I hear it time and time again. A generation locked out of the housing market, a property bubble so inflated it is about to burst. Cue the doomsday music and fretting over escalating home values. Don’t get me wrong, saving for a deposit is a difficult exercise, and it is true that Australian property values
Beauty is in the eye of the beholder, and this certainly holds true in the world of real estate. Not all of us will love the same style of property. Some may prefer modern architecture and a contemporary lay-out and finish, while others may only be interested in buying period properties offering lots of charm
When buying a property having the right tools to maintain your finances is essential. In this article, guest poster Jerry Tyrrell who had has over 40 years’ experience in the building, architectural and timber pest industry and is the founder of Tyrrells Property Inspections, look at the key essentials you need to know to ensure your finances
You wouldn’t buy a car without doing a little research. A Google search, customer and expert reviews, model comparisons and of course, a test drive. You want this car to last for years and be a reliable performer so you’re not going to rush into anything. So how about something worth not just thousands, but
Is it time to lock in some or all of your loans into fixed rates? This is a question many property investors and home owners are asking with interest rates at the lowest they’ve been in decades and competition amongst the banks delivering us some very attractive fixed loan rates. How do you decide what’s
The latest Genworth Streets Ahead Home Buyer Consumer Confidence Index shows 71% of first home buyers think the Australian dream of owning a home is realistic. This is up from 63% last September.
Typically property investors not only have investment loans but also a home loan which is not tax deductible, so they’re keen to pay this off as son as they can. This is not necessarily the best strategy – I feel using surplus funds to buy another property is better “bang for bucks” that paying off
“Locals priced out by $24b Chinese property splurge” screams the Sydney Morning Herald headline. They report that close to one fifth of new properties in Sydney are being bought by wealthy Chinese investors and the flood of money is set to continue.
If you live or work in inner Sydney, you’ll only be too aware that the city is now well into a dwelling construction boom. In particular, the inner city is seeing the building a new apartments aplenty. The Reserve Bank will certainly be well pleased to see this, for part of their grand plan was
In this week’s 2 minute property investment news video I talk about the increase in NSW’s First Homeowner Grant claims. Western Sydney is leading the charge for first homeowners’ in New South Wales. Western Sydney suburbs make up 70 per cent of the top 20 suburbs claiming the First Homeowner Grant in New South Wales.