Holiday homes are typically located on the coast – in popular tourist destinations, in the country, or by many of Australia’s inland rivers and waterways. Owning a holiday home seems to be the ambition of many Australians, and in fact, one in every twelve households owns one (around 700,000 of them are owned by the…
Articles by Peter Boehm
Peter Boehm was the Finance Editor for Onthehouse.com.au. & has more than 30 years' experience in banking and financial services - Visit https://www.onthehouse.com.au/
I’m a big believer that property investment can be a worthwhile and rewarding experience. Financially, it can provide excellent longer-term returns through capital appreciation while the monthly rental income can help offset property holding costs. Personally, you can get a lot of satisfaction and comfort knowing that if you’ve invested wisely your property can provide…
There may come a time in your life when you have to (or choose to) relocate, whether it be for professional or personal reasons, and you are faced with the decision on what to do with your family home. Should you sell? Or should you retain it and rent it out? People are most often…
Unfortunately, not all properties sell the first time they’re listed for sale, even in a hot market. Those that do sell can go pretty quickly, while those that don’t can languish on the “for sale” register of selling agents for some time. Around 20% to 30% of properties fail to find a buyer. Whatever the…
When reading articles or listening to experts talk about residential property, you will come across terms likes “average” or “median” prices. These may seem like interchangeable terms, but they are in fact quite different and it’s important to understand this difference. So, what is the difference? The best way to explain the difference between average…
When it comes to buying a home or an investment property, it is vital that you conduct a thorough inspection before you sign on the dotted line – to ensure you don’t buy a lemon. Just because a property looks good on the outside, it could have serious defects that may not be immediately obvious…
In this series of articles we look at the 10 key problem areas to identify before you buy property. Over the last 2 days we’ve looked at: 1. Water Damage 2. Uneven Floors, Walls and Ceilings 3. Foundation Problems 4. Plumbing Issues This article looks at the next 3 areas: 5. Driveway and Paving Problems…
When it comes to buying a home or an investment property, it is vital that you conduct a thorough inspection before you sign on the dotted line – to ensure you don’t buy a lemon. Just because a property looks good on the outside, it could have serious defects that may not be immediately obvious…
When it comes to buying a home or an investment property, it is vital that you conduct a thorough inspection before you sign on the dotted line – to ensure you don’t buy a lemon. Just because a property looks good on the outside, it could have serious defects that may not be immediately obvious…
You’ve found the perfect location, and property values have shown good consistent growth over the years, but the property is old, rundown and in need of some serious modernising. So you ask yourself the question – is it better to renovate or detonate? This is the question facing more and more homeowners and home buyers,…