When it comes to investing in property for the first time, you may feel like you’re in over your head. Lacking disposable income and investment know-how, your chances of surviving the property market as you compete with cashed-up investors may seem slim. However, here’s 3 reasons I would suggest you consider investing from a young…
The Real Estate Institute of NSW (REINSW) has uncovered another underhanded plan by the NSW Government to charge property owners more, aiming to offset increasingly “unaffordable” insurance costs. Buried within the Budget’s explanatory notes is a reference to the NSW Revenue Legislation Amendment Bill 2024. This bill outlines the NSW Government’s strategy to shift the…
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024 showing improvement for the first time in three years, according to the latest data from the Real Estate Institute of Australia (REIA). But it’s really a tale of two cities. REIA President, Leanne Pilkington, highlighted that while housing affordability…
![What your “date’s” coffee order reveals about them [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/11/coffee-2538290_1920-270x200.jpg)
Whether it’s chai, iced mocha, or just a latte, apparently the drink your date picks says tons about your potential together. Is there really a strong correlation between drink preferences and personality or is this all just made up? Check out the infographic below, see what you think and leave us a comment. Source: www.match.com ALSO…
No matter what age or stage of life you’re in, it’s valuable to understand how much money is needed for retirement. Because when the time does come, we all want to ensure we have the opportunity to live the best life possible. Here’s a breakdown of the average retirement income in Australia, how much money…
When it comes to financial security, traditional advice often centres around paying off your home mortgage as quickly as possible. The peace of mind that comes with owning your home outright is undeniably appealing. However, this strategy might not always be the most effective way to grow your wealth. Instead, using the funds to invest…
Are you interested in investing in property, or are you already a property investor? What type of property investor are you? What I am referring to here is specifically the process you will undertake to invest in a property. While there are many people that invest in property, the way they choose to invest can…
What’s ahead for property in the new financial year? Well, Australian home prices are forecasted to rise again over the next 12 months, although the pace of house price growth is expected to be slower compared to the last 2 years, according to Domain’s FY 25 Price Forecast Report. However, there will be a marginal…
Governments are using private investors as scapegoats for a shocking underinvestment in social housing while raking in tens of billions of dollars in property taxes each year, according to the Property Investment Professionals of Australia (PIPA). Right now, about 175,000 households are on waiting lists for public or community housing across Australia, up by 20,000…
Queensland Treasurer Cameron Dick unveiled the 2024-25 Budget, a mixed bag of cost-of-living relief and new taxes targeting the property industry. One of the key highlights is the increase in transfer duty concession thresholds for first-home buyers. The ceiling has been raised from $500,000 to $700,000, with partial concessions available up to $800,000. This measure…
