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Saturday Summary – some weekend property investment reading

Each Saturday morning I like to share with you some of the interesting articles I’ve read during the week.

I’ll put them here all in the one place for your easy weekend reading and to make it easier for you to improve your property investment knowledge.

Enjoy your weekend….

So what’s ahead for our property markets? The NAB says house prices to bottom out in 2012 and start rising from 2013
House prices are expected to bottom out later in the year and then starting rising modestly from 2013 led by Western Australia.

This interesting article gives some thoughts on what’s going to happen in each state to both prices and rentals

5 things all property investors must know about finance
Another great show produced by Kevin Turner. If you don’t already subscribe to this excellent weekly Internet based radio show.

This week he has a heap of great guests:

  • Jane Slack-Smith from Your Property Success who talks about the finance mistakes she has seen investors make.  Learn from the experiences of others.
  • Damian Smith from Rate City shares some good news from the ABS Monthly Housing Commitments report.
  • Rolf Schaefer from Metropole Finance tells us about the strategy some investor’s use to ‘stay under the radar’ and how they buy time to live through the ups and downs of the property cycle.
  • Mark and Vicki Sweeney who turned around an under performing property portfolio and bought 3 properties in one year.
  • Graham Doessel from MyCRA explains the importance of knowing what is on your credit file.

You should definitely subscribe to this new weekly program. It’s free!

 Video of the week:     Will the RBA cut interest rates in May? Economist Paul Bloxham answers.
The argument for a May rate cut is weaker following strong inflationary expectations and a steady unemployment rate.

This is a question everyone interested in property investment wants to know.

Given the new data, which way will the Reserve Bank swing? HSBC chief economist Paul Bloxham answers this in this video from

Buyers are back as Sydney starts to sell again
The Sydney housing market is showing encouraging signs.

Buyer activity has clearly improved from the subdued levels at the end of last year. In November and December, weekend auction clearance rates had averaged 50 per cent. This year, they are averaging 55 per cent.

New Queensland premier is cutting costs to boost real estate
Queensland’s new premier Campbell Newman has begun implementing his promise to slash the cost of living and cut through real estate red tape in a bid to drag the property market out of the doldrums.

It will be interesting to see if it helps.

Chinese buying hits unprecedented levels providing an iron hand under housing: Robert Gottliebsen
Much of the Australian residential market is dependent on China and the Chinese interest in our property has changed over the last few weeks

Coast still has the blues
The North coast property market is still suffering badly. The beaches and hinterland are just as beautiful as they ever were, but with the tourism industry still suffering and the construction sector grinding to a near standstill, prices have been falling since the global financial crisis hit.

Please share this blog with 3 people this weekend!



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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


'Saturday Summary – some weekend property investment reading' have 4 comments

  1. Avatar for Property Update

    April 21, 2012 @ 2:40 pm Maria W

    Thanks for these saturday summaries They make good weekend reading

    Reply

  2. Avatar for Property Update

    April 22, 2012 @ 7:37 am Jenny Perkins

    Talk about mistakes property investors make! Few years ago when I bought my first investment property, I was told to set up a property investment trust, so I did BUT the financier set up the finance such that the title is in the trust name but the debt is in my personal name!!!!!!!!!! For evermore now, only I can claim the bank interest (and I am now retired with no income). The annual interest are credited against my name so the only to claim these will be when I sell that property and claim interests against CGT!! + I have to set up an ‘On Lend Agreement’ ($$$) to allow me to accumulate the interests paid. Whose mistake is that?? The investor or the financier????

    Reply

    • Avatar for Property Update

      April 22, 2012 @ 9:07 am Michael Yardney

      Jenny
      It seems that your circumstances have changed from when you first set up your structure. I assume at that time having the interest in your personal name suited you, otherwise you wouldn’t have set it up that way.
      Was that a mistake? I don’t knwo as I don’t know your circumstances.
      Have you spoken to your accountants about your options?

      Reply

  3. Avatar for Property Update

    April 27, 2012 @ 9:50 am David C

    Thanks – it’s easy having all this good stuff in one place for easy reading

    Reply


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