In December 2020 Australian housing values hit record new highs in several capital cities as the Australian national property market continues to turn a corner. House prices are showing signs of healthy recovery across all Australian capital cities as the national property market moves further away from the lows triggered by COVID-19 and subsequent lockdowns. …
The Australian residential vacancy rate back in December 2019 was a reasonable 2.5%, and the property markets were riding high. Fast forward 12 months into a different world. Predictions were for record vacancies as students couldn’t come, a flood of Airbnb properties would hit the market for long term rental as there were no overseas …
In the past few years, banks have virtually stopped giving investors “interest-only” loans on Australian property, and have been insisting on buyers making regular principle repayments. This has led many investors to become confused, and unsure whether an investment property still makes sense with this type of repayment. Even though interest rates are at record lows, …
A recent review of Federal Financial Relations conducted by the NSW Government recommended that stamp duty be abolished and replaced by a broad- based land tax. This has implication for all property buyers, not just those in Sydney, as it is highly likely that if these measures are shown to have increased demand,- which they …
At the beginning of the pandemic in Feb/ March the Australian stock market dropped like a stone and the banks predicted doomsday for Aussie property. Since that time the banks have reversed their view on property, and the stock market has recovered to nearly its all time high back in February. Having been through Black …
When it comes to real estate investing, the mistake many people make – and the most common error I see over and over again in my years in the market – is that they simply sell too soon. Investors in other asset classes are often the same: they accept immediate gains in lieu of long-term …
CONSIDERING BUYING property in Australia but don’t know where or how to start when you live overseas? There are a lot of rules and regulations, and a lot of options available when buying Australian real estate. Size, style, type, city, location, new, old, apartment or house- the list seems endless. Plus costs: stamp duty, taxes, …
Imagine you have two children, twins, David and Dianne.On their 21st birthday, for their present you give each of them enough cash to place a small deposit on a home in Australia.David uses the money to buy a house, which he rents out while he lives with his mates. He never makes any further investments, …
Set to forever change Australian property investing and renting. Build to rent (BTR) has been a hot topic in global real estate circles for the last few years. With an increasing number of projects coming to market in recent years in the UK Build to Rent is no longer restricted to industry insiders. Many tenants are …
Naturally, in order to appeal to a specific section of the property market (i.e. those who wish to rent rather than buy), developers are custom designing BTR sites to suit prospective renter’s lifestyles. Obviously, the properties themselves need to meet modern standards of living, and plenty actually exceed expectations if you’re willing and able to …