Renters have very few rental options, and buyers are struggling with high prices, which is a problem that has been ongoing for at least thirty years. To fix these issues in a sustainable way, we need to build more homes over the long term. Governments across Australia are starting to realize this need. In August,…
Heritage conservation has been blamed for making the housing crisis worse by standing in the way of new, higher-density housing. But protecting heritage and increasing housing should be complementary objectives. Heritage suffers when not enjoyed by our growing communities. Housing suffers when not shaped by our communal heritage. YIMBYs and NIMBYs are usually on opposing…
Cross-collateralisation is an important loan structuring issue of which many property investors are not aware. Knowing the implications of cross-collateralisation is crucial to developing a long-term property investment portfolio. What is cross-collateralisation? Cross-collateralisation occurs when more than one property is used to secure a loan or multiple loans. For example, a person owns Property A and wants…
Australia’s property market is moving onto the next phase of the cycle, but issues with scarce supply continue to strain the market. It’s not good news then that new data has revealed that homeowners are holding onto their properties for longer than ever before, only exacerbating an already tight market. A recent analysis of PropTrack…
What do you do if you’re keen to buy a property at auction but it is passed in? Sure our property markets are picking up, but around 30% of properties put to auction still don’t sell on the day, so how do you handle the situation? When a property passes in, the highest bidder is generally…
There are over 2.88 billion dollars worth of tax deductions that investors are leaving on the table. With a little knowledge and planning in the lead-up to June 30, there are key decisions that investors can make today that will pay dividends when they meet with their accountant in July. Here are 5 tips to…
Which Victoria suburbs are next to boom? Well, according to REA Insights, Dromana on the Mornington Peninsula has been identified as the Melbourne suburb to watch, with its beachside lifestyle, relative affordability and proximity to the city proving a winning formula with families. Its top features include pristine beaches and close proximity to Melbourne. According…
Getting into a tizz about who is responsible for what at a rental property is a headache no one needs – and one many landlords and tenants experience. Misunderstandings about responsibilities for tasks around the property – from gardening to appliance repairs – are commonplace. If you’re wondering why a landlord insurance provider is talking…
Australia’s property market is suffering from a chronic supply shortage, with high mortgage costs and a worsening rental crisis further tightening the market. But there is one solution to Australia’s chronic housing shortage: Downsizers. In fact, new data by financial services company Downsizer.com, reveals that there are some suburbs in each major city where the…
How are our housing markets going to finish the year? To many people’s surprise, despite higher mortgage rates and generally poor market sentiment, our property markets have performed well this year. After a rocky 2022, many “experts” anticipated home prices to drop further this year, but in early 2023 the market reset and prices have gone…
