Did you know what the median house price in Sydney was a decade ago? Well, it was about $640,000 and had been hovering around that level for a few years. Buyers agents started buying in the Harbour City back then because they knew the fundamentals that drive market upswings were well under way. By 2012,…
DetailsDo you know the difference between a superior investment property and an inferior one? Well, it is – quite simply – due diligence. Of course, as buyers’ agents, this is the key element of the services that we offer our clients every day. We spend countless hours researching locations before they are on anyone’s radar…
DetailsAmongst the many outdated property investment notions is that rent money is supposedly dead money. However, there is a caveat to that concept. That’s because life-long renters will likely always struggle financially later in life. By the time they reach their twilight years, they generally won’t have the property assets to create a comfortable retirement.…
DetailsAt the tail end of one of the toughest and most unusual years any of us have experienced, there has been something that happened that has also happened many times before. At the start of the pandemic, seemingly, the property sky was set to fall in ways that had never occurred before, according to plenty…
DetailsBack in March 2019, most people were concentrating on the outcome of the Federal Election here in Australia. Different housing policies by the two major parties had plenty of investors nervous – and the property market bore the brunt of that temporary unease. But, at the same time, the national economy was in no great…
DetailsDid you know that the purchase of vacant land has doubled in the past year in Australia? In fact, about $1.3 billion in new loans were recorded in August for owners occupiers buying vacant residential land around the nation, according to the Australian Bureau of Statistics. Now, it doesn’t take Einstein to work out why…
DetailsIt is unfortunately common for falling house prices to become a hot topic during economic downturns. During the pandemic, this has again been the case, with some early “predictions” forecasting imminent double-digit property price falls. Of course, nearly six months into the crisis that has not been the market reality with median dwelling prices posting…
DetailsOne of the many mistakes that new property investors often make is to adopt a “set and forget” mindset. What usually happens is they buy an investment property, appoint a property manager, and then, well, do nothing. Before long, their property is rented for less than it should be, or perhaps they decide to sell…
DetailsWe often receive enquiries from potential new clients whose first investment property is costing them money. Sometimes, it’s because they have unfortunately bought the wrong type of dwelling in an inferior location. But, quite often, their property could be neutral or even positive cashflow if they just did one simple thing. What I’m talking about…
DetailsThere is a belief in some property investment circles that off-market deals are always the golden real estate goose. If a property is offered to you off-market, then seemingly it must make financial sense to buy it. The truth of the matter is that sometimes it’s best to give off-market deals a wide berth –…
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