A key factor in the growing popularity of these two locations is their relative affordability
With competition for good local stock heating up, Aussie investors may soon have to seek greener pastures abroad
Fear of being evicted without grounds keeps many tenants from addressing various abuses
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He'd probably struggle to spell 'motivated seller', or tie his own shoe laces for that matter, but a three-year-old has been let loose on the house hunting public by his real estate agent father.
Are you considering investing in property in the USA? Buying a property in an unfamiliar overseas market can seem like a daunting task, but Your Investment Property has uncovered four top tips to help you to navigate the American housing market.
Are you on the lookout for a suburb that you can get into for $500,000 or less that has excellent investment prospects? There are still plenty of options on offer across Australia but, be warned, investors in some well-known hotspots may get their fingers burnt.
Are you looking for tax tips to save you money as the end of the financial year looms? You’d be well advised to take a good look at your depreciation allowances to make sure you’re claiming your full entitlements. You may be able to cut thousands from your tax bill, and even turn a negatively geared property into one that actually puts cash in your back pocket.
Do you own an apartment in Melbourne? You may have to start dropping your rents to attract tenants as the market heads into oversupply. And don't expect capital growth to come your way for some time to come.
How does a 1% interest rate cut sound to you? According to an economist from one of the country’s Big Four banks, the RBA could spring four more interest rate cuts on the Aussie public this year. But will the lenders follow suit?
In welcome news for investors who are banking on improved sales activity in the property market, the nation’s level of housing affordability has improved once again. But some states fared better than others, and a dramatic Aussie real estate comeback may still be some way off.
Picture the scene: you’ve secured an investment property, left its upkeep in the hands of a local real estate agency... and the next time you visit you find out it’s been sold by Nigerian scammers without your consent.
Do you see real estate agents as essentially untrustworthy souls who are a necessary evil of the property investment game? You’re not alone.
Is now the time to buy before the rest of the pack jump in? Property investors have been tipped to return to the market in larger numbers as the slowing rate of house price declines hits home.
As a property investor, you would think that you’d have a keen eye on the incomings and outgoings on each and every one of your properties, but one mystery owner has had to be tracked down by private investigators to be given her rent after 22 years.
Are you considering discounting to make a sale? Spare a thought for the owners of these properties, some of whom have had to cut as much as 41% from their asking price.
Forget Perth, the latest RP Data figures show that the country’s fastest growing suburbs for property prices are largely small towns in rural Australia. They represent some of the more surprising markets for capital growth – headed by Cleve, a small town on South Australia’s central Eyre Peninsula, where prices have surged 48% since March last year.
It has been suggested that ‘mortgage apathy’ is leading an increasing number of potential first homebuyers to drop out of the property race at a time when they remain a vital driver of price increases.
Would you invest $1m in a parking space? The developers of a garage in New York City are banking on a well-heeled buyer deciding that secure parking for their Ferrari is worth the million dollar price tag.
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