Do you want to buy an investment property but don’t have the cash in the bank for a deposit? The good news is, if you’re an existing homeowner, there is a way to have your cake AND eat it. And this is especially the case at a time when Australia’s recent property boom has seen…
I was recently asked to distil my property investment philosophy into a few simple rules. Now that’s a big ask… Distil all the mistakes I’ve made and seen others make, as well as all the lessons I’ve learned and those of the many successes investors I’ve worked with into a view of simple rules. Anyway…here’s…
Since the pandemic’s onset, finding a rental in Australia has become as challenging as snagging a seat at the AFL Grand Final. Rental availability has plunged by half, and rents in our capital cities have rocketed by a staggering 33% in just two years. Though the national vacancy rate nudged up slightly to 1.12% in…
There is currently a shortage of properties both for sale and for rent, and this is one of the reasons house prices of kept rising and rents have skyrocketed over the last few years. Sure the government has talked about building 1.2 million homes over the next five years, but remember they’re not going to…
CoreLogic’s national median rent value ticked up to $601 per week last month, equating to the median annual rent of $31,252 a year. CoreLogic median rent is based on a current estimate of rent income, describing what the median dwelling in Australia would rent for if you put it on the market at any given…
Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it. Why is change difficult for many of us? Because change makes us move out of our comfort zones. It takes courage to leave something familiar and try something new. One of the jobs of…
We all love our own neighbourhoods, right? We choose to rent or own homes in particular suburbs because it’s close to where we work, it may have an exciting entertainment scene, or perhaps it’s in the right school zone for our children. But does that mean that you should invest in your own backyard, too?…
The nation’s property market has fully recovered from the 2022 downturn, with combined capital house and unit prices ending 2023 at a new record according to Domain’s latest House Price Report December Quarter. This is the first time they have surpassed the previous records that were set in March 2022 for houses and December 2021…
If you’re thinking you can invest in cash flow to grow your wealth, I have news for you. While it never has been the case, especially in the current investment environment in 2024 , chasing cash flow might not be the most financially rewarding decision. Here’s why – and what you should do instead. What…
Like every other year, the commencement of this new year has ushered in a flurry of property market forecasts. Like clockwork, media outlets are abuzz with projections from economists and market commentators, all eager to share their predictions about the trajectory of property prices, rental trends, and the broader economic landscape for 2024. But before…
