Whether you have one or two investment properties or a big and complex portfolio, the fact is, you’ve gone into the property game with a clear goal in mind: to make money. Sometimes, for a range of reasons, you may make the decision to sell one of your investment properties. When it comes time to…
The great Australian dream of home ownership is still alive and well, even among the emerging generations. However, analysis of the largest 7 capital cities in Australia shows a clear trend of both house and unit prices growing faster than incomes over the last four decades. House prices grow faster than wages From 1981 to 2021, the…
We’re in a hot property market at present, with more buyers looking to buy good properties than there are dwellings on the market, and selling agents are being overwhelmed with buyer demand, so how do you get a real estate agent on your side? Remember, the real estate agent works for the seller, and they’re…
The challenging conditions of the current property market have many first-time investors concerned. They don’t want to make a mistake – they realise that jumping in before they are ready could be costly. Do you want to avoid the common mistakes homebuyers make? Well…here’s a list of some of the common things I hear from…
Okay, so you’ve decided that you’re tired of living in your rental property or with mum and dad. You now want to become one of the millions of Australians who own their own home. So now what do you do? Here are 12 basic steps: 1. Check out your financial position First, you need to…
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? With property…
Buying a property can be nerve-wracking, especially for first-timers. Besides taking on the biggest financial commitment in your life, there’s the actual mechanics of buying the property. Most of the time in life, if we want to buy something, we just buy it, don’t we? We don’t really need to negotiate on price (well, except…
When selling our home we all want the best price possible, while the buyer is usually after the best deal they can get. However, in the end, most houses sell for what I would call fair market value — the price a willing buyer will pay, and a keen seller will accept, given that neither…
When I bought my first house, I bawled my eyes out, but it wasn’t because I was overjoyed, and it wasn’t because I was terrified to be taking on a big mortgage. Both of those things were true. But I cried for another reason entirely. Stamp duty. No one had warned me about stamp duty….
Beachside towns in New South Wales and Victoria have seen house prices drop by up to $108,000 in the past year as lockdown-driven demand slows down, according to a recent article from View. Coastal areas in Victoria’s Gippsland and Warrnambool regions have experienced the steepest falls in Australia since May last year. Suburbs such as…