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…
As national house prices continue to climb, it seems that more Aussies not convinced that now is a good time to buy property. That’s the findings of Finder’s Consumer Sentiment Tracker (CST), the largest chronological consumer survey in Australia, which has now been running for 24 consecutive months. Home buying sentiment is low Surprisingly, Finder’s…
The Reserve Bank has released its March 2021 credit and charge card data, revealing Australians knocked $7.5 million off debt accruing interest on personal credit cards in March. The debt decrease comes off the back of an $18.4 million increase the month prior. Despite cardholders wiping $6.96 billion off personal credit card debt accruing interest…
Would you like to build your wealth faster by undertaking a property development? I know it is high on the wish list of many investors that I speak with. While there is a certainly greater risk, the rewards can be substantial and it has certainly fast-tracked my property portfolio, along with many of our clients….
Would you like to know what’s driving this property boom? To understand this in more detail, it is important to appreciate where the demand is coming from and what may be driving it? In past cycles, cheaper credit has seen investors get into the market in stronger numbers, driving up property prices. This has seen…
Australia is one of the most urbanised countries in the world with our main central business districts (CBDs) at the heart of economic, political, recreational, cultural and innovation activity. The influx of CBD-based workers, visitors and new residents, have been key in maintaining their role as centres for activity and employment. However, since COVID-19 there…
At some stage in our lives most of us will experience the various highs and lows that go hand in hand with homeownership. Undeniably today the biggest pressure associated with realising the dream of having a place to call our own, is keeping up with the mortgage repayments. For those who buy their home with…
