Sydney has once again cemented its status as a global leader in luxury real estate, with its prime rental market topping the charts for growth in 2024. This remarkable achievement places Sydney at the forefront of the world’s most coveted cities for high-end tenants, surpassing even heavyweights like New York, London, and Hong Kong. But…
There’s a good deal of misconception about building wealth through property. Along my journey, I’ve heard all sorts of reasons why people “just can’t” invest. The most common ones are: I don’t have enough money to buy property The market is too unreliable for property to be a safe investment any more. It takes several…
Property investors in Victoria will soon need to meet minimum heating and cooling standards under new proposed minimum standards. The state government has begun the consultation process to expand rental standards, which includes requirements for ceiling insulation, draught proofing, hot water efficiency and cooling necessities. The proposed changes to Victoria’s minimum rental standards were open…
The property market is currently facing a challenging landscape with high interest rates and elevated dwelling prices, making it increasingly difficult for many to enter the market. With rising home loan rates, buyers’ borrowing power has diminished, leading to heightened demand and faster growth rates for more affordable properties. The latest PropTrack data confirms this…
To find out the answer we undertook a study to help provide us with some guidelines and found that certain types of views added a different value to a property. Our work identified the different views available and then we looked at how much they can increase a dwelling’s value. Our investigation was also based…
There’s no doubt that good tenants are worth their weight in gold. So, it goes without saying that finding a property already occupied by a dependable, trustworthy tenant is something of a boon for property investors. Immediate rental income… no upfront agent fees… confidence in the reliability of the occupant… it’s an investor’s dream! If…
The Victorian government has granted local councils new powers to limit short-stay accommodation as it moves to introduce a 7.5% levy on properties listed on platforms like Airbnb and Stayz. The government has also granted local councils and owners’ corporations powers to ban or limit short-stay accommodation. The Victorian treasurer, Tim Pallas, said the reform…
Queensland has recently implemented new minimum rental standards that all property investors need to be aware of. These changes came into effect for new tenancies (including renewed tenancy agreements) on 1 September 2023 and will come into effect for all remaining tenancies from 1 September 2024. They are part of a broader rental law reform…
In the ever-evolving landscape of property investment, landlords are increasingly faced with a barrage of new challenges that can make owning investment properties feel more daunting than ever. Over the last few years, the government has implemented a series of legislative changes that have significantly altered the rules of the game for property investors. These…
What’s your financial time horizon? If you think about it, the average Australian has a very short financial time frame. Often they live week to week and wonder how they’re going to get through financially till the next pay packet. Then there are some Aussies who think about the months or the years ahead. But,…
