Australians are delaying moving to new homes due to concerns about housing affordability, high stamp duty costs, fears of not earning enough from selling their current homes, and the uncertainty of finding better alternatives. This has led them to stay in homes that may not be the best fit for their needs. In fact, a…
I am sure you have seen the TV shows. So easy, to transform an entire house from top to bottom in less than an hour, while making thousands of dollars in the process! All you need is a top team of tradies, preferably someone in short shorts and a cute puppy dog. Before you know…
Household wealth rose for the third straight quarter. Yes, it is up 2.6 per cent ($379 billion) in the June quarter of 2023, according to the latest figures released by the Australian Bureau of Statistics (ABS). Dr Mish Tan, ABS head of finance statistics, said: “Household wealth has grown alongside increasing house prices this year….
The Spring selling season has arrived. Will this now bring good news for buyers who have been faced with limited options for much of this year? Well, according to PropTrack’s Senior Economist, Eleanor Creagh, the choice has improved significantly in the major capitals, with buyers benefiting from the rush of properties hitting the market. She…
Valuations are an essential aspect of the property investment game, with the potential to either help your portfolio prosper or stop it dead in its tracks. Financing a new purchase or restructuring or refinancing your existing debt are generally the main reasons for a property investor to have their assets valued. Because the result of…
When it comes to selling property, everyone wants the best price for the lowest possible expense. But how open to negotiation is your real estate agent likely to be? In this article, a group of experts reveal the pros and cons of haggling on costs and strategies to do it well. Picture this – you…
Whether you’re a first-time home buyer or property investor, our online calculator allows you to be aware of the costs involved in buying or selling a property before embarking on the lengthy and expensive process. In the meantime, I’ve put together all the information you might need on costs involved in buying and selling a…
Have you ever wondered what property goals the average investor is striving to achieve? And whether your goals are conservative or ambitious by comparison. Well, I’m going to give you a peek behind the scenes into the most common property goals I hear from beginning investors and real estate goals I hear from experienced investors….
As a property investor have you asked yourself, what is it you really want? I speak with hundreds of investors each year and their initial response is that they want a property. Perhaps it is their first property or possibly the next property to add to their portfolio. But that can be a very superficial…
It’s good news for Melbourne’s housing supply crisis as the number of properties listed for sale has surged over the past month, but high listings volumes also raise red flags for some areas. New CoreLogic data shows that sales activity in Melbourne picked up over August, cooling price growth. Listing volumes across the city far…
