Are you considering buying a new home or an investment property? If so you’re probably wondering should you buy now or should you wait? What if prices fall further this year? A better question would be – how important is it to get your timing right and what are the most important factors involved in…
You’re set. You’ve worked hard to establish a profitable property portfolio. Sit back and watch the property values rise and enjoy the rewards. What could possibly go wrong? Lots! Interest rates could skyrocket, tenants could trash your property, termites could infest your houses, governments could build a freeway next to your investment… and that’s just…
Apartment or houses? House or apartments? It’s the old argument – which make the best investments? Well…some data from the recent Census is swinging the pendulum to apartments, but before I discuss this let’s look at some basics: When you select your investment property you really have 3 variables Your Budget – this is usually set by…
Capital city populations are growing twice as fast as the rest of Australia, because of the employment and business opportunities and lifestyle on offer to both new migrants and long-term residents, writes … Dr. Sajeda Tuli, University of Canberra Migration is getting increasing attention in Australia, with the Morrison government recently putting the focus on…
History shows us that our property markets move through a cycle. There’s a downturn, followed by a stabilization phase, then an upturn, then a boom. And then the cycle starts all over again. Now that we’re in a downturn phase of the property cycle, I want to share some valuable lessons that I’ve learned from…
While the budget speech referenced housing a few times, in the sense that falling housing prices represent a downside risk to budget forecasts, there was in fact very little in the budget directly focussed on the housing sector. With the performance of the housing and household sector so critical to the Government achieving their forecasts…
As more and more of us move towards medium or high density living, it’s important to be aware of the issues that go along with living in an apartment or unit complex. When people live in such close quarters with others, there’s bound to be the odd disagreement, and the body corporate (also known as…
A crackdown on tax deductions and better technology from the Australian Tax Office is contributing to slower income growth and slower consumption. Reserve Bank of Australia assistant governor Luci Ellis recently gave a speech saying that slower wages growth was less of a concern than slowing income growth. The RBA is obviously concerned that despite low…
We’ve all heard that APRA’s restriction has caused the banks to tighten the screws and make it harder for many investors to get a new loan of refinance their existing loans. But the availability finance is the lifeblood of every property investor, giving them the means to leverage into real estate with other people’s money…
Are the fees property managers charge justifiable and deserved, or are there ways to cut back in this area of your portfolio? We flick through the figures to find out in this article For many with a portfolio of property in their possession, a property manager is a veritable lifesaver, tending to the day-to-day needs…