We are at the beginning of a new property cycle. In the past, this stage of the property cycle was the time when lifetime wealth was created by a small group of investors. But if history repeats itself, and most likely will, most property investors won’t develop the financial freedom they are looking for. Why…
Australia has been facing a rental housing shortage for several years now. This has led to increased competition for available homes, driving up rentals and making it increasingly difficult for many Australians to afford a place to live. But, how did we get here? The Covid-19 pandemic caused a divergence in the rental market The…
When it comes to property investment you’ll often hear two conflicting philosophies advocated. Some suggest you should invest in property to achieve positive cash flow – that’s when rental returns are higher than your mortgage repayments and expenses leaving money in your pocket each month. Others suggest you should invest for capital growth looking for…
Some say that Australia has an ageing population crisis, with 558,000 Australians now aged 85 years… and in 13 years that’s expected to hit 1 million. And that means there will soon be billions, if not more, of dollars transferred to our younger generations. The problem is, many of these heirs aren’t prepared, and a…
Australia’s rental market is in crisis. Vacancy rates are at virtually all-time lows, rental stock remains slim, and rents are skyrocketing. So how did we get into this rental crisis? And how long will it last? And what does it mean for property investors? In today’s chat, Dr. Andrew Wilson and I shed light on…
Australia is at the precipice of a monumental shift in property ownership, thanks in large part to an aging population. The Baby Boomer generation is aging, and with that will come a massive transfer of wealth. Bernard Salt recently wrote an insightful column in The Australian – “Get ready for Australia’s great home inheritance avalanche,”…
Whether you’re a first-time home buyer or property investor, our online calculator allows you to be aware of the costs involved in buying or selling a property before embarking on the lengthy and expensive process. In the meantime, I’ve put together all the information you might need on costs involved in buying and selling a…
Each major Australian capital city is faced with predicted population growth of millions more people within just the next 25 years. In Brisbane it’s over 1.5 million more, Sydney will cop another nearly 4 million, and Melbourne over 3 million more people. Here’s a scary fact: at current rates of cars to people, Brisbane will…
One good financial decision will have positive consequences. But five good decisions in a row will be life-changing. It will create a lot more than five times the positive outcomes that one good decision will. That’s because good decisions are a compounding asset. Our lives are a sum total of the choices we have made…
Building wealth is simple. It doesn’t require luck, genius, or special connections. You don’t have to attend overpriced weekend financial seminars or learn the latest tricks and gimmicks sold by slick marketers. As John Bogle wisely stated: The secret is there are no secrets. The truth behind how to build wealth is public domain knowledge,…