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…
Did you ever dream of ditching your job to sit on an island somewhere else in the world? Who hasn’t right? I know I have been guilty in my early years of sitting in a job I did not enjoy, while dreaming of sitting on a beach somewhere. If only, there was a way? Like…
The resilience of real estate was proven yet again as property prices rose over the year. And now all the forecasts for 2021 seem very positive. But what can we learn from how our property markets emerged from previous economic downturns? Looking back you’ll find that median house price growth was very strong as you’ll…
Are you considering taking the plunge and buying an investment property, but don’t know where to start? Many people are doing exactly this as a number of major headwinds start to fade and become a distant memory. With the election behind us, changes to Negative Gearing off the table and interest rates at record lows,…
Fraudsters are targeting Christmas bargain-hunters who have switched to online shopping amid coronavirus, according to Finder. Online shopping fraud has more than doubled in the past 12 months, putting well-meaning Christmas shoppers at risk. Figures from the Australian Competition and Consumer Commission show online shopping fraud is up 111% in October 2020, compared to October…
The Reserve Bank has just released its latest credit and charge card data, revealing Australians have knocked $7.68 billion off personal credit card debt accruing interest this year. Over the same period, businesses have cut $401.7 million from credit card debt accruing interest. This brings the total reduction in credit card debt accruing interest for…
