There is an old newsroom saying: if it bleeds, it leads. And of late, housing increasingly seems to qualify. The Weekend Australian has weighed into the Gold Coast housing market, reporting prices as “falling at a rate of knots” and discussing the prospect of substantially lower values. The underlying evidence includes asking-price data showing Gold…
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…
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…
In this episode I speak with Scott Chapman, Managing Director of Opteon, about the signals shaping Australia’s property markets. We examine how the current downturn compares with previous cycles and why Sydney and Melbourne are experiencing different conditions from other markets. We explore how interest rates, lending restrictions, buyer sentiment, open-home attendance and auction results…
From 1 October, Australians will notice a welcome change when they tap their card at the checkout. Merchants will no longer be able to add a surcharge to debit or credit card payments, potentially saving consumers around $1.6 billion a year, according to the Reserve Bank of Australia. Considering Australians made $475 billion in credit…
In the world of investing, there’s no shortage of noise. Everyone from the new band of “property experts” on the internet to your neighbours has an opinion on where the market is heading, where the next big opportunity lies or when the market will crash. But if you’re serious about building lasting wealth through property,…
A year from now, most investors won’t remember the exact percentages in the new capital gains tax rules. What they will remember is whether they kept building wealth while everyone else got distracted by the headlines. Because right now, that’s exactly what’s happening. Property investors up and down the country are fixated on one question….
