Have you ever considered that buying in a strong school catchment will increase the value of your home or investment property substantially faster? I know I have been speaking about it for many years! But being a numbers person to make my decision I had never see it put so clearly – in black and…
Despite many Australians saving more during the height of the pandemic in 2020, a worrying number don’t have an emergency savings fund to fall back on if something goes wrong. Alarmingly research by Finder, found 31% of Australians don’t have enough savings to cover even one month of living expenses. Just 1 in 3 have…
The ATO recently revealed the top 10 highest paying jobs in the country as well as how much “ordinary” Australians are earning. Interestingly the medical profession took out the top three spots. Surgeons earned an average of over $394,000 a year, followed by anesthetists bringing in $386,000 a year and internal medicine specialists earning $…
The proportion of landlords negatively gearing rental properties has fallen below 60 per cent for the first time on record, reflecting a decline in interest rates. Of course, negative gearing isn’t an investment strategy – it’s just a reflection of your funding and cash flow at a particular time. New data published by the Australian…
The reality is, the majority of Australians do not have enough superannuation for a comfortable retirement. And this means you could be forced to work for longer than you’d planned. This is a big problem for baby boomers in particular given the latest ABS data shows us there are nearly three million Australians over 50…
Sydney homeowners could earn more than double the average annual wage by the end of the year if economists’ house price predictions come true. Corelogic’s latest home value index showed Australia’s property boom continues to roll-on while housing values lifting another 2.2% in May alone. Home values grew stronger in May than they did in April…
Property buyers are facing rising mortgage costs with Commonwealth Bank (CBA) being the latest lender to hike its long-term fixed-interest rates. And there could be more home loan interest rate rises to come. Further hikes expected later this year suggest we could see a tide turning on Australia’s interest rates. While the Reserve Bank is…
Yes….you read that correctly. $200,000 in passive income from just one property. How is that possible? Well, allow me to explain. You see, in the property investment game, we are working with the fundamentals of leverage, compounding, and time. You buy a high-growth asset, hold and allow the long-term effects of compounding capital growth to…
As with any type of long-term wealth creation vehicle, real estate comes with its own set of cautionary tales about the potential hazards and pitfalls. Many things can go wrong and the risk is amplified if you leap in without first seeking professional advice and devising a sound strategy and investment plan. But does that…
If the key to success is about knowing when to hold ‘em and when to fold ‘em, how do you apply this to your property investment strategy? Sure perseverance, hard work, determination are are all admirable qualities. But when it comes to success in life – be it in your personal relationships, career, or even property…