Are we starting to see more distressed vendors than may have been reported? Australia wide, the delinquency rate has climbed from around 1.4 per cent to 1.79 per cent. It may be low in comparison to Europe and America, however it’s a figure the reserve bank should be paying close heed to because it seems […]
It’s very hard to go a week without numerous reports hitting the headlines suggesting we’re heading for a market crash. Despite plain facts being stressed concerning our population surge, and shortage of ‘useable’ housing, a minority always seem to find a public platform to beat the drum of impending disaster. It seems pointless to reiterate […]
Is purchasing the ‘worst house in the best street’ always the road to success? It’s long been thought that buying the worst house in the best street is a wise plan for investment. After all it’s location that’s the most important aspect of any real estate acquisition right? Well not necessarily so – many ‘would […]
One of the main reasons a property’s location is so important can be captured neatly in the old adage ‘you can change a house, but you can’t change its location’. However, searching for the perfect location involves more than simply looking for the worst house in the best street. Unless we’re going to accept a […]
Each year we encounter headlines which list Australia as one of the least affordable housing markets in the world. The reports are based on the Annual DemographiaInternational Housing Affordability Survey which is released annually. The survey covers 325 ‘markets’ in Australia, Canada, Hong Kong, Ireland, New Zealand, UK, and USA. The latest report condemns Sydney […]
As a property investor you face a mine field of advice from financial advisors, sales agents, property planners, developers, not to mention numerous magazines and books all promising the road to riches. Not unlike politics they offer a sea of differing opinions of what constitutes a good property investment and it’s often hard to sort […]
The year has nearly ended and so begins a roll out of New Year predictions for 2011. Most property analysts see rises ahead – all be it more moderate than experienced earlier this year. However speculation of a property crash has not diminished and the dominating headline throughout 2010 has been affordability and the prospect […]
Clearance figures are down and the papers are full of catch phrases such as ‘buyer’s market’ and ‘Golden opportunities for purchasers’. Even those properties that record ‘auction sale’ in the published results have often passed in andbeen sold via negotiation – (from experience, roughly 50% fall into this category.) It’s impossible to teach negotiation without […]
Owning a property is probably one of the best investments you’ll make. Not only does it fulfil an essential need for accommodation, when it’s time to sell the Government won’t hit you with alarge tax bill. Therefore any money you ‘invest’ inupdatingyour home not only improves lifestyle, italso ‘adds value’ to borrow againstat alater date […]
Although median house price data shouldn’t bethe only consideration when analysing the market, it can be useful when assessing the performance of a particular suburb. However this doesn’t mean every property will perform as expected. As an investor the aim should be to lower your risk profile whilst also maximising capital appreciation. In a strong […]
