt for a new property, there are so many things to consider – location, amenities, is there room for a man cave? What you might not have thought about, particularly if you don’t yet have school-aged kids, is the impact state school zoning can have on property prices. School zones refer…
Home prices have surged in recent years, mortgage rates have climbed, and household incomes haven’t kept pace. As a result, housing affordability has plummeted to its worst level in at least three decades. Despite a dire shortage of homes, the delivery of much-needed new homes has faced significant obstacles. Labour shortages, disrupted supply chains, and…
There’s nothing quite like buying your first home is there? I remember quite clearly when I became a property owner even though it was a long time ago now! I was proud of what I had achieved, however, in hindsight, I was buying with emotion rather than strategy. The thing is buying a home, rather…
