All Entries in the "Property News" Category
Do Units Experience Higher Property Growth Than Houses?
I was just flicking back through an April Your Investment Property magazine and saw a chart that had interesting figures that I wanted to share.
There was a list of the Top 30 locations in Australia for growth. Now these figures were put out by RP Data in December 2009, but I still thought it was [...]
What Give Property Investors A Higher Rental Return?
How investors get a higher rental return is something that beginner investors try to understand.
There are many different options put out there, anything from refurbishing to full renovating, but there is one other criteria for higher rental returns.
Position, Position, Position
That’s right. It’s the ’same old, same old’ with real estate. Position, Position, Position. But usually [...]
Has A Property Of Yours Ever Been Abandoned?
One set of circumstances that property managers and self-managed property investors may encounter is the property that has been abandoned by a tenant.
Dealing with a property that has had the tenants leave without notice can be very difficult, but it must be noted here that in dealing with this situation property managers must take the [...]
“Off the Plan” buyers had decision against them
An interesting case was described in the recent REIQ Journal where a development company was aiming to achieve settlement of a unit it had built for a purchaser.
Briefly, the unit was completed and transfer documents requested from the developer’s solicitors by the purchasers’ solicitors, then the purchasers refused to settle on the grounds of non-compliance [...]
Property Finance – Lenders are required to be registered
The National Consumer Protection Act has new guidelines which have taken effect from the 1 July 2010.
The Australian Securities Investments Commission (ASIC) has now been appointed the national regulator for financing, broking and consumer credit. This step takes the responsibility away from the states and makes this a national licensing regime. All providers of consumer [...]
Contract Clauses When Purchasing Investment Properties Off The Plan
Purchasing ‘off the plan’ has upsides and downsides. Because a lot is left to the visual imagination of the buyer from plans and drawings, a clear insight into any personal requirements needs to be discussed before signing a contract.
Some buyes are very lucky in that they have strong visualization abilities and can easily see correctly [...]
Looking to the Future In Property Investing
Investing in property is a sure way to grow wealth, but it is obvious that any upward growth in wealth is not a smooth path.
Keeping a focus on growing wealth is a long term goal and with that in mind it is always mindful to know what expectations are being made by government bodies or [...]
Australia Struggling To Supply Housing
The National Housing Supply Council’s recent State of Supply Report shows that Australia will struggle to accommodate the growing population. Their estimate is that over the next 20 years Australia will need to house 28 million people with the greatest pressures in Melbourne, New South Wales, South East Queensland and Perth.
The report also shows that [...]
Where to Find the Cheaper Investment Properties
We still read the cry that first home buyers cannot get into the market place but a very interesting current report came from RealEstate.com stating that 21.8% of houses purchased in Sydney actually sold for a price below $350,444 (the average house price in New South Wales).
Where were these houses?
In the outer suburbs as we [...]
NSW Stamp Duty Off-The-Plan Initiative
The building sector is celebrating the NSW Government announcement on 8 June 2010, that as of 1st July the purchaser of a new home or apartment buying off the plant will be exempt from paying Stamp Duty.
This initiative will most definitely be welcomed by the building sector and home owners alike.
There is the opportunity to [...]
