When it comes to renovating, the majority of home renovation projects are an investment that can add both value and appeal to your property. But there can be a big difference between renovating your own home for aesthetic appeal and to suit your own personal taste, versus renovating an investment property with the goal of…
My chart this week illustrates Australia’s population projections over the next 25 years. I have used the medium projection series, and this is founded on the population data and trends as at financial 2022. It is the most up-to-date data and was released about a month ago. The projections are divided into several scenarios, showing…
Is it better to invest in a house or an apartment? These are age-old questions that aren’t easy to answer. You see, a few things have happened recently that have caused investors increasingly shy away from investing in apartments. We’ve seen a shift-change to a new working and home life prompted by the COVID-19 pandemic,…
Have you considered getting involved in property renovations? Making a tidy profit renovating a property seems like a very attractive proposition, doesn’t it? And that’s why more real estate investors are turning their aim to renovations. You know… buying low, renovating cheaply and adding substantial value is the aim of the game. It sounds simple…
When it comes to buying an investment property, you want to make sure you’re putting your money into an investment-grade property in a growth suburb. This is why it’s so important to look at the average house price growth over at least 10 years – it helps give a great indicator of what to expect from your…
As a seasoned property investor, I’ve witnessed firsthand the intricate dance of the property markets. Over the years I’ve come to appreciate that property investing is a complex affair and despite all the podcasts, blogs, webinars and so-called “advisors” the fact is that most investors fail to achieve the financial freedom they are looking for….
The statistics say it all-around 92% of Australians who invest in property never make it past their first or second investment. This is in spite of the fact that one property will never make you rich…it will never even make for a comfortable retirement when you consider that this stage of your life could represent…
In 2017, Griffith University estimated Australians would pass on a staggering $3.5 trillion in wealth over the next two decades. It is estimated that around $10 billion is inherited every month in Australia, and the numbers are steadily increasing. Given these projections, it’s highly probable that many of you reading this blog will receive an…
The Reserve Bank sees no “quick fix” for the housing crisis and warns that an imbalance between Australia’s supply of new housing and growth in the nation’s demand for housing is pushing up rents and construction costs and also has implications for economic activity. In a speech on Housing Market Cycles and Fundamentals, RBA assistant…
Growth in Regional Australia’s dwelling values and rents continued to pick up pace over the past three months, taking both to new record highs, CoreLogic’s Regional Market Update shows. Dwelling values across Regional Australia rose 2.1% in the three months to April 2024, the fastest quarterly growth rate in almost two years, outperforming capital city…
