Australia’s changes to negative gearing have been promoted as a way to give first-home buyers a better chance against investors. While some aspiring homeowners will benefit from less investor competition for established properties, particularly apartments and more affordable homes, the policy is being introduced into a rental market that is already seriously undersupplied, and that…
Buy, renovate and hold is one of my favourite property investment strategies. I enjoy taking a dwelling that’s been a bit neglected and breathing new life into it, making it into a home my tenants will love and want to care for more importantly, it’s a great way of manufacturing equity for my property investment…
Twenty years ago I wrote a book that I honestly thought would sell a few thousand copies to friends and colleagues. Instead, it became Australia’s best-selling property investment book, and it’s sat on the bookshelf of tens of thousands of investors who’ve gone on to build genuine wealth using the strategies inside it. Today we’re…
By almost every traditional measure, Australians should be happier than previous generations. We are wealthier. We live longer. Our homes are larger and more comfortable, and we have access to healthcare, technology, entertainment, education and travel that our grandparents could barely have imagined. We carry devices in our pockets that give us instant access to…
For most property investors, Capital Gains Tax is something they usually think about when they’re preparing to sell. But the coming changes to Australia’s CGT regime mean there is an important date investors should be thinking about well before their property ever goes on the market. From 1 July 2027, the current 50% CGT discount for…
Australia’s rental crisis has been building for years, but new figures suggest the pressure could become even worse. We already know Australia doesn’t have enough homes. Vacancy rates remain tight, rents have risen substantially and population growth continues to create new households requiring somewhere to live. Yet at precisely the time we need more rental…
Freshly baked cookies on the kitchen bench, a bowl of lemons and limes carefully positioned on the dining table, or even a bottle of champagne on the balcony to suggest a more luxurious lifestyle. These are just some of the techniques sellers and their agents use to present a property in its best possible light….
Australia’s migration boom is losing momentum, and that raises some important questions for our property markets. Migration has been a major driver of housing demand in recent years, particularly in our capital cities, where most new arrivals initially settle. However, the latest ABS figures confirm that the extraordinary post-pandemic surge is continuing to ease. At…
Most Australians know they need to save for retirement, but very few have worked out what their retirement will actually cost. They may have a superannuation target in mind, yet that figure often bears little relationship to the lifestyle they hope to enjoy once they stop working. After all, there is a big difference between…
The slingshot effect is about to occur and that it has the potential to deliver strong price growth in many areas where prices are falling right now. This is how it works. We all know that housing demand increases in line with population growth, but doesn’t translate into price growth during times of uncertainty or…
