Garden gnomes, tacky chandeliers, tasteless wallpaper or a wild garden? What are the biggest property turnoffs for potential buyers when looking round a property? A nationwide survey* carried out by financial comparison site Mozo discovered it wasn’t necessarily the décor which turned off potential buyers. No parking, mould and lack of natural light were actually.
Last year, figures* released by the Australian Bureau of Statistics (ABS) showed property investment is still in many people’s reach; figures show 62 per cent of people who negatively gear one property have taxable incomes under $80,000. Breaking the figures down by professions, these include over 396,000 school teachers and over 266,000 office and practice.
Home renovations hit a 14-year high according to Master Builders Australia, but which are the ones that will make you money? Here are some areas to look at renovating if you’re looking to add value to your home: Fix structural problems Yes, we know structural renovations are costly, but if there are structural problems with.
The year has started on a good note! A survey of almost 2100 people, commissioned by comparison site Canstar, found 5 per cent of Australians expect prices to skyrocket, with an additional 33 per cent expecting steady growth. A quarter of those surveyed predict prices will remain stable. And it’s not hard to see why..
With the banking royal commission, Labor’s negative gearing plans and financial experts predicting a softening market, if you believe what’s in the media, you’d never invest in property; it’s all bad news. However, we’ve been in the business for over 40 years, so we are proof investing in bricks and mortar works in spite of.
‘Tis the season to be….. spending money and don’t the retailers just know it. Every shop, both online and in the street is promising you a good Christmas – at a price. But Christmas needn’t be filled with expensive excesses – it can be used as a great opportunity to start saving for your investment.
Traditionally this time of year has always been a ‘no-no’ when it comes to buying or selling houses; with Christmas and New Year around the corner everyone is focused on shopping, taking a break, spending time with family and friends, and partying, right? To a certain degree, this is correct, but this season also presents.
Whichever way you look at it, unless you are exceedingly lucky, property is a long-term investment, and there are three main types of investment strategies property investors use: capital growth, cash flow, and compound growth. Some people use one strategy, and others use a mixture in their property portfolios. Here are the pros and cons.