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Everyone would say Yes to a potential $50,000 profit right? Well maybe just about everyone but me! Let me paint the picture: On a recent post on Social Media someone was asking; “Would you consider buying in a low socio-economic location if the numbers looked good?” Not really enough information here, but I held firm…
![Brisbane Housing Market Update [video] | August 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/10/brisbane3-270x200.jpg "Here’s why you won’t recognise Brisbane in 5 years’ time")
The Brisbane housing market recorded a 0.2% rise in values over the month of July, which was the first month-on-month increase in values since November last year. CoreLogic has released their newest housing market update for August 2019. Brisbane’s downturn has been quite shallow, with local values only 2.9% below their peak. The market…
While politicians ignore calls to raise Newstart, alarming levels of financial stress among private renters, particularly in low-rent outer suburbs, show why current welfare payments are too low, writes … In low-rent outer suburbs, almost one in six households could not afford to keep their house cool and went without meals. ChameleonsEye/Shutterstock Alan Morris, University…
You’ve probably seen scenes like it on a late-night police reality show. Officers storm into a property and uncover marijuana plants, hydroponic lighting set-ups and a cache of guns and cash. But what if you had to do a double-take when you realised that front door they just broke down belonged to your very own…
![Sydney Housing Market Update [video] | August 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/02/sydney-270x200.jpg "Sydney Housing Market Update [video] | February 2019")
In Sydney, housing values ticked slightly higher for the second consecutive month, providing further confirmation that the market has commenced what is likely to be a gradual recovery after values fell almost 15% from their July 2017 peak. CoreLogic has released their newest housing market update for August 2019. The unit sector is showing…
When you are looking at potential investment properties, it can be difficult to be objective. Real estate is such an emotional asset class — far more so than investments like shares — and, all too often, buyers lead with their heart. Instead, a better strategy is to try to approach it like a property valuer, with more…
Good news… before applying for your home or investment loan, you may no longer have to scrimp on beans and rice. In breaking news for home loan industry yesterday, the Federal Court dismissed allegations against Westpac that it breached responsible lending laws more than 250,000 times between 2011 to 2015. In 2017, the corporate regulator…
![Melbourne Housing Market Update [video] | August 2019](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/melbourne-270x200.jpg "Melbourne Housing Market Update | April 2019 [video]")
Melbourne dwelling values have shown a slight rise over the past two months, up 0.2% in June and 0.3% higher in July. CoreLogic has released their newest housing market update for August 2019. The subtle rise in values comes after an 11.1% decline between the market peak and what seems to be the trough…
One of the major changes in the property investment industry over the past two decades has been the rise and rise of publicly available statistics. Pre-2000, there was generally very little data available to property investors to help guide their decision-making. Today, of course, you have expert blogs and magazines, as well as a plethora…
Many of our major property markets have been improving recently courtesy of a confluence of positive factors. Over the course of a few short months, we’ve had the uncertainty of a Federal Election over and done with, a move back to a more reasonable lending environment as well as two cash rate cuts in as…
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