Have you heard of “Dual Key” investments? They are the poor cousin of the humble duplex – but unlike the duplex they make terrible investments. While dual-key properties are a fairly recent concept in Australia and are mainly built in Queensland and aimed at investors who are looking for cash flow, they have long been a…
Granny flats seem like a smart investment idea, don’t they? You build a modest dwelling in your backyard, rent it out, and voilà — a little extra income stream. But before you dive into the idea of building a granny flat on your property, let’s take a closer look. The reality is that granny flats…
It seems that everyone was an investment genius when the property markets were booming. But when times get tough it’s important to listen to those who have the perspective of having lived through a number of economic cycles and who take a holistic approach to wealth creation. And clearly we are now in interesting, and…
Not all cheap areas are good buys, and a housing boom isn’t just about affordability – it’s about a mix of key factors. Here are seven indicators that signal potential growth: 1. Population Growth – A booming market must attract more residents. If an area’s growth rate exceeds its 10-year average, it’s a positive sign….
Australia is in the midst of a housing crisis, and the numbers don’t lie, our housing supply simply isn’t keeping up with our booming population. Over the 2024 financial year, we built 62,000 fewer homes than we needed, according to PropTrack. And while that’s an improvement from the previous year’s 110,000-home shortfall, it’s hardly cause…
Have you finally found the perfect property but now have no idea how to take the next step? Don’t worry, like many buyers out there, you’re not alone! To help make things a little easier for you, in this article we get down to the nitty-gritty of making an offer and tell you exactly what…
When it comes to residential property management, there are several rules and laws that must be followed in order to ensure landlords don’t end up facing a cantankerous residential tenancy tribunal judge. One of the areas that can create confusion is lease renewal and the termination of tenancies. This is why it’s so important to…
While many Australians are keen to invest in property to secure their financial future, the statistics clearly show that most investors fail to achieve their goals. More than half of those who buy an investment property sell up in the first 5 years and only around 20,000 investors have joined the 1% club who own…
Have you wondered how many years it takes for house prices to double? You will often hear it said that property values double every 7 to 10 years, but that’s not actually correct. There are markets within markets, and some outperform others. Then, there are periods in all various housing markets when property values remain…
Some people argue that buying a property is the most stressful part of the investment journey. But some find the property settlement process, when the property is legally transferred from one party to another, a harrowing time. You have to rely on a team of conveyancers or solicitors, your finance broker, and your property manager…
