It’s a question that many property investors ask me: should I buy a new property or an established one? It’s obviously on the minds of lots of investors so it’s time we revisited this issue in a bit of detail. On the surface, it makes sense to buy a new property. Buyers like new things…
Articles by George Raptis
George is a Director of Metropole Property Strategists in Sydney. He shares his 27 years of experience in the property industry as a licensed estate agent and active property investor to help create wealth for his clients.
Visit www.SydneyBuyersAgent.com.au
With ever shrinking household sizes, a rapidly expanding population, an ongoing critical housing shortage and affordability issues all plaguing Australian property markets, there’s no denying that we require more accommodation and quickly. Not just any type of accommodation will do however. With more young people opting to live in our inner cities and state governments…
There’s no two ways about it: negotiations can become contentious and complex transactions relatively easily, because there are two major factors at play. Firstly, there’s the emotional aspect. Often, sellers are emotionally attached to their homes and that can lead to all sorts of difficult experiences and tricky situations, if they feel their property is…
Researching a suburb before you buy a property is clearly important. However, keeping up the research after the fact is a task that’s a little harder to maintain. But if you don’t know what’s happening in the neighbourhood, how will you know the best course of action for your property? While clearly investment is about long-term capital…
If you want a sure-fire way to succeed at negotiations – whether it’s with your partner over who takes out the bins or for your next property investment purchase, then look no further. Here’s 7 timeless quotes to help you out: 1. Negotiating is essentially human way of interacting It is the way we…
The population of New South Wales will grow by 1.927 million people in twenty years, according to demographers id.com.au, making a state of 9.644 million people by 2036. As someone interested in property it’s important to understand the big picture demographic trends. And it’s even more important to understand these trends at a more localised…
When you purchase a residential property, whether as an investment or your own home, there are certain standard conditions included in the Contract of Sale. The ‘cooling off period’ is one such clause, which essentially gives you the ability to rescind on the contract without forfeiting your deposit, so long as you provide written notice…
As property investors it’s important to become a student of demographics and understand the type of property that will be in continual strong demand from both owner occupiers and tenants in the future. While Australians have traditionally loved the idea of a house and land in the suburbs – an idyllic retreat to raise a…
It’s the time of the year when forecasts are being made for our property markets in 2017. And just like this time last year, there are those who are suggesting Sydney property market is in for a correction. After all it’s been booming for almost 5 years and must be way above it’s intrinsic value….
Debt is bad – I don’t want to borrow! That’s what I heard someone say at friends BBQ last weekend. The conversation had turned to real estate and how hot the property markets are at present (as it usually does) and one of the group standing around said: “I’ve almost paid off my house – I…
