Not everyone is unhappy that house prices around Australia are falling. Savvy Millennials are looking to take advantage of falling house prices. A new survey by Finder shows 35% of Australians aged 34-38 believe they have something to gain from recent price drops: that’s 1.9 million Gen Ys buoyed by the prospect of a bargain….
The 1970s may have been known for flamboyant clothing but its architecture was somewhat less exciting. In fact, property from that time period could almost be described as quite “bland” – at least from the outside. Inside, of course, was a different story with the wallpaper often featuring paisley motifs and the floors festooned with…
Mortgages – even the word sounds a little scary, doesn’t it? But it doesn’t have to be, as long as you understand what mortgages are and what they are not. The thing is far too many investors chase the cheapest interest rates. But mortgages are much more than just their interest component. In fact, there…
To sabotage means to deliberately destroy, damage or obstruct something. No one wants to do that when it comes to their finances, do they? But the reality is that many people do without even realising it. How do they do that? For starters, they have too much bad debt when they’re applying to borrow good…
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…
