Australia’s house prices have experienced the steepest increase in almost 18 years surpassing record highs, with Sydney and Canberra taking the title as the cities enjoying the fastest quarterly acceleration on record. The Domain House Price Report for the March 2021 quarter reveals property affordability is being pushed further out of reach for many desperate…
Just because you’ve taken the leap from homeowner to property investor, doesn’t mean your financial fortune is assured. In fact, despite our strong property markets, it doesn’t even mean that you will start making a profit in the short term, or that you are on your way to owning a sizeable portfolio. The reality is…
Aspiring homeowners now need a six-figure deposit to purchase a property, according to staggering new research. According to Finder’s First Home Buyers Report 2021, which surveyed 1,028 first home buyers, 11% now require more than a decade to scrape a deposit together. This comes as ABS data from January 2021 shows that the average deposit…
You’ve heard the old saying: when it comes to land, they’re not making any more of it. Of course, that’s 100 per cent true. However, despite the vast size of our beautiful country, valuable land in metropolitan areas is still a scarce – and scarcity drives up value. So, as an investor, how can you…
Do you know why the coach is often the first one fired from an unsuccessful sporting team? It’s often because they were struggling to turn the team into champions, united as one to achieve sporting success. The same goes with much in life and especially in property investment today. You see, gone are the days…
Parents are lending, giving, or underwriting record amounts for deposits to help their adult children buy their first home, making the so-called Bank of Mum and Dad one of Australia’s biggest mortgage lenders. According to Finder’s First Home Buyers Report 2021, which surveyed 1,028 first home buyers, one in three (32%) rely on their parents for…
Are you looking to invest in property and take advantage of the new property cycle? Well…property has been quite a forgiving asset over the past few decades but moving forward there are many things that have changed. You cannot simply adopt a buy and hope strategy any longer. It all comes down to the way…
The grass always seems greener on the other side of the fence, doesn’t it? First home buyers are going to desperate lengths to afford a property – including purchasing interstate. According to Finder’s First Home Buyers Report 2021, which surveyed 1,028 first home buyers, 1 in 5 (20%) prospective homeowners are searching for their first…
With our property markets booming, the media is full of stories telling us how the Reserve Bank is going to raise interest rates or APRA is going to intervene to slow down our housing markets. On the other hand, the RBA has stated that it has no intention to raise the cash rate before 2024,…
Do you understand what your strategic advantage is as a property investor? More importantly, do you know how to use it to your advantage? By understanding more about your strategic advantage, it could dramatically change the way you plan to invest. Not only that, but it could also significantly fast track and enhance your results!…
