Kate Forbes is a National Director Property Strategy at Metropole. She has 15 years of investment experience in financial markets in two continents, is qualified in multiple disciplines and is also a chartered financial analyst (CFA).
Visit www.MelbourneBuyersAgent.com.au
There is a saying that statistics can tell you anything you want them too because our own biases will impact the way that we interpret them. Now that doesn’t mean that statistics are therefore meaningless. Rather, property statistics can help educate investors about what markets are doing at specific points in time. And that is…
Westpac Bank seems to have given the market a scare by raising interest rates this week. Westpac will increase its variable mortgage rates to in its words “counter rising funding costs that are threatening the bank’s profit margins.” The bank said all variable mortgage rates will rise by 0.14% from September 19. The increase will…
Whether it’s the home you live in or an investment property; selling a house is a substantial transaction that is worth hundreds of thousands of dollars. Mistakes and oversights can cost you a lot of time and money, so you might be surprised to know that there are some all-too-common – and disastrously costly –…
Single women, and in particular single mothers, have cited poor financial knowledge as the biggest barrier to recovering from financial setbacks and challenges according to new research. A Galaxy Research survey conducted on behalf of State Custodians Home Loans, quizzed 1,005 people nationwide on how financial difficulties would be handled following a stressful life event…
After a 7 year run as the world’s most liveable city Melbourne has been dislodged by Vienna at the top of the Economist Intelligence Unit’s global liveability index. This ends a record seven consecutive years with Melbourne being in the #1 spot – but number 2 isn’t rally bad, especially when you consider Melbourne and the Austrian…
Australia’s population is set to reach 25 million, at around 11pm on Tuesday 7th August, twenty four years earlier than expected. It was previously predicted in the 2002 Intergenerational Report that we’d reach this milestone in 2042, but we’ve managed to out do ourselves and get there 24 years earlier. How We Know When We Will Hit…
Over the past few years, FOMO (fear of missing out) drove prices in Sydney and Melbourne up, with investors scrambling to out-bid one another and a sense of urgency drove split-second decision-making. However, as are markets have slowed down, the opposite is happening. Clearance rates are slipping, price growth has stalled, and these conditions have…
One in five Aussies believe will never be able to afford their own home and will be stuck renting for life. Clearly housing affordability remains a high hurdle for many Australian household as research released by finder.com.au found that 3.6 million renters believe they may be renting for the rest of their life”. The survey…
Australians are losing about $1 million a week to investment scams according to Scamwatch by the ACCC This represents an average month on month increase in losses of 117 per cent compared to last year. Interestingly, men (63.5% of scam reports) are twice as likely as women (33.8% of scam reports) to be targeted by…
Making a profit renovating a property seems like a very attractive proposition. Buy low, renovate cheap, and add substantial value is the aim of the game. It sounds simple enough, right? While there is always strong demand for renovated properties – as there are always people wanting to move into a property that has been…
Copyright © Michael Yardney's Property Investment Update | Important Information
