Are you looking to buy a new home or investment property? Well, don’t make the same mistake many buyers do and overlook identifying hidden problems that you may overlook in your excitement. I remember reading a survey by St.George Bank a few years ago that showed the average Australian home buyer spends more than seven…
In property investing circles it’s often said that you make the money on the deal when you buy. Most people think this means that if you buy a property “under market value”, then it’s considered that you made a profit on to the way into the deal, keeping you one step ahead of the game. Now…
Did you know that 3.8 million people admit to thievery of everyday items? In fact, according to a new research from Finder, almost 1 in 5 (19%) Australians admitted to stealing staples in the past 12 months. Further, the research shows that 9% of Aussies have stolen items from the supermarket at the self-checkout, while…
Melbourne’s property market was hit hard by the city’s multiple and extended Covid-19 lockdowns throughout the height of the pandemic, but now buyers are back in force. The city’s 260-day lockdown and high property prices saw Melbournians flee our southern state in huge numbers, losing 4,864 people in the March quarter of 2021 alone. Prior…
Do you know what first home buyers are afraid of? In the latest research of Finder, it found out that first home buyers are just as terrified of bad neighbours as they are of not qualifying for a loan. In fact, from the 1,001 first home buyers surveyed in Australia, more than one-third of buyers…
The COVID-19 price boom is over for some of Australia’s most affluent suburbs as buyer demand wears off and price falls begin to pick up speed. Some of Australia’s most expensive coastal suburbs along east-coast Australia more than doubled national gains in property prices from the trough to the peak of the COVID-19 pandemic as…
What influenced Australians to no longer consider buying or building a home? According to Compare the Market’s latest research, 40.6% of Australians that were intending to build pre-COVID-19, one in ten have changed their mind and are no longer interested in pursuing a new home. The most common reason why people had given up their…
![Sydney is named as the fourth greenest city in the world [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2022/08/sydney-270x200.jpg)
Do you know which cities in the world have the greenest space? Well, Compare the Market’s latest research looked at 20 cities across the world with the largest percentage of public green space and found the greenspace per capita for each. And Sydney has been named the fourth greenest in the world! With 155.4m2 of…
No one wakes up one day and is instantly an expert in anything. It usually takes years of practice to perfect any endeavour or skill. This is one of the reasons why I struggle with the concept that property investing is seemingly “easy”. Sure, buying a property might seem relatively simple on a transactional basis,…
In the current evolving property market some of the best property investment opportunities are not found on the regular property portals. And they don’t have for sale signs out front. These particular properties are only available to certain people and, unfortunately, it’s not a case of what you know, but who you know. I’m talking…
