Whilst Sydney and Melbourne have experienced unpresented rates of growth in 2015 it has left many wondering if the bubble will burst. So far the growth in the property market has levelled out, but all eyes are on the Brisbane property market. The Brisbane housing market is one of the strongest in Australia with month on month and year on
Construction is a clear sign of a booming economy. Australia is currently putting a strong focus on growing the housing supply. Whilst the population grows and our emigration policy is looking at allowing up to 190,000 permanent migrants in this year alone, the government is pushing for more housing to accommodate the masses. Sydney and Melbourne saw the repercussions of
2016 has been a time of uncertainty, with many predicting doom and gloom, however 2016 has pleasantly surprised us. We’ve seen our Australian Dollar go from strength to strength which is definitely a sign of good times. Even the forecasts of our property market taking a nose dive have been discredited with outstanding real estate sales being recorded throughout Australia
Talk in the market place that property prices will be slashed in half has been discredited by yet another strong month of house sales across Australia. Whilst economists differ in their opinion, the media gave widespread attention to Jonathan Tepper, a US researcher, who claimed house values would drop by 50% this year. However, if you go to any Sydney
Do the math. When buying an investment property take all the costs associated with it into account, this may mean talking to your accountant to work out the tax implications. You need to look at the mortgage, body corporate fees, agency fees, water, council fees and all the associated cost in buying your property. Once you have worked out your
Choosing a residential rental property to buy is a complex decision. Of course, it’s a good idea to gain advice specific to your circumstances. But, there are some general areas to consider when you’re selecting a potential investment property. What is the Local Rental Market Doing? For example, are similar residential rental properties in the area frequently tenanted? It’s a
While residential property investment is a popular choice, some people choose to invest in commercial property instead. Commercial rentals are a broad category, including many different kinds of investments, such as offices, shopping centres, retail spaces, factories, or warehouses. When you’re choosing a new investment property, you might wonder about whether it’s better to select a residential or commercial property.
For some people, a popular investment decision is to rent out a holiday house. You might have found an appealing property in a great location, and want to enjoy it yourself from time to time, while also renting it out as a holiday rental at other points. This can be a great balance between potential financial benefits, and the ability
It is a question many people ask – Do I buy my own home now or keep renting and buy an investment property first. There are some points to ponder when making this big decision. The security of living in your own home is something that most people look to as a goal, so purchasing can be an emotional decision.
Anyone with an Investment Property will, at some stage, need to complete some renovation work. Whether it is just bathroom or kitchen, inside and/or outside. There are some tips you should follow to assist with getting it right to add value and keep costs down. The first thing to be done is to write out your plan of action. What