1. Research & plan Before you consider selling, research the market, focusing on properties in your area. Is it a good time to sell? Where do you intend to move next? What’s your budget, including moving? You don’t need all the answers, but you should develop a clear set of goals … Read more
Federal Treasurer Scott Morrison’s second budget was delivered this month to Australia, with a range of changes for first home buyers, property investors and older Australians looking to downsize. Overall, the measures are designed to free up more development land and get first home buyers into the market sooner. Here … Read more
Since restrictions on lending have come into play, buying property might seem a little bit more challenging. There are still investment opportunities across the country and buying property continues to be an achievable goal. Here are some tips if you’re preparing to buy in 2016. Do your homework Spend some … Read more
As listings slowly rise, we can expect price growth to still be above average but remain at a more sustainable level. There won’t be a dramatic fall away of prices in markets such as Sydney and Melbourne where demand remains strong, however, we won’t see street records continuously being broken. … Read more
Are you ready to leap off the rental treadmill and onto the property ladder? Buying your first home can be one of the most exciting periods of your life, but you’d be forgiven for feeling a little daunted by the whole process. After all, as someone who has never gone … Read more
Are you breaking a sweat trying to buy a home in a fiercely competitive market? So what can you do if you need to buy and continue to get pipped at the property post? Try these 5 expert ideas: 1. Never wait to find ‘the one’ before researching Just as … Read more
Steadily rising house prices, fueled by record low interest rates, are sparking fears of an impending crash in Australia’s property market. Talk of a property bubble is increasing while questions continue around affordability, particularly in the surging Sydney and Melbourne markets. So what is a housing bubble, are we in … Read more
Investors are continuing to gobble up more of the mortgage pie – but so are first home buyers Australians made $32.7 billion of mortgage commitments in April, according to the Australian Bureau of Statistics. That marked a 17.3 per cent increase on the previous year. The owner-occupier share of those … Read more
1. Higher proportion of owner-occupiers Aim for at least a 70:30 ratio of owner-occupiers to investor. Often apartment block tends to be better maintained if there’s a higher proportion of owner-occupiers. Better presented units mean higher demand, which translates to better prospects for capital and rental growth. Being well cared … Read more
The recent Federal Budget largely left property alone – but it will likely have far-reaching ramifications for prices, investors and retirement planning. One of the biggest financial challenges Australians now face is funding their own retirement, as there are growing signs that the federal government’s age pension will be available only to … Read more