As a result of the latest Covid 19 outbreak there has been great volatility & uncertainty right at the end of the financial year. We believe that this is an opportune for you to review your property holdings. But, where to start? We recommend that you review your investment across five(5) areas. Performance – How
As the old saying goes, “rent money is dead money”, or is it? The fact is that we all need a place to live, and this will always cost us money, whether it takes the form of rent or mortgage repayments. And while it is true that monthly rent payments don’t help you build equity,
Over one year ago, the Reserve Bank of Australia decided to slash its official cash rate to a historic low of 0.1%. Amidst attempts to prop up Australia’s failing economy and the first recession we’d experienced in decades, they announced that the move from 0.25% to 0.1% would be in place for the next three
You’ve conquered the task of property ownership and have decided to take the next step on your property journey. Whether you’re renting out your home because you’re upgrading and want to turn your old place into an investment property or because you’re moving away for a few years and intend to return eventually, there are
Renting out an investment property can be one of the best sources of income you will ever have. However, most property investors will agree that choosing someone to manage your property effectively is crucial to your success. A good property manager will handle all of the administration and property issues for you so that you
There have been many changes to the Australian property market over the past year and a half, with the government stepping in and introducing new policies to ensure that the economy stays strong. Currently, Australian property is not only holding steady but continuing to grow, and analysts have stated that despite the incredible growth, regulators
There has never been a better time to sell your property. As house prices continue to rise around Australia, buyer demand remains high. However, if you’re thinking of selling your home, there are associated costs that you should budget for. Here’s what you can expect to outlay when selling a property in New South Wales.
The idea of being able to work from a beautiful seaside or forested property sounds like a dream come true for many. However, because workplaces were typically situated in major cities and urban areas, this dream was unachievable. However, with the advent of COVID-19 came a change to working habits all around Australia. Suddenly, employees
Against all odds and predictions, the Australian housing market (and Sydney in particular) bounced back healthily after fears that COVID-19 would finally burst the property bubble. In fact, according to sales data, Sydney’s property rising rose by 6.3% over the last quarter, and the city’s auction market is still going strong, clearing over 90% of
Back in 1970, you could buy a house in Sydney for $18,700. In 1980, the average house price was around $76,500. By 1990, the number had more than doubled to $184,600. In 2000, you needed around $312,000 to purchase a property in Sydney, with the number increasing to $575,900 in 2010. And these days? These