At any given time there could be over 350,000 properties for sale in Australia but in my mind less than 4% are what I would call “investment grade”, so let’s look at what type of property a property investor should not buy. And at this volatile time in the property cycle, correct asset selection is…
Are you planning to buy an investment property in 2019? Or maybe you’re planning to buy a new home? Well you’ll be in good company because more than half the respondents of a recent survey believe now is a good time to invest despite the fact that the vast majority of respondents (84%) believe that…
One of the questions I’m frequently asked when it comes to people seeking property investment advice is, ‘Should I buy a house or an apartment?’ Many beginning investors are under the impression that houses make a better investment because they’ve read or heard that the land component of property increases in value, while the building…
There are risks associated with the suburb and risks that are associated with the specific property. The number one risk is taking advice from a property professional who is not paid for their services. In this industry no one works for free. As a general rule, if you are not paying, you are not the…
We’ve moved to the next phase of the property cycle — one of lower capital growth in some locations and slumping property prices in others. But that doesn’t mean it’s time to change your investment strategy. Real wealth from real estate is achieved through long-term capital appreciation and the ability to refinance to buy further properties…
Are property prices in Melbourne and Sydney really going to fall by 40 percent? Well if you believe Channel Nine’s 60 Minutes show last weekend we’re really in for trouble. Here’s how reporter Tom Steinfort opened the segment: “It’s no secret that Australia is experiencing a downturn in the property market. But for Aussies who…
There is plenty of evidence that our property markets have changed… From the hot “sellers’ market” of the past few years, when vendors called the shots and the price of many properties increased at a dizzying rate, now there are more properties for sale than there are buyers as many are becoming a little nervous…
APRA’s latest monthly banking statistics reported negative growth in investment loan exposures in July. Commonwealth Bank, ANZ Bank, Westpac Banking Corp, and Suncorp all recorded an outright decline in outstanding housing investment loans, while NAB’s investment loan book was broadly flat. Year-on-year growth is either negative or slowing for each of the major banks. The…
Units offer affordable options for many looking to enter the housing market for the first time, down size or simply own a pad close to a city centre. The CoreLogic Property Pulse, analyses the CoreLogic Settlement Risk data to show the potential number of new units set to be completed over the coming years and…
Some months ago I wrote about the prospect of a ‘rental crisis’ being the next big housing market story (even leading some readers to question my mental health – isn’t social media the best?). Of course, these trends play out over a period of years rather than in tune with today’s 24-hours news cycle. And…