Clean water is a vital element for sustaining life and property value. Property owners understand that the water quality on their premises directly impacts health and daily living and the overall attractiveness and worth of their property. Ensuring access to clean and safe water is a critical concern, as it plays a significant role in…
2023 has been a year of paradoxes in the Australian property market. Defying predictions and economic indicators, house prices not only resisted the expected downturn but escalated to new heights. This phenomenon left many market observers puzzled, sparking a crucial question: How did property prices manage to climb amidst a backdrop of rising interest rates…
Have you considered investing with family members? As they say… Blood is thicker than water, but sadly, bad business can break families apart overnight. Co-investing with family is no exception. It has the power to thrive or the power to destroy – and the key is all in the foundation you start from. Common family…
It’s time that we all stopped talking about mortgage stress. It’s been a hot topic over the last year and a half, following a spate of interest rate hikes by the Reserve Bank propelling mortgage rates to heights unseen since late 2011. There’s no denying that some first-time homeowners who capitalized on record-low interest rates…
When the weather gets warmer and you start enjoying those longer, lazier days with summer coming up, it’s easy to get caught up in the romance of acquiring a holiday home. While there’s not necessarily anything wrong with owning a property intended more for vacation fun than financial gain, purchasing a holiday property is usually…
If you discover that your tenants have been cooking more than dinner in your rental property, it’s going to take more than a going over with some ‘spray and wipe’ to clean the premises. But is meth contamination covered by landlord insurance? Finding out that your investment property has been used as a drug lab…
The ‘great Australian dream’ has always been to own your own home, debt free. It gives you financial security, and over the past three to four decades, homeowners have enjoyed rising prices which has helped them build wealth. But is it always a good idea to own your home, or is renting better? Put differently, how financially…
In recent years, the issue of allowing pets in strata apartments has been a subject of significant debate in Australia. The recent overhaul of strata laws, recently tabled in NSW parliament, marks a substantial shift in the way this matter will be approached. Positive outcomes for pet owners The proposed revamp of NSW strata laws…
Are you saving for a deposit for a new home? Well, according to the latest research from PEXA, Australians wanting to buy a home now have to work at least two years longer to save for the deposit than they did in 2020, with soaring house prices, rising interest rates and tighter lending criteria imposed by…
Is successful property investing an art or a science? Albert Einstein once said, “COMPOUND INTEREST IS THE EIGHTH wonder of the world. He who understands it earns it… he who doesn’t… pays it.” If we accept the above, then the longer we hold a property investment the more likely we are to make a gain….