Have you ever considered that buying in a strong school catchment will increase the value of your home or investment property substantially faster? I know I have been speaking about it for many years! But being a numbers person to make my decision I had never see it put so clearly – in black and…
When the Hawke-Keating Government in 1991 announced the Better Cities program to revitalise previously run down (mostly inner city) areas, it was the New Farm–Teneriffe area identified by then Brisbane Lord Mayor Jim Soorley as one ripe for renewal. He appointed Trevor Reddacliff to head an Urban Renewal Taskforce and a 20 plus year program…
If you want to take advantage of our property markets and become financially independent, today’s show is for you, because I’ve got 3 segments during which I share a number of concepts that will help you along the way. First, we discuss whether property investing is an art or a science. Spoiler alert: it’s both….
How do you evaluate the investment potential of a particular property? Well, that’s what I’m going to share with you today as I share 5 metrics that we use at Metropole when discussing the investment potential of properties that we’re considering showing to our clients. But I’m also going to share 1 metric that you…
During 2020, most economists and commentators predicted that property values would plummet by 10%, 20% or even 30%! In May, I wrote a blog (and in The Australian newspaper here) outlining the reasons why I disagreed with these overly bearish forecasts. We now know that property prices didn’t fall by any more than 2% to 3% and have since recovered….
The resilience of real estate was proven yet again as property prices rose over the year. And now all the forecasts for 2021 seem very positive. But what can we learn from how our property markets emerged from previous economic downturns? Looking back you’ll find that median house price growth was very strong as you’ll…
There is a saying that statistics can tell you anything you want them too because our own biases will impact the way that we interpret them. Now that doesn’t mean that statistics are therefore meaningless. Rather, property statistics can help educate investors about what markets are doing at specific points in time. And that is…
Understanding how property growth behaves is critical when making buy, hold or sell investment decisions. Unfortunately, I have seen lots of people make terrible decisions based on misinformation or misunderstanding. Therefore, if you are a property investor, you must understand this concept. And if you are an investor with a low asset base, you can…
If you’ve been reading my blogs for a while you would know that I believe in investing for capital growth. When you eventually retire the vast majority of your wealth, or the assets you own, will not be the rent you’ve earned, or the wages you’ve received, but will be the untaxed capital growth of…
Recently released statistics from Australian Tax Office show that most property investors fail to achieve the financial independence they are looking for. You see…these ATO statistics show that: There are 2,207,893 property investors in Australia Seven out of every ten property investors never get past the first investment property. 9 out of 10 property investors…