The Australian economy came close to a standstill in the first three months of this year. March-quarter economic growth sank to just 0.1%, meaning that, when adjusted for inflation, there was hardly any more income, spending or production than the quarter before. Treasurer Jim Chalmers said the figures “laid bare” the weakness of the Australian…
The fresh smell, the clean slate, the low maintenance, and the primal need to be the first to mark your territory: are just some of the reasons why buying a brand new house or unit is enticing. However, that doesn’t mean it is a smart decision. The truth is, there are no ifs or buts…
As a seasoned property investor, I’ve witnessed firsthand the intricate dance of the property markets. Over the years I’ve come to appreciate that property investing is a complex affair and despite all the podcasts, blogs, webinars and so-called “advisors” the fact is that most investors fail to achieve the financial freedom they are looking for….
You might be surprised to learn that wrangling a couple of little monsters and working in real estate have an awful lot in common. With their unique set of experience and skills, it’s no wonder real estate agents make fantastic parents! And it’s not just because they’ll be able to help their kids get into…
If you ask me, one of the many overused words in property is “bargain.” For novice home buyers and investors, sure, price is important. However, what they don’t recognise are the inherent risks of buying a secondary property. With our property market moving forward around Australia, many buyers are looking to find that rare bargain….
The Housing Industry Association has called on the Australian Government to increase the number of skilled workers from overseas in order to achieve the National Housing Accord’s goal of building 1.2 million new homes, but this will only result in a “Catch 22” issue. The catch is that a policy that encourages larger numbers of…
I’ve met so many investors who are fixated on rental yields – but for me, capital growth is always the number one thing to look out for when buying an investment property. Building wealth through real estate is best achieved by buying quality investment-grade properties and holding them for the long term, allowing the market to…
Today the 7.6 million Millennials in Australia are the largest demographic force. As a generation, they outnumber Gen Z and Gen X by about a million people. They outnumber the large Baby-Boomer generation by about two million people now. There’s no other generation that will have such a huge impact on the 2020s as the…
When you buy a property you receive a Certificate of Title, which is a paper copy of an entry in the online register. If you have a mortgage, the bank holds the Certificate of Title until your loan is repaid. A mortgage grants an interest in the real estate to the lender. Once it’s paid…
The statistics say it all-around 92% of Australians who invest in property never make it past their first or second investment. This is in spite of the fact that one property will never make you rich…it will never even make for a comfortable retirement when you consider that this stage of your life could represent…