In fact, is now a good time to get into the Sydney housing market? Australia’s house prices have reached or are close to record highs, with Sydney leading the pack as the nation’s most expensive city. Sydney’s property market continues to fetch impressive prices, particularly in some of the best investment suburbs in Sydney. CoreLogic…
Let’s talk about some positive things you can do at present rather than worrying about COVID-19. So let me ask you….would you like some success tips? If so, why not ask successful people what they wished they’d been told when they were younger? That’s exactly what I did with these successful property professionals and here’s…
The Reserve Bank is responsible for maintaining monetary policy that encourages economic growth and low unemployment while keeping inflation under control. The RBA uses interest rates to keep these three economic indicators in balance, so in which direction will the RBA move interest rates? Despite all the current focus on inflation, if unemployment rises and…
Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
Buying a house is one of the most significant financial decisions you’ll make in your lifetime, and it’s a decision that should involve lots of research and planning to ensure you’re making the best decision. To help you navigate the process, I’ve put together a 10-step guide. From setting your budget to gathering your team,…
While achieving financial freedom through property investing is very achievable for most Australians, it’s also quite an overwhelming task. You see, unlike buying a property to live in, the main reason for buying an investment property is to make money — to help you build a long-term “cash machine.” And the better you can nail…
Each year the ABS releases population estimates of the overseas-born population in Australia. It provides more timely insights into the composition of this population in between Census years. Data from the Census is combined with more recent administrative data (Medicare, Dept of Home Affairs) to produce estimates for Australia, states and territories. Australia is currently…
Did you know that there are some one million unoccupied private dwellings across Australia? Yes – that’s what the latest Census tells us. This equates to about 10% of Australia’s private residences. What does an unoccupied dwelling mean? According to the ABS, an unoccupied private dwelling is: a vacant one at the time of the…
Have you ever thought of doing up an old property to on-sell and make a quick profit? Of course, this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”. But can you really flip houses for a living? If you’re after a quick buck I’m…
Typically, you need a budget of circa $1.5 million to purchase an investment-grade house (investment property) in Melbourne, less in Brisbane, and a lot more than $1.5 million in Sydney. Of course, not everyone can afford this budget, so I wanted to discuss how to buy the highest quality property possible within your budget. This…
