Be cautious when looking at median house or unit price fluctuations and don’t rely on them as the only indicator of directions in market values in certain suburbs.
An interesting trend that we have observed recently is the off-market sale.
Avoid bad Property Management which leads to bad investment property journeys.
While only a small percentage of home sellers decide to do sell their own home, they should be fully aware of the potential losses before considering it.
By the time they are built and settled, in a rising market, the value can increase, turning a small deposit into a substantial profit.
If stamp duties are abolished the forgone revenue will need to be replaced by a higher GST, as advocated by REIA, or by a land tax which was advocated by the Henry Review.
Casting our eyes across the nation revealed these other population hotspots.
It's timely to clarify a few facts on foreign investment in Australia.
Closing the gender pay gap is another important policy setting that the Government needs to look into given Australia currently has the largest gap in the last 20 years.
The lower north shore is seeing more buyers coming from other areas of Sydney and overseas.
It is amazing how many buyers believe that negotiating large price reductions is impossible.
There are pros and cons for both the independent and franchise models.
Once you give an investor a rental return amount quite early on in the development and purchase phase, they are expecting that return upon completion and settlement and this poses an issue.
With the overall national property market moderating, this gives the capacity for The Reserve Bank to cut interests even further during 2015 without any major concern that this will fuel a property boom.
Start putting your hard earned money into property and build your wealth.