Archive for the ‘Property market’ Category

Why you should invest in Newcastle

Located 160km north of Sydney’s CBD, the harbour city of Newcastle has so far escaped the astronomical prices that Sydney’s real estate market has become famous for.

However, with $6.5 billion in NSW Government funding set to reinvent this once industrial port city, Newcastle is on the verge of significant property price growth.

In this three-part series, we explore the reasons Newcastle is becoming the next … Read more »

Rentvesting: a growing trend for real estate owners

Like millions of Australians, Emilia Rossi is a tenant.

But unlike most of those tenants, Ms Rossi also owns four investment properties across three states.

She is among a growing breed of real estate investors who chose not to own their own home. Known as “rentvesting”, the strategy sees people using investment property growth to build a deposit, or they rent a property that fits their … Read more »

Savvy investors shun Sydney and Melbourne, and look to Adelaide

Australia’s housing affordability crisis is forcing young people to take extraordinary steps – whether it’s a home a long way from the city or a tiny spot in a block of flats.

Sydney IT accounts manager Rob Cooper is one homebuyer who’s looked outside the square. He rents in Woolloomooloo but can’t afford to buy there, so he’s purchased a rental property in a trendy city suburb … Read more »

Who is the Australian property market’s typical investor?

Contrary to the image a property investor might conjure up – a wealthy full-time property speculator –  most residential investors in Australia don’t actually rely on it as their primary source of income.

In reality, Australia’s residential investment market is dominated by people who, having bought their own home, have moved onto buying an investment property. These small-scale investors own 83 per cent of all investment properties…. Read more »

Brisbane On The Cusp Of A Once-In-A-Generation Boom

Brisbane-based property developer and media entrepreneur Adam Di Marco has made a compelling case for the Brisbane’s future prospects.  The Urban Developer insists that property investors “get in early” when it comes to the Brisbane market.

There is an unprecedented amount of infrastructure projects currently underway in Brisbane. Amongst these include Queen’s Wharf, Howard Smith Wharves and the Brisbane Airport duplication. Di Marco urged the industry to look beyond the traditional media … Read more »

A fair go for first home buyers

The NSW Government has developed a new package of measures designed to improve housing affordability across NSW.
1. 75,000 new homes are expected to be built across Sydney in the next financial year, which is double the long-term average of 40,000, and Councils are under even more pressure to rezone more land for housing as part of the state government’s determination to increase the supply of new homes in the city.

2. Not … Read more »

Renovating vs. Improving: What’s worth it?

As an investment property owner, it’s important to find the balance between maximising your property’s value and your cash flow. If you invest in the property through renovating you could potentially increase your equity, allowing you to reinvest or increase your rental capacity or capital growth. However, any money spent on your property will ultimately affect your cash flow. So, before you upgrade your investment property, understanding the … Read more »

Impact of 2017 Budget for Property Investors

The 2017 budget had more inclusions for local property investors than previous years, however it’s the foreign investors who will be affected the most. Furthermore, the Government’s resolution for the housing affordability crisis involves providing incentives to investors and superannuation funds. This is via increasing the Capital Gains Tax (CGT) discount for investors.
What do I need to know?

All deductions relating to the cost … Read more »

What to expect from a high-end apartment

High-end apartment renters tend to have an image in their mind as to what they are going to get in return for their significant investment. Whether these expectations are realistic, it is never a bad idea to receive insight as to what the actual reality is whether it’s better or worse than your assumptions.

If there is one thing for sure, it is that high-end renters want … Read more »

How to secure a mortgage

You hear about people getting mortgage loans all the time, in fact, it seems to be the most talked about subject when it comes to buying a house and is spoken about in very casual manner. Unfortunately, this perspective can lead us not to know the first thing about mortgage loans and leads us to assume that it just “happens”.

The fact is, to secure a mortgage … Read more »