Do I need to use a Buyer’s Agent? Who is a Buyer’s Agent and what are the benefits of using a Buyer’s Agent? Buyer’s agents, also known as buyer’s advocates, are licensed professionals that specialise in searching, evaluating and negotiating the purchase of property on behalf of the buyer. What’s the difference between a buyer’s […]
Rental Shortage Crisis Bites Investors may be returning to the market but their participation remains below long-term averages, leading to a rental shortage crisis. Analysis by Property Investment Professionals of Australia (PIPA) shows that, while between 2007 and 2017 investors made up about 35% of the property market, in the past four years that has […]
And how our beliefs impact our actions Did you know 44 per cent of lotto winners lose their entire fortunes? That’s because it’s not about how much money you have; it’s about what you do with it. Money is a core survival issue. It’s central to our lives, regardless of how much you earn, where […]
Re-financing Hits Record Levels and Home Values Surge Past $9 Trillion A recent surge in switching among property investors has helped lift the amount of mortgage refinancing being undertaken to record levels. Lending indicators released by the ABS show mortgage holders refinanced $17.8 billion worth of home loans to another lender in August – the highest […]
Adapting your attitude for financial success Growth Predicted Next 12 Months There’s a common saying that states your life is only as good as your mindset. And as simple as it is, it’s true. Mindset is a set of beliefs that shape how you make sense of the world and yourself. It influences your thoughts, […]
According to AMP Capital chief economist Shane Oliver, The Reserve Bank won’t lift the official interest rate until 2020. So that’s great news for homeowners and investors. And he’s not the only one to share this prediction, with the cash rate at its current record low of 1.5%, most industry experts agree that there will […]
With property prices on the rise, more and more first home buyers can’t afford to buy the homes they want. But it’s not all bad news; You can still buy property that will go up in value, while someone else pays your mortgage. It’s called Rentvesting and more and more people are using it to […]
House values are tipped to continue rising, with experts backing the market to continue its solid run for the next 12 months.
Continued low supply and high demand is driving up more than sale prices, with new figures revealing rents are also increasing rapidly. SQM Research figures show decade-low vacancy rates and growing demand has lifted weekly asking rents by 13.7% nationally in the past 12 months.
Equity is King So you bought your first home, got a home loan, you’re paying your mortgage in monthly instalments, and everything is ticking along smoothly. You will own your home outright – in a few decades. But you don’t have to wait that long to buy your second property and start building a property […]