If you’re new to investing, you’ll often hear the terms negative and positive gearing, but what exactly do these terms mean, and why are they important? Whether it’s for property or other investment opportunities, gearing is the term used when borrowing money to invest. When it comes to property, the way your property is geared.
Despite what the media would have you believe it isn’t all doom and gloom in Australia. When you take a closer look at the latest figures, the outlook is actually quite positive for the property market. Increase in home loan commitments Recent figures released by the Australian Bureau of Statistics (ABS) show the value of.
Good news for investors and home owners! Recognised as the most authoritative indicator of Australian housing affordability, the recently released REIA (Real Estate Institute of Australia) Housing Affordability Report shows housing affordability has improved slightly in the June quarter. What the report means for investors Over the June quarter, rental affordability in New South Wales.
You’ve had an offer for your property, and you’re keen to move through the negotiation process to get the signature on the dotted line and the money in the bank. However, it is worth bearing in mind, it’s generally considered a property is sold ‘in the state it’s found’. This means legally there are some.
Investing in property is probably looking to be a very attractive way to invest for many people right now. As well as interest rates sitting at an all-time low, and the Government giving incentives to help the market, other forms of investment aren’t fairing that well. While property owners with a mortgage or other type.
With a global pandemic and reports of economic crashes, if you believe what’s in the media, you’d never buy a property; it’s all doom and gloom. But if you dig a little deeper look beyond the capital figures, you’ll find regional Australia is painting a very different picture. CoreLogic says regional prices have been more.
Like every industry, property insurance has its own jargon, so to help enlighten you, we’ve pulled out a few common words and offered some straight forward explanations: Accidental damage: damage to your property that occurs suddenly as a result of an unintentional, unexpected and non-deliberate external action. Actual total loss: where the insured property is.
Property markets may change, but good investing advice is timeless. Whether you’re wanting to own a home or start out on your property investment journey, these quotes may just give you the motivation you need to take the step towards living your dreams. Real estate cannot be lost or stolen, nor can it be carried.