Well…It’s happened again. After keeping interest rates the same for four months, the Reserve Bank hiked interest rates last week, ending a four month reprieve for mortgage holders amid renewed fears that inflation is not falling fast enough. This means rates ar at the highest level since November 2011. So what will this mean for…
Would you like to make money while you sleep? It’s the stuff that dreams are made of, isn’t it? If you think about it, most property investors buy and hold an appreciating asset over the long term. Sophisticated investors may even add value through a simple renovation or something more substantial like a development. However,…
Have you ever wondered what your financial thermostat is set for? Perhaps the thought has never crossed your mind? Let‘s look at it a different way… What is your Air Conditioner temperature set for? I know where we live in Brisbane it runs at a consistent and cool 23 degrees Celsius. If the kids leave…
We’ve all heard horror stories about intelligent, everyday Australians who have somehow been sucked into a real estate scam that stripped them of their hard-earned money. Who among us is not tempted by the thought of making a quick buck? Despite working hard for their money, many Australians feel stuck on the treadmill of money…
Australia’s population is growing rapidly, and recent data reveals that the record population increase in 2022 has continued into 2023. This growth is mainly due to an increase in net migration after our pandemic-related border closures. In other words, many people, and mainly students, are arriving in Australia and there isn’t the usual exodus of…
My property strategy is often classed as a long-term investor. Just to make things clear… my philosophy is to buy and seldom sell, rather than to buy and never sell. Why is that? Well, life has a funny way of bringing changes upon us and often there is not much we can do about it. Similarly,…
Do you have a spare bedroom? Well, you could be one of the many Australians who could be raking in hundreds of extra dollars each week by renting out their extra room, according to new research by Finder. According to data from Finder’s Consumer Sentiment Tracker, over a third of Australians (35%) – equivalent to…
What will your home be worth in two year’s time? Well, despite higher interest rates and existing affordability challenges, property prices in many parts of Australia could increase by over $100,000 in the next two years according to analysis by PropTrack data and KMPG property forecasts which indicate that much of our housing market is…
Australia has entered a new phase of the property cycle – the recovery phase, something that doesn’t happen very often. Markets have begun to shift and prices adjust at a time when many property owners are battling steep interest rate rises, high inflation, and low consumer sentiment. For example, the rising cost of living and…
Buying a home is a major life experience, filled with excitement, happiness, and pride. But sometimes it can also be fraught with stress and fear, consuming too much of your precious time, money, and energy, particularly without the right professional guidance. Choosing the right property for your family comes down to knowing what you need,…
