Over the last few years the Sydney and Melbourne property markets have gone gangbusters. And while these markets have slowed down, there’s still growth to come. But in both of these markets, there are a number of properties I would still avoid at all costs. Why? Because it’s not just important to get the location…
Thinking of selling your property? Hoping to sell for the best possible price so you can fund your next purchase? Of course you are – which is why you need to do everything in your power to present the property in its best possible light. These six factors represent some of the common, yet routinely-overlooked,…
There are some substantial changes happening at some of Brisbane’s Hospitals that are boosting employment opportunities. I have already outlined a number of opportunities happening in the inner city of Brisbane that are set to boost jobs and click our economy up a gear. While there are 3 or 4 large Hospitals in Brisbane, the…
Do you know the difference between a successful investor and one who fails before they even begin? Here’s the trick: smart investors hope for the best but prepare for the worst. On the other hand, uneducated – or fly-by-night – investors buy any old property thinking it will always go up in value. But when…
Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Consumer Affairs Victoria has created a checklist to help you identify whether any of these issues will affect you. Here are some of the things…
What makes a property more valuable? Clearly one factor is that it appeals to a wide range of owner occupiers who will be willing to competitively bid to purchase that property. What makes a property an investment-grade property? Similarly, owner occupier appeal is one of the factors that makes a property what I call “investment…
While it’s true that property investing is a time-proven strategy for building wealth, it’s also true that too many people dive right in the real estate game with acquiring proper understanding or exercising caution. That might be okay when you’re buying a sofa or a pair of sneakers, but when you’re sinking your funds into…
It happened last time and it’s happening again now. In Victoria and NSW the introduction of First Home Owner concessions like stamp duty cuts is bringing young buyers back into the market. And this is good news as they’re taking over form investors, who are generally looking in the same price bracket, but are currently…
When the property market is running hot, as it has been in Sydney, Melbourne and Brisbane, a common trend that occurs is the ‘ripple effect’, where buyer demand and capital growth ‘ripples’ outwards from one suburb to the next. Simply, as prices increase beyond the reach of buyers in the suburb of their choice,…
Low-interest rates and robust rental demand mean many property portfolios have been in the black rather than the red over recent years. Historically rock bottom rates resulted in reduced mortgage repayments and a growing pool of very happy landlords. But times can and do change. And when they do, how well do you think your…