In a year that no one could have predicted, from a deadly global pandemic to our largest economic downturn since the 1930’s, CoreLogic’s Best of the Best 2020 Report reveals Australia’s $7.2 trillion residential real estate market proved remarkably resilient. We look at a suburb level analysis of a variety of measures used by CoreLogic…
![[Podcast] Lessons from an International Property Legend – Robert G Allen, a 50-year property veteran](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/12/MY-podcast-231-%E2%80%93-Lessons-form-an-investment-legend-%E2%80%93-Robert-G-Allen-03-270x200.jpg)
You’re in for a treat today because I’m going to chat with one of my very early mentors when I started my property investment journey. I bought my first investment property in 1971 without much money, having saved a little deposit and going halves with my parents and I definitely didn’t understand the rules of…
Who would have believed it? 2021 is going to be a great year property, but if I had told you that six months ago or eight months ago you wouldn’t have believed me, would you? Now I know some people think I’m an eternal optimistic, but I believe I’m realistic – especially now that I…
Are you planning to buy an investment property in 2021? Or maybe you’re hoping to buy a new home? Well you’ll be in good company because 74% of the respondents of a recent survey believe now is a good time to invest in residential real estate (significantly more than the 68% last year.) And 24%…
![How to avoid common investor mistakes – thinking you must diversify [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/05/property-price-270x200.jpg)
Common wisdom seems to suggest that you should diversify your investments. But is this correct? In this series of short videos, we discuss the common mistakes we’ve seen investors make, because the more you know about the most common mistakes that investors make, the better your likelihood of building lasting wealth. Today we discuss why…
Property sentiment has rebounded sharply, reflecting both the lift in economic activity over the past few months, as well as stronger confidence in the outlook for next year. Commenting on the findings of the latest ANZ-Property Council Survey, ANZ Senior Economist, Felicity Emmett, comments: Falling mortgage interest rates and targeted stimulus are clearly helping to support…
Despite an initial slump in housing finance through the beginning of the year due to the COVID-19 pandemic, the year to October 2020 saw a remarkable 14.5% lift in the volume of finance secured for the purchase of property, according to ABS lending indicators. This was mostly driven by a $15.8 billion increase in lending…
Nationally, housing market values did not see the large decline anticipated at the start of the COVID-19 pandemic. Though performance was mixed across the state and territories, the national housing market had seen a -0.8% decline in the June quarter, which deepened to -1.7% in the three months to August. However, in recent months the…
Are you waiting for a sign that the property market has turned? Well, I have 5 for you. If you thing about it most investors, economists, pessimists or otherwise, are keen to tip the turn of the market. Especially when that turn is upwards! It is almost like they are waiting for a bell to…
What happens when you dissolve a trust? Do you need to pay stamp duty and Capital gains Tax is you then transfer the trust’s assets to your personal name. That’s the question I was recently asked by a reader of Property Update – so here’s the Q&A Question: I bought a warehouse/office in the mixed-use…
