Yet another Sydney off-the-plan development has been identified as shoddy – bringing the total number of new buildings with major defects to a staggering four in past 12 months. Off the plan Sugarcube-Honeycomb, Erskineville buyers have been locked out after fears the developer didn’t clean up the toxic land beneath the new complexes which were…
The next generation are changing society forever, they are driving change in a big way and it is all about them. Instant gratification is one way to explain it, but it all really comes down to convenience and it is gradually changing our lives and interestingly influencing our property markets. I was listening to Tom…
Are you considering buying a property in your Self Managed Superannuation Fund? It has become more and more popular over the last decade as people opt to take control of their financial future. I must firstly state that if you are considering exactly this, it is important to get advice from an appropriately licenced advisor…
WARNING: This may be a bold statement… I would ordinarily let it slide, but for the fact it came out of the mouth of Australia’s leading Property Professional. And I have always learnt, when Michael Yardney speaks, it is always worth a listen. You see he has a habit of being right on the money…
Not all property investors are successful. Some fall on hard times because they don’t research the market, some ignore good advice and make a serious error of judgment, while others listen to self-professed experts who don’t know what they are talking about and have very little experience. If you are looking for bad advice as…
There is no doubt that times sure are changing. This is especially true for baby boomers who are likely to live longer than they ever expected and possibly to struggle financially along the way, too. Not only are they likely to be around longer, they will probably not automatically retire at 65 either. Sometimes that…
When you’re buying a home, it can sometimes seem like you’re expected to learn a whole new language. Terms like “loan to value ratio”, “conditional approval” and “comparison rates” are bandied about on TV ads and in product disclosure statements – and if you don’t understand what they actually mean you could find yourself in…
Almost half of Australians are living from pay to pay. These figures from a recent Finder survey of 1,780 Australians reveal 46% – the equivalent of more than 5.9 million working Aussies – are unprepared to cope with a job loss, admitting they couldn’t survive financially for more than a month if they suddenly lost…
Do you know your credit score? A credit score is a number that is calculated based on the information in your credit report, which helps credit providers (including banks) know how responsible you are to lend to. It’s a number that is between 0 and 1200, where a higher number means you are more likely…
Everyone would say Yes to a potential $50,000 profit right? Well maybe just about everyone but me! Let me paint the picture: On a recent post on Social Media someone was asking; “Would you consider buying in a low socio-economic location if the numbers looked good?” Not really enough information here, but I held firm…
