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
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…
While some very fortunate parents may be in the position to buy their children a house outright, this is certainly the exception and not the rule. And, yet, all parents are likely to cast a cautious eye over property headlines as they ponder… How will my children ever afford to buy a home? Particularly in…
Home lending is on the improve according to data released by the Australian Bureau of Statistics (ABS) this week. The number of approvals rose by a seasonally adjusted 1.1 per cent in May from April, showing the first improvement in six months. The value of owner occupier financing drove the increase, offsetting another modest decline in…
Many first-time investors stay just that way — one-time-only buyers, who never progress beyond having that one solo property in their portfolio. This happens for several reasons. An underperforming property, lack of funds to purchase again, and — worst of all — apathy or losing sight of your ‘big picture’ goals are some of the most common ones…
Do you know your credit score? A credit score is a number that is calculated based on the information in your credit report, which helps credit providers (including banks) know how responsible you are to lend to. It’s a number that is between 0 and 1200, where a higher number means you are more likely…
If you’re keen to take the plunge and invest in real estate, you have just one thing standing in your way of success: selecting the right property asset. Perhaps surprisingly, it’s not as easy as you’d think! Now the truly tricky part begins, because choosing a high performing investment property isn’t quite as straightforward as searching…
The RBA hasn’t moved official interest rates since August 2016. And it is unlikely that the RBA will raise official interest rates in the next year, but that hasn’t stopped lenders hiking rates out-of-cycle. This week Australia’s fifth largest home loan lender ING has hiked interest rates for existing customers by ten basis points (0.1%.) ING…
Investors are constantly on the look-out for great ideas. They may not be new ideas, they could simply be a new take on an old format, but a good idea is what makes business go around. Not money, but good ideas. Unfortunately, some ideas that seemed like good ideas at first turn out to be…
It’s interesting how the property headlines have changed. Last year all you would read is how property prices were rising and how unaffordable property was, particularly in our big capital cities. Today you read about auctions passing in, clearance rates dropping, vendors taking their properties off the market and how prices are plummeting around Australia….
What does a million dollars buy you in Melbourne today? Today one in three Melbourne suburbs have a median house price of at least $1 million, with 90 per cent of suburbs within 10km of the CBD have a million-dollar median house price and almost 50 per cent of suburbs in the middle ring also…
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