Finally the truth is starting to come out. Unfortunately, the reality of what has been happening in the property market is worse than any of us could imagine. A recent report conducted by financial monitoring firm – Mozo – reveals the extent of poor quality builds and their impact on buyers over the past ten years.
Trying to decide whether to buy a home to live in or an investment property can be tricky. Of course, the aim should be to own the property you live in at some point but it may be quicker to invest first, and work your way into buying your home as a second or third purchase.
Those in the know will tell you in relation to property ‘you make your money when you buy’. So what should you be looking for when making your selection? Get insights into the less obvious factors that can add huge value to your property’s potential here.
If you think Australian cities are starting to get a little overcrowded, spare a thought for our island neighbours who are building not one, but four, artificial islands to house their rapidly growing population.
If you had to rely on one data source to forecast where property prices were heading, which category of information would you use? Sneaky insight – the overwhelming majority of property buyers would nominate sales prices.
With so much misleading information flooding through the media, three property experts have banded together to deliver the truth about the property market.
Whether you purchased your home as a renovation project or to serve as your forever home, your house is an investment. And, in the times of Airbnb and student housing, renovating your property for a rental return is becoming increasingly popular.
Yes . . there really is more than one road. Not only are there multiple roads to riches, but there’s also rail and light rail and a host of other infrastructure changes coming your way. It seems all levels of government are finally getting their act together to (try to) deliver sustainable places for us all to live.
In light of the horrendous outcomes still evolving from the Mascot Towers (Sydney) incident and the similar stories coming to light, there’s a timely reminder for buyers considering apartment purchases to check the property prior to purchase.
You’ve made it! You’ve climbed over the paperwork, waded through your search, concluded your purchase and your tenant has moved in. You can now just sit back and count your rental returns, can’t you? Mmm maybe not.
