We would all do certain things differently if we had our time over again, wouldn’t we? But that doesn’t mean that we should live our lives with regret. What I mean is that, because we can’t go back in time to change decisions that we’ve made, there really is little point in dwelling on them,…
If you bought your home 20 years ago and didn’t check its value until today, you might be stunned. In all likelihood, you’d find it had doubled in value, then doubled in value again. It’s a classic case of the power of long-term focus—where the ups and downs of the housing markets, the peaks and…
If you are contemplating investing in property, should you buy now or wait? What if prices fall? Maybe you would be better off waiting? As my analysis below reveals, buying for less than market value or at the bottom of the market (i.e. buying well), has very little impact. The price we pay for a property…
I’m often asked what I would do differently if I could live my investing journey all over again. I’ve certainly made my fair share of mistakes along the way and paid huge “learning fees” because of them. However, instead of being defeated, I learned from each error and moved forward a little bit wiser. If…
Are you currently holding an inferior property in your portfolio? Many of our property markets have reached new peaks recently, and many investors have reaped the rewards. While that is certainly great news, it has potentially covered up many mistakes that investors could have made without even knowing. The old saying “A Rising Tide Lifts…
Have you finally found the perfect property but now have no idea how to take the next step? Don’t worry, like many buyers out there, you’re not alone! To help make things a little easier for you, in this article we get down to the nitty-gritty of making an offer and tell you exactly what…
Have you considered getting involved in property investment even though you’re still relatively young? Want to avoid the minefield that causes around 50% of those who get started in property investment to sell up? A number of years ago Finder.com.au interviewed me for my thoughts on this topic, and one of the things we discussed…
There are two major Australian housing demographic shapers over the next decade. These two next big waves are first home buyers and downsizers. Both these markets are looking for affordable housing outcomes and often, smaller homes with less maintenance. Smaller lots – especially those near high quality offsets like parks, cafes and views – are…
Australia is facing a housing affordability crisis like never before, with the latest data from the PropTrack Housing Affordability Report painting a stark picture of the challenges Australians face in buying a home. According to Paul Ryan, Senior Economist at PropTrack, affordability has now reached its worst level on record. This is not just a…
Low supply, strong demand and high interest rates mean that it is harder than ever for Australians to buy property in the current market. High property prices mean many buyers, particularly first-home buyers, need a six-figure deposit at a time when their borrowing capacity is at an all-time low. And even for investors, the low…
