buying property investment
I’m worried about the Melbourne property market
I’m a little worried about the Melbourne property market. Now that’s probably not something you expected to hear from me, especially since I’ve added 4 Melbourne investment properties to my portfolio in the last two months alone, but the truth is….I am a little worried.
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Melbourne’s Million Dollar Suburbs and Streets – Kosta Mesaritis
Melbourne’s property market continues to perform strongly with house prices now at record levels and up 19.5% over this latest growth cycle. The latest research by Onthehouse.com.au has revealed that Victoria is the second wealthiest state when it comes to residential property, with 12.4% of dwellings in the metropolitan area valued at over $1 million.
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Are great property investors born or made?
Are great property investors born or made? If you’re like me you were told from very young age that if you want to succeed at something – be it sport, school or a musical instrument – that you must put in time, hard work and importantly, practice. Most of us learnt our times tables by
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An apartment oversupply in Perth is looming
Perth is facing an impending apartment glut, as property developers remain active at a time that the economy is cooling and subdued population growth lessens the demand for property. But this is reasonably typical of the boom and bust of the property cycle…
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More apartments being built in Melbourne than ever before
There are more apartments are being built in Melbourne now than at any time in the city’s history. Almost 6,000 dwellings have been completed or are set to be finished by the end of this year, nearly three times the annual average over the past decade, according to an article in the SMH who produced
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What’s really to blame for high property prices in Melbourne?
It was great news to hear that our property markets finished the financial year with values around 10% higher than 12 months ago. But what is behind this strong price growth? Is it ugly greedy property investors? Or is it overseas investors like has been bandied around in the media? Well…
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Can You Really Buy Off Market Properties in Melbourne?
“Off market” properties – What are they? Why would anyone sell this way? Are they really around and why should you consider buying one?
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Interest rate war erupts as major banks lose market share
More home loan borrowers are flocking to smaller banks and stealing market share from the major banks according to new research from RateCity .
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Mid year state by state property market roundup
2014 has certainly has been an interesting year for those interested in real estate. While many started the year with confidence, the last few months gave us a few reminders not to get too “cocky”. Our property markets have stalled and while some pessimists are predicting this is the beginning of the bubble bursting, how
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How much do you need in super to retire comfortably?
The majority of Australian baby boomers don’t have enough superannuation for a comfortable retirement and that’s a worry! So how much do you need in your super to retire comfortably? It may not surprise you that a research paper recently released by REST Industry Super showed that 74% of baby boomers have no idea how
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