How much are your spending habits affecting you level of wealth? In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people he discovered that your habits dictate your circumstances in life. He discovered that daily habits dictate how successful or unsuccessful you will be in life. There are two groups of poor…
You heard me say it before – property investment is a game of finance with some houses thrown in the middle. But the rules of the game are changing in front of our eyes, so today I’d like to explain what’s going on with lending, so you have a better chance of the banks saying…
Buyers are flocking to a wide range of properties across the country — from standalone houses to duplexes and even blocks of land in suburban or lifestyle locations — as Australia’s property market continues to heat up. And many auctions are drawing in dozens of bidders all desperate to secure a piece of real estate….
We’re halfway through 2021 now so it’s a good time to reflect back on the year so far and then look forwards to what’s ahead. Property values across our capital cities have experienced double-digit growth already this year, in all capitals other than one. And despite the Covid concerns we’re experiencing, there’s plenty more growth…
When planning to invest in property, people tend to think about “where should I buy, what should I buy, how much can I afford?” But often they don’t think about “who should I ask for advice?” Since investing in property is a significant financial and personal decision, it’s really important to make wise decisions, and…
Australia’s property markets are booming, yet it’s more important than ever to make sure you’re making the right investment decisions. Maybe that’s why I’m continually being asked questions like: What’s the right property for this stage of the property cycle? Is this the right or wrong time to invest in property? Is it too late…
The value of new home lending has almost doubled since May last year. New home lending increased by 4.9% from the month prior and a whopping 95.4% or $15.90 billion from May 2020. While the value of owner-occupier lending only saw moderate month-on-month gains, investor lending has gone through the roof, up $1.07 billion from…
Aussies lost $851million lost to scams last year as the Covid Pandemic became a fraudster breeding ground. A new report has revealed Australians are falling victim to investment, payment redirection, and even romance scams. Scammers are posing as the Australian Tax Office, shoppers, and even tinder dates to get hold of your money, according to…
Our property markets are booming around Australia so it doesn’t surprise me that people are complaining housing is unaffordable. Only this week Corelogic reported that the strong growth in dwelling values was led by houses, which rose 15.6% over the last year, compared to a 6.8% lift in unit values. So is housing really unaffordable?…
The Australian housing market is going gangbusters and the signs are that the boom is here to stay for some time. But how do you profit from this current growth cycle? In today’s podcast, I discuss 6 property trends that you’re going to see – and hopefully take advantage of – in 2021. Then, in…