Property markets around Australia are moving to the next phase of the property cycle after experiencing a year or so of a cyclical downturn. But we’re not in for a property boom any time soon – we’re entering the stabilisation phase of the property cycle. I’ve invested through the ups and downs of the property…
I recently did something I haven’t done for a long, long time. I played a game of Monopoly. And yes, I won. But I played it with my grandchildren, so I had an unfair advantage. Now the game reminded me of a very important lesson all property investors must understand – and this is that…
When someone is building their career, they usually have so many different things to think about that they forget some of the most important issues. What I mean is that they forget to think about the future as they’re so caught up in the present. Take, one of my clients, Thomas, for example. He has…
“What if?” – two little words that could have meant the end of the modern world as we know it. What if our forebearers had been so paralysed by doubt and fear that they never ventured beyond their comfort zone in the cave? Interesting thought, isn’t it? Fear of the unknown leads humans to exist…
Are you considering buying an investment property in 2023? You’re in good company. Savvy property investors are likely to re-enter the market in 2023. With the majority of cash rate hikes now behind us, as well as lower prices, high rents, tight vacancy rates and the return of migration, the market will have all the…
Over the past year, we’ve noticed some positive changes in regional rental markets. They’re still quite competitive, but we’re starting to see a slight improvement. Does this mean that the trend of people moving to the regions during the pandemic is now being reversed? Are people flocking back to cities now that they have reopened…
Buying with a friend seems like a good idea, doesn’t it? It’s certainly been a popular strategy over the past decade or so given higher property prices, plus more people choosing to stay single longer. The power of two is always stronger than the power of one when it comes to property after all! There…
What is a mortgage offset account and how can it benefit property investors? With all the different mortgage options available and the mortgage offset account often touted as a major feature of the loan, it pays to know how to use it to save money and get ahead on your mortgage repayments. Mortgage offset…
Fast population growth and multiple headwinds for the construction industry mean Australia’s housing crisis will only worsen – even with the government’s plan to increase housing stock a solution is still far off in the distance. A new PropTrack New Homes report for May reveals data that suggests that government initiatives to meet growing population…
I sometimes get so engrossed in analysing ABS figures, like the nerdy CA that I am, that I forget that some blog readers are new to the idea of property as an investment. Let’s take a look today at 6 of the basic characteristics of a property as an investment and what causes prices to…
