Landlords are soon to be banned from evicting NSW tenants without “reasonable grounds” In fact, landlords could be fined for making up a “non-genuine reason” for evicting a tenant under New South Wales laws to scrap no-grounds evictions. The NSW premier, Chris Minns, said his government aims to introduce legislation to end the practice in September, fulfilling…
Are you starting out in property investment or perhaps looking to expand your existing portfolio? What fee will you choose to pay? Hopefully none, I hear most people say. But be careful…in my mind there are 3 fees you could end up paying over the life of your property journey. While some are obvious and…
Today’s online real estate listings are much more sophisticated than in years gone by. There are plenty of pretty pictures, floor plans and even walk-through videos designed to attract oodles of potential buyers. But just because there are more visuals than there used to be, it doesn’t necessarily mean that the words that go with…
Today, I’ll look at Australian household types with emphasis on those Aussies living alone. One in ten Australians lives alone. However, the recently released Census shows that a quarter of our occupied dwellings typically hold just one person, but 90% of us live with someone else. Semantics? Maybe? So let’s look at the data… Number…
There is no doubt that first-time property investors are staking their claim on markets across the nation. In fact, many are choosing to rentvest and buy their first investment before they buy a home. The thing is, while there is more information available than ever before, far too many newbies continue to make simple mistakes,…
What is land tax? Who should pay for it? And can I reduce this major property cost which seems to eat into my rental income disproportionally? These questions are often asked by serious property investors who already have or are in the process of building a significant property portfolio. As is the case for most…
Have you wondered how many investment properties you would need to get the ultimate goal of financial freedom? I’ve found that while most property investors hope to one day replace their personal income with cash from their investment properties, most don’t have a strategy to achieve their goals. So, just how many properties does it…
In decades gone by, it was common for first-time buyers and all buyers to purchase a house in the suburbs. A lot has changed over the years, with units and townhouses now surging in popularity. Lower maintenance and superior positions closer to the city are key drivers for these buyers. According to the latest Census…
What Are the Next Suburbs Where House Prices Will Exceed $1 Million in 2025? First, let’s look at where the $1 million suburbs are right now and how they’ve been growing over the past decade. As of May 2024, there were 857 suburbs in Australia with a median house price of at least $1 million,…
Times are changing and we’re at the beginning of a new property cycle. Many of the housing markets around Australia have experienced consistent property growth over the last 7 months. But despite that, not all the property news all good and the many mixed messages in the media are causing some would-be investors to doubt…
