Posts Tagged ‘real estate’

Why you should invest in Newcastle

Located 160km north of Sydney’s CBD, the harbour city of Newcastle has so far escaped the astronomical prices that Sydney’s real estate market has become famous for.

However, with $6.5 billion in NSW Government funding set to reinvent this once industrial port city, Newcastle is on the verge of significant property price growth.

In this three-part series, we explore the reasons Newcastle is becoming the next … Read more »

Rentvesting: a growing trend for real estate owners

Like millions of Australians, Emilia Rossi is a tenant.

But unlike most of those tenants, Ms Rossi also owns four investment properties across three states.

She is among a growing breed of real estate investors who chose not to own their own home. Known as “rentvesting”, the strategy sees people using investment property growth to build a deposit, or they rent a property that fits their … Read more »

Savvy investors shun Sydney and Melbourne, and look to Adelaide

Australia’s housing affordability crisis is forcing young people to take extraordinary steps – whether it’s a home a long way from the city or a tiny spot in a block of flats.

Sydney IT accounts manager Rob Cooper is one homebuyer who’s looked outside the square. He rents in Woolloomooloo but can’t afford to buy there, so he’s purchased a rental property in a trendy city suburb … Read more »

Brisbane On The Cusp Of A Once-In-A-Generation Boom

Brisbane-based property developer and media entrepreneur Adam Di Marco has made a compelling case for the Brisbane’s future prospects.  The Urban Developer insists that property investors “get in early” when it comes to the Brisbane market.

There is an unprecedented amount of infrastructure projects currently underway in Brisbane. Amongst these include Queen’s Wharf, Howard Smith Wharves and the Brisbane Airport duplication. Di Marco urged the industry to look beyond the traditional media … Read more »

A fair go for first home buyers

The NSW Government has developed a new package of measures designed to improve housing affordability across NSW.
1. 75,000 new homes are expected to be built across Sydney in the next financial year, which is double the long-term average of 40,000, and Councils are under even more pressure to rezone more land for housing as part of the state government’s determination to increase the supply of new homes in the city.

2. Not … Read more »

What to expect from a high-end apartment

High-end apartment renters tend to have an image in their mind as to what they are going to get in return for their significant investment. Whether these expectations are realistic, it is never a bad idea to receive insight as to what the actual reality is whether it’s better or worse than your assumptions.

If there is one thing for sure, it is that high-end renters want … Read more »

How to secure a mortgage

You hear about people getting mortgage loans all the time, in fact, it seems to be the most talked about subject when it comes to buying a house and is spoken about in very casual manner. Unfortunately, this perspective can lead us not to know the first thing about mortgage loans and leads us to assume that it just “happens”.

The fact is, to secure a mortgage … Read more »

More Sydney suburbs have a median house value of $2 million than a median value under $600,000

Source: CoreLogic

We take a retrospective look at median dwelling values across the suburbs of Australia to show the deterioration of more affordable housing across the capital cities.

A retrospective look at median dwelling values across the suburbs of Australia shows the bracket creep that has occurred over the current growth cycle, highlighting the deterioration of more affordable housing across the capital cities over the past five years.

At the end … Read more »

Stamp duty: what is it and what do I need to know?

When you purchase a property, you are required to pay numerous fees and charges up front. One of these is stamp duty, and is payable on almost all property purchases.

What is stamp duty?

Stamp duty is a tax, charged by the government, from the sale of a property. It covers the costs of things like changing and transferring the title and ownership of the property. Each … Read more »

The power of leveraging property

It could be argued that the main reason people invest in property is to build wealth, right? It might seem like you need to already have huge amounts of savings before you can start investing in property, but that isn’t necessarily the case. While it is a good idea to have cash flow and money to fall back on, there are ways to use your money wisely to … Read more »