For years, auctions have been the preferred selling method in Australia’s largest property markets, particularly in Melbourne and Sydney. When buyer demand is strong, an auction can create urgency, competition and fear of missing out, encouraging emotional buyers to push the price beyond where a private negotiation may have ended. However, auctions rely on one…
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….
Adelaide has recorded its third consecutive monthly decline, with values falling 0.8% in August and 1.6% across the three winter months. For a market that spent much of the past two years as one of the country’s most consistent performers, three months of continuous falls marks a definitive change in direction. The scale of what…
Would you like a Cash Machine? Imagine flicking a switch in the morning and having it churn out money all day while you get on with the things you love doing. Building a cash machine gives you the freedom to take your hands off the wheel, live comfortably, and pass wealth on to the next…
Over the past two decades, I’ve advised hundreds of property investors at every stage of their wealth journey. Some were purchasing their first investment property, while others already had substantial portfolios and were seeking a clearer strategy to move to the next level. I’ve also worked with investors who owned several properties but found that…
Perth has now been falling for four consecutive months. August delivered a further 0.8% decline, leaving the market 3.2% below its April peak and taking $33,370 off the median dwelling value since the turn began. For a market that spent five years as the most spectacular performer in the country, that is a strange sentence…
Buying a property can be an exciting experience, and it is easy for emotions to take over when you find a home or investment that seems to tick all the right boxes. However, successful property investment should be approached differently from buying a home to live in because investors need to remain objective and make…
Sydney’s August result was the steepest single month of this entire correction. Home values fell 1.8%, extending a decline that has now run six consecutive months and pushing the market 7.1% below its February record high. Across the three winter months alone, Sydney shed 4.7%. But the figure that captures how complete this has become…
You’ve heard every stereotype going around about property investors. Some commentators paint us as reckless speculators piling into debt we can’t handle, while others imagine a nation of mum-and-dad battlers gambling their super on a rental property they barely understand. The truth, according to the most comprehensive dataset the Reserve Bank has ever had access…
