Want to know a secret? When it comes to making money as a property investor, one thing is true: almost everyone can do it. The reality is, anyone who sets their mind to it and has a clear budget, strategy and purpose can be a successful property investor. That said, there are definitely some qualities that the most successful…
It’s clear that Australia is suffering from a chronic property supply shortage, and with a focus on our rental crisis and high mortgage costs, the pipeline of residential construction will be more important than ever. The problem is, many viable solutions – such as the Government Housing Accord’s commitment to building 1.2 million new homes…
This blog’s title is a bit deceptive, because every property you buy is important, for either lifestyle or financial reasons. I contemplated using the title: “why the first property you buy is the most important one”. But the reality is, if you have made a mistake on your first property, you can always start again. The…
Successful people generally do things differently than the rest of the population. This is also true of successful real estate investors. So, what are the common traits of successful investors and how can you learn from them? 1. They aim for the top There is a great quote from Swami Vivekananda, which is an example of a positive life tip that…
Chinese investor appetite for Australian residential real estate has accelerated during 2023 as buyers rush to secure a slice of the market ahead of other foreign investors. In the year so far, Chinese buyers have purchased a total of $3.4 billion worth of approved residential real estate purchases, up 40% from last year, according to…
Here are some interesting Australian property facts you should know. They’ll come in useful when the property pessimists, who are out once again now that our property markets have made up all the ground they lost in 2022, get into your ear: 1. There are 11.1 million dwellings in Australia. The combined value of residential real…
Australia’s housing market upswing has become more widespread, with four in five house and unit markets analysed nationally recording a rise in values over the past three months. CoreLogic’s interactive Mapping the Market tool, updated with data to the end of October 2023, found that 83.1% of house markets and 80.6% of unit markets saw…
No matter how experienced you are, when it comes to buying an investment property it can be tempting to throw caution into the wind and navigate the process on your own. But that would be a catastrophic mistake. Yes, it is true that independent people are often some of the most successful, but there is…
Well…It’s happened again. After keeping interest rates the same for four months, the Reserve Bank hiked interest rates last week, ending a four month reprieve for mortgage holders amid renewed fears that inflation is not falling fast enough. This means rates ar at the highest level since November 2011. So what will this mean for…
Our segregated cities keep rich and poor as far apart as possible according to demographer Bernard Salt. Writing in The Australian a number of years ago, Salt examined the richest and the poorest suburbs in Australia and concluded the poor are being flung to the city’s edges and the bigger the city, the farther the…
