Be careful… a new wave of sub standard 1 bedroom apartments is set to catch some investors out. Whether or not property investors should consider adding a one bedroom apartment to their portfolio is not just a question of demographics and demand these days – in other words, whether a market exists for smaller properties…
Despite all the negative news in the press, there are many reasons not to worry about the future of the Melbourne real estate market. Today I’d like to share 5 things that you really should know about Melbourne property. Recently Dr. Andrew Wilson, Australia’s leading independent property economist, took the time to speak to many…
Apartment or houses? House or apartments? It’s the old argument – which make the best investments? Well…some data from the recent Census is swinging the pendulum to apartments, but before I discuss this let’s look at some basics: When you select your investment property you really have 3 variables Your Budget – this is usually set by…
Surely one of Australia’s most successful investors has snuck a holiday home (or even two) into his portfolio at some stage? It had never really crossed my mind, so I had never had the chance to ask Michael Yardney this question. It was only recently when we were sitting with a few of our clients…
We’re not taught much about money and finance at school are we? So when you start hunting down a loan for your new home or investment property you’ll probably come across some industry-speak and terms you’re not familiar with. So here’s a few you should know: 1. Interest only or Principle and interest When…
Australians are a wary bunch and that’s not a bad thing. As the Royal Commission into Banking has shown us, sometimes the so-called experts don’t have our best interests at heart. I spend a lot of time talking about the right and wrong investment decisions so readers like you can avoid making costly blunders. My…
As more and more of us move towards medium or high density living, it’s important to be aware of the issues that go along with living in an apartment or unit complex. When people live in such close quarters with others, there’s bound to be the odd disagreement, and the body corporate (also known as…
Everyone has times in their life when they need a bit of a helping hand and some good advice. Perhaps it’s some advice on which direction to head, or maybe you have two equally enticing options before you and you don’t know which path to take. It’s in these moments that we reach out to…
We’ve all heard that APRA’s restriction has caused the banks to tighten the screws and make it harder for many investors to get a new loan of refinance their existing loans. But the availability finance is the lifeblood of every property investor, giving them the means to leverage into real estate with other people’s money…
Alarm bells are ringing for those who bought an off the plan apartment a few years ago. Investment bank UBS warned that three in 10 new apartments sold off the plan in Sydney are now settling with a lower valuation than the original contract sale price. And it’s much the same in Melbourne. This comes…
