Recently one of my nephews, who has suddenly taken an interest in the property, asked me: “You’ve been investing for a long time – If you could go back 40 or 50 years, what would you have liked to know then that would have made you do things differently?” Now that’s a great question, isn’t…
Australia’s rental vacancy rate has hit a historic low of close to zero. The latest estimate from SQM Research is 1.1%. The latest estimate from the property listing firm Domain is 0.7%. As would be expected with hardly any of Australia’s rental properties vacant and available for rent, rents have soared – at first in…
Some of the most attractive homes are hiding a stack of problems. That is the thing about property flaws: they’re hidden beneath the house, in the walls, or are simply hard to detect with the naked eye. You end up falling in love with the home, its attractive décor, and you buy it. Then six…
In a remarkable display of market strength, Australian homeowners in key capitals have witnessed their property equity soar by over $100,000 in just the past year. The PropTrack Home Price Index for March reveals a noteworthy trend: even with a surge in listings, property prices have not only held firm but reached new heights, underscoring…
Sophisticated investors understand their portfolios are the equivalent of income-producing businesses and wealth-creation vehicles. What I mean is they don’t adopt a set-and-forget attitude, and then naively hope that it all works out in their financial favor… someday! Rather, just like business owners, they make sure they have the necessary insurance in place to protect…
A key financial goal for most people is to eventually repay their home loan. Last year I outlined 3 questions you must ask yourself to determine whether repaying your home loan is your top priority – see here. The internet is filled with countless ideas on how to repay your home loan faster. However, many of…
I was motivated to write this blog for two main reasons. Firstly, I observed several buyers’ agents on social media proudly advertising short-term capital gains. One instance caught my attention, where a buyers’ agent claimed to have purchased a property for a client 18 months ago for $435,000, asserting its current value at $510,000, implying…
Deciding to sell a property, whether it’s an investment or your own home, is a big step. You might be planning to upsize, downsize, relocate, or let go of an investment; regardless of your motivations, selling your property comes with a lot of considerations. Choosing the right real estate agent is key in helping you…
Australia’s housing crisis has been a topic of intense discussion and concern over the last year. In an ambitious response, the Federal Government, along with the New South Wales and Victorian Governments, have set targets to deliver a substantial number of new dwellings over the next decade. But are these targets feasible considering Australia’s historical…
Properties in some Aussie suburbs are being snapped up at record rates as issues of scarce supply and high demand continue to strain the market. Recent Ray White data reveals that time on the market (how long it takes to sell a property) is still significantly higher in most cities across the country compared to…
