In recent years, we’ve witnessed a dramatic rollercoaster in Australian home prices. Despite the unexpected recovery last year following the downturn induced by interest rate hikes in 2022, the journey has been anything but predictable. According to the latest PropTrack Home Price Index, we saw a marginal increase of 0.02% in home values this January,…
Superannuation is one of the most effective wealth creation tools in Australia today. The taxation benefits of voluntary contributions into your superannuation are well-known, as is the ability to access your super funds (via a self-managed super fund) to invest in property. Unfortunately, however, there are simple mistakes that people regularly make which means their…
A property’s rental yield is the amount of gross rental income that it attracts relative to its market value. In Australia, gross residential property rental yields typically fall between 2% and 5% annually. This yield can provide insights into a property’s fundamentals and therefore anticipated investment returns. What drives a property’s rental yield? Two primary…
At the beginning of this year data released by CoreLogic showed that dwelling values across Australia rose by 67.5% over the past ten years to December 2023. And despite forecasts to the contrary, last year’s dwelling values rose by 8.1%, on average, across the nation. Some urban areas did better than others. Dwelling prices and…
When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms. What’s conveyancing? What’s a pre-settlement inspection? What’s a trust account? And another term that is probably relatively unusual to new developers or investors is “easement”. So, in this article, we’ll outline what an easement on a…
It can be an exciting time when buying real estate, can’t it? As I’ve said before, though, successful property investment should be less emotional than buying a home to live in. Either way, we’re all human, so sometimes our emotions can get the better of us. The thing is one of the worst times for…
Do you understand the importance of gentrification as a property investor? It’s something that many investors overlook and as a result, they rely on the general market for their property’s capital appreciation. Warren Buffet is quoted as saying “You will never be truly wealthy until you find a way to make money in your sleep”….
The latest ABS Lending Indicators data reveals a surprising shift in December, marking an end to the recent growth spurt in new housing loans. A noteworthy decline of 4.1%, down to $26.27 billion, breaks the consecutive five-month growth streak. The most significant drop was observed in the owner-occupied segment, with new loan commitments plummeting by…
You’re never too old for anything in this life. Well at least that’s my motto – but how do banks, lenders, and the property industry at large regard older investors? Many people come to me asking if they’re too old to invest in property, fearing they’ve missed the boat and will no longer have the…
Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change. To help place you in that successful group, let’s have a look at nine of the most common financial mistakes…
