How will the outcome of this weekend’s federal election affect the value of my home and our property markets? That’s the most common question I’m being asked lately. With taxes and property being significant federal election issues, this seems to have been one of the most polarising election campaigns I can remember and, in my…
Do you know that if Labor comes into power, they’re going to make us one of the highest-taxed countries in the world, and there are at least 6 taxes that could affect you. Ken Raiss and I are going to discuss them on today’s show. But first, I’m going to explain why there are so…
Be careful… a new wave of sub standard 1 bedroom apartments is set to catch some investors out. Whether or not property investors should consider adding a one bedroom apartment to their portfolio is not just a question of demographics and demand these days – in other words, whether a market exists for smaller properties…
Is it time to buy your next investment property or should you wait? Now that Labor has declared January 1st 2020 as the date their proposed tax amendments to negative gearing and Capital Gains Tax (CGT) come into effect property investors have just over 7 months to set themselves up. You’d have to be living…
Thousands of investors face financial ruin because they won’t be able to settle the “off the plan” apartments they signed up to buy. You see… industry insiders are worrying about a ticking time bomb, that the average property punter is not aware. As if those who recently bought off the plan apartments didn’t already have…
The Reserve Bank of Australia sees heightened risks for sectors of our housing markets. There are “heightened risks” to financial stability from the huge wave of apartment building have become “elevated” according to assistant governor Michele Bullock but she explained that any uncertainties about investing in property are “contained.” The key points of her recent speech: …
Dwelling approvals are now trending lower for houses and units. In November 2018, 15,465 dwellings were approved for construction nationally which was the fewest monthly approvals since August 2013. Approvals fell by -9.1% over the month to be -32.8% lower year-on-year. After peaking in November 2017, the number of approvals in August 2018 was -32.8% lower….
How do I invest? What approaches do I use and which strategies do I use? There is no “secret” to successful property investing, but there is a strategy I use to boost my chances of success. It is to firstly build my asset base through capital growth and then, once I’d built a substantial asset…
Off-the-plan units top the list of the most perilous property investments, and the risks will rise dramatically if changes to negative gearing and capital gains tax go ahead. While there are already major risks associated with this type of investment due to a number of factors, including oversupply, the introduction of the reforms if Labor…
Turmoil and uncertainty in the property market has taken its toll not only on investors but also property developers and lenders. Behavioural changes of investors have had a marked impact on the market as prices continue to slump and lenders keep a firm grip on borrowing. A reduction in investor activity has weakened the property…