What the new government means for property owners
In the run up to the election, the Labor government made several election promises to help address some of Australia’s housing issues. While many of these pledges affect mainly homeowners, some do affect investors. Here we take a look at some of its pledges: Help to Buy Anthony Albanese pledged that a Labor government would.
Common property investment risks and how to minimise them
Recent figures suggest more people are turning to property as a way to make their money work for them; in March this year, according to the ABS, lending for investor housing rose 2.9% to a record high of $11.7b. Furthermore, new loan commitments for investor housing rose 5.7% and was 25.0% higher compared to a.
Some reasons why house prices may not dramatically fall
There is no doubt over the past few months, home price growth has slowed, and with the recent cash rate increase and lenders expecting more rate increases in the coming year, many are predicting house prices to plummet. Real estate prices inevitably has peaks and troughs for lots of different reasons, and while higher interest.
6 property selling myths debunked
When it comes to selling your house, everyone is an expert. There are a lot of property myths out there, and it can sometimes be difficult separating the fact from the fiction; we’ve been in real estate for nearly 50 years, so we’ve seen a few. Here, our experienced ‘myth busting’ sales team have debunked.
Yield explained
Before buying a property, every investor will look at what bang for their buck the property will give them. This means they will look at a property’s current return of investment (ROI) and yield. ROI (sometimes known as total return yield) ROI is a comparison of how much you make from a property compared to.
Freestanding house, duplex, terrace, and townhouse – what’s the difference?
Whether you’re upsizing, downsizing or investing, the chances are, you’ll be looking at a variety of properties. But do you know your terrace from your townhouse? Explaining the differences between types of property can be bit like explaining the rules of cricket to a foreigner! There are 10 different classes of building under the Building.
Insurance offers for new landlords
To protect your asset, landlord insurance is a must. We strongly recommend you use a specialist landlord insurance provider because many general insurance providers offering cover for landlords may not provide sufficient cover. While we don’t believe you should scrimp on insurance cover, (click here to read our guide of what you need to consider.
5 fixes which won’t add value
There are a lot of tips and hacks of what to fix up before you put your property on the market, and rightly so; as a seller, you want to spend your time and dollars on upgrades which will add value to the sale price. However, a full renovation is an expensive job, and the.