Many first-time investors stay just that way — one-time-only buyers, who never progress beyond having that one solo property in their portfolio. This happens for several reasons. An underperforming property, lack of funds to purchase again, and — worst of all — apathy or losing sight of your ‘big picture’ goals are some of the most common ones…
Australian employers embarked on a hiring spree over the three months to November as businesses in sectors hardest hit in the Covid recession scrambled to replace workers they let go through the pandemic . And that’s good for our economy and propertyJob vacancies surged at the end of last year and are now 11.9% above…
Australians went on a spending spree the month before Christmas, making purchases worth $58.31 billion according to the latest credit and debit card statistics released by the RBA today. In a month full of sales events, including Click Frenzy, Black Friday and Cyber Monday, credit card spending rose by 12 per cent from the previous…
Is it just me, or does there appear to be a rise in Spruikers around recently? They seem to be popping up everywhere, especially on most social media channels, where they seem to be thriving. They tend to be on amazing beaches with pretty women and fast cars offering incredible solutions to solve life’s common…
If you do not own a home by the time you are 45, you are unlikely to ever own one, according to a report from Swinburne University of Technology. The report which was published last year – Security in retirement: the impact of housing and key critical life events – has painted a grim picture of Australians’ housing…
A common misconception is that property investing is easy. In fact, many people falsely believe that they can buy any old piece of real estate, then sit back and watch their wealth grow. In reality, successful property investment requires a number of skills as well as the right education. Even when I started out investing…
House prices in some of Australia’s school catchment areas have soared by as much as 35% over the past 12 months. While our property markets have been generally subdued this year, the top 10 primary and top 10 secondary school catchment zones nationwide all reported house price growth of at least 25% year-on-year, a new…
How many properties do you need to retire? That’s one of the more common questions asked by most property investors While it may be a popular question, it is also an irrelevant one, as I am about to explain. Put simply, it is not about the number of assets or quantity, but it is about…
Property sentiment has rebounded sharply, reflecting both the lift in economic activity over the past few months, as well as stronger confidence in the outlook for next year. Commenting on the findings of the latest ANZ-Property Council Survey, ANZ Senior Economist, Felicity Emmett, comments: Falling mortgage interest rates and targeted stimulus are clearly helping to support…
Are you waiting for a sign that the property market has turned? Well, I have 5 for you. If you thing about it most investors, economists, pessimists or otherwise, are keen to tip the turn of the market. Especially when that turn is upwards! It is almost like they are waiting for a bell to…
