Cause and effect is a well known law of relationships. In 2020, there was an almighty cause, which brought an incredible response across political and social landscapes. But another lesser-known law is, “If you’re going to throw a party you’ve got to expect a little damage.” In other words, things implemented to bring about one …
How the government delivered an ‘accidental investor’ boom Read More »
When taking out a mortgage it’s common to focus on the interest rate and weigh this heavily, positioning this single piece of data as the deciding factor when choosing a lender. After all, the lower the interest rate, the more money you save. Getting the lowest interest rate possible is what everyone is doing, and …
Your outcome or your interest rate, what’s more important? Read More »
Westpac has lifted its forecast for dwelling prices with 10% gains now expected in both 2021 and 2022. The bank then expects this boom to be followed by a flattening out in 2023 as rising fixed-term interest rates, combined with prudential measures aimed at reining in the associated lift in leverage. These headwinds are not …
If you sell a dud investment property, you may have to pay capital gain tax (CGT), selling costs and then stamp duty again when you reinvest… it can be a very expensive exercise! And if you have owned the property for a while, it is probably putting money in your pocket each month (i.e. more …
How bad does an investment property need to be to warrant selling it? Read More »
Like baking a soufflé, successful property investing requires three important elements: a well-proven recipe, good ingredients and technique. Successful property investors know only too well that shortcuts or lack of research are sure to cause financial distress. They also know that given the level of expertise and knowledge required to make the right decision it …
Successful property investing is like baking a soufflé Read More »
Property investing doesn’t seem like it’d be all that difficult, right? You buy a place, jazz it up, rent it out and enjoy the returns. How could anyone make too much of a mistake? Right? If only it were that easy. In reality, there are actually plenty of different mistakes, missteps and errors that can …
How much can Australian home prices rise this year? Should we expect a long-term bull market and how will the price houses and units perform differently? This was the topic of a recent Oliver’s Insight where Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP, discussed some positive economic news …
Buying a property, whether it’s your first or your fifth, is a well-established pathway to long-term prosperity. It’s a brick-by-brick journey to building personal wealth and it requires patience and discipline to achieve your goals. But acquiring property isn’t just about selecting an asset and sitting tight. In fact, building a portfolio is a strategic …
Why property investment is about finance, not real estate Read More »
Why is it important to understand the difference between a repair or an improvement to your investment property? The property investor is often grappling with whether an expense is a repair or an improvement. This is critical because a repair can be written off immediately whereas an improvement must be written off over a longer …
Sydney and Melbourne’s inner-city apartment glut shows no sign of easing with the clear prospect of high rental vacancies persisting into the foreseeable future – which is good news for tenants but not so good news for landlords. According to the latest data from My Housing Market, there are currently over 23,000 units listed for …
Persistent Apartment Glut with Lower Rents and Prices – Good and Bad News Read More »
