The Newcastle Herald recently highlighted the Newcastle median house price has surged past $700,000 for the first time and the city’s annual growth rate is outstripping rises in all state and territory capitals. Latest figures from property analysts CoreLogic show the value of a typical house in Newcastle and Lake Macquarie jumped 3 % in.
Over the past few months, we have seen the price in property rise at an exceptional rate; in fact, in March, house prices rose at the fastest pace in over 32 years. There are lots of factors which affect the market such as the economy, interest rates and access to finance. There is also a.
All agents are the same right? Looking from outside in, that is potentially nearly true; after all, don’t agents just stick an ad on the two biggest real estate portals in Australia, realestate.com.au and domain.com.au, then sit back and wait for the enquiries to flood in? Well, sort of, but there’s a bit more to.
Towards the end of last year, we highlighted what to avoid doing in property investment with our 7 mistakes property investors make article. With interest in property investment still strong, and more people thinking about using property to reach their long-term financial goals, here are 7 more mistakes real estate investors need to avoid: Over.
There are a plethora of sales company now offering packages to help owners sell their properties. They make it sound so easy don’t they? Take a few photos, stick an advertisement online, show potential buyers around, agree on a price, job done. So, let’s look at things a little more closely and see what goes.
Creating wealth from property is long term, and it doesn’t necessarily rely on how much immediate cash is in your back pocket. The secret to creating wealth from property is understanding the process and how to maximise your assets. If you are serious about using property to reach your financial goals, here are 7 principles.
As the name suggests, the granny flat was originally designed for an older loved one to live independently, but close to relatives in case they need support, while at the same time, giving both parties their own space. However, times are changing. For the next generation, a granny flat also offers a good cost-effective way.
Property prices are on the rise! CoreLogic’s latest national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). When we look a little closer, and examine the regional markets, here in NSW we had the highest gains; values were up 2.8% over the month, 6.6% over.
From start-ups and investment bonds to gold and cash investments, when it comes to different types of investment opportunities, we’re not short of choice in Australia! Depending on what your short and long-term financial aims are, probably two of the most common investment options many of us consider are property and shares. Yes, we know.
Recent research is suggesting more Australians are thinking about selling their home now than before the pandemic, with low interest rates, improved consumer sentiment and strong economic forecasts fueling confidence in the housing market. More than a third (35%) of homeowners are planning to sell in the next five years, with over one in ten.
