I sometimes get so engrossed in analysing ABS figures, like the nerdy CA that I am, that I forget that some blog readers are new to the idea of property as an investment. Let’s take a look today at 6 of the basic characteristics of a property as an investment and what causes prices to…
If you’re thinking of securing a new loan or refinancing an old one, then you’re in luck. Because recent policy changes by some lenders could make refinancing or securing a new loan easier, according to new insights from Canstar. The Reserve Bank’s decision to increase the cash rate for the twelfth time to reach a…
How much is your mortgage going to cost you? This calculator is a great starting point for anyone looking to take on a new loan. Let’s now look at some information on what a home loan calculator is, how it works and how it can help you determine which is the best home loan for…
As Australia continues to grapple with the challenges of skyrocketing residential rents, the question of whether rent controls could be a viable solution has arisen. Some proponents of rent controls point to the United States as an example, where cities like New York and San Francisco have implemented such measures. However, when we examine the…
Proportionately, Australia’s residential property market is worth around three times more to the Australian economy than to the US and UK economies. For most Australians their home will be the most important asset they own, and the single most desirable asset amongst those who are yet to step on the property ladder. However, the property…
Did you know that only 300,000 or so people own two investment properties in Australia? The number who own three or more falls dramatically from the figure. However, more and more people are taking charge of their financial futures by buying investment-grade real estate assets. Like so many things with wealth creation, though, there are…
Do you want to know where Australia’s richest people live? The latest data from the Australian Taxation Office (ATO) has revealed where Australia’s highest-paid professionals reside, with one unlikely city taking the crown as home to the country’s most affluent people thanks to a bumper income year: Perth. Here’s a breakdown of where Australia’s richest…
If you’re a property investor, watch out – the taxman is after you. You and all other property investors. This means Australian property investors should be on high alert as the Australian Taxation Office (ATO) implements innovative strategies and forms new alliances to recuperate an estimated $9 billion revenue deficit. They will use advanced technologies…
I was listening to Morgan Housel’s new podcast recently (which I highly recommend by the way), and he said something along the lines of “Once you define your investment philosophy, you won’t be distracted by any noise that doesn’t align with it.” It really resonated with me. Success with investing is more about avoiding mistakes…
Fostering a good relationship between all parties to a tenancy will allow everyone to get so much more out of the experience. It’s basic logic. Treat your tenants with respect; be considerate of the fact that your property investment is their home, and they will (hopefully) show you the same courtesy. Remember, these are the…
