Australians who have ever thought of renovating an old property and on-selling it to make a quick profit might soon face a whopping 47% tax. The idea, also known as ‘flipping’ has been made popular by TV reality shows like The Block is a popular but risky strategy with the goal of making improvements to…
Articles by Bryce Yardney
More and more sophisticated investors are considering commercial real estate as a viable investment strategy. They have usually built a substantial asset base and are now looking for more cash flow in their investments. Often, they buy smaller properties – such as a shop, strata office or perhaps an industrial warehouse – because the entry-level…
In this continuing series of articles, I’ll take readers on a step-by-step journey through the property development process. Once you understand the importance of securing a development site in the right location and you have the big picture firmly in mind, including your target market, it’s time to move from theory to practice. Finding the…
In the sixth instalment of my in-depth series on property development, I’ll explain how to source and secure the perfect site for your project in order to maximise potential profits. Securing the perfect property is critical for the success of any investment career. Acquiring a piece of real estate that ticks all of the right boxes…
If you’re interested in getting involved in property development, or even if you’re keen to do serious renovations, there is an important principle you must understand. It’s the basis of all feasibility studies and it’s called highest and best use. Just like smart businesses try and maximise the return on their assets, so should you…
Now that our property markets are on the move no Sunday morning is complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on with the housing markets especially in our in our 2 big capital…
In the fifth instalment of this series on property development, I’ll explain in detail how to secure funding for your real estate development project. Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all associated costs of the…
Chinese developers are increasingly downsizing or fleeing their Australian operations as China’s property crisis continues to intensify. Chinese property giants such as Country Garden, Evergrande, Poly, Greenland, Yuhu and Wanda burst into Australia’s property market two decades ago, investing billions into buying and developing high-profile property across the country. But as quickly as these developers…
It’s clear that Australia is suffering from a chronic property supply shortage, and with a focus on our rental crisis and high mortgage costs, the pipeline of residential construction will be more important than ever. The problem is, many viable solutions – such as the Government Housing Accord’s commitment to building 1.2 million new homes…
In the fourth instalment of my series on development, I’ll walk you through each step of the development journey. Becoming a property developer, even dabbling in the idea of development as an adjunct to a more passive property investment career, is not as simple as it seems. New builds require extensive legwork and preparation, and…