Soaring house prices and ultra-low interest rates have pushed many residents into rental properties
Twenty-five of the best suburbs can be found in Sydney, 20 in Greater Melbourne, and 15 in Greater Brisbane
Australia has one of the highest pet ownership rates in the world
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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.
Do you tend to see annual tax refunds as an opportunity to splurge ‘free money’ on luxuries? With the world’s economic worries looming large, now may be the time to put refunds toward reducing your home loan, say experts.
Are you worried that your property investment expenses will see you resorting to living on baked beans to get by? Your Investment Property reveals five top strategies to get some bounce in your budget.
There are good property managers, and there are bad property managers – and the bad ones can cost you big bucks in damage and unpaid rent. Your Investment Property offers seven top tips to make sure yours isn't a bad apple.
Is the Queensland property market turning a corner? New figures suggest that property prices in the Sunshine State have finally bottomed out, and are bouncing back strongly in some areas.
Are worries about job security and taking on a large debt holding you back from making your next property purchase? You may not be alone…
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According to AsSIC they have gone insolvent.. Good job!