Two years ago, Reserve Bank governor Glenn Stevens gave punters a very public warning not to bet on house prices rising. It turned out to be good advice. Now the RBA is pointing to housing remaining subdued until lower purchase prices, higher rental yields and population growth get us building again.
More »Archive for the ‘Property Investment’ Category
Mortgage appetite rises
Appetite for mortgages has risen for the first time in two years, unofficial data show, offering hope that home prices may lift in the months ahead. Mortgage inquiries rose in 1.5 per cent in the first quarter of 2012, compared to the first quarter of 2011, according to Veda’s Consumer Credit Demand Index. They ticked [...]
More »Time for that Tax Valuation
Now’s the time to start the ball rolling so that your property report can be completed well in time for the end of the financial year. Whether your investment property is a residential or holiday rental, The Property Shop Mudgee has the expertise to prepare the reports that are essential if you’re to keep your [...]
More »Auction Action is Heating Up!
Auctions are becoming increasingly popular and hugely successful in the Mudgee area as vendors rush to cash in on the fact that demand currently exceeds supply. According to The Property Shop’s Hugh Bateman, private sales have traditionally been the marketing method of choice in the area but this is rapidly changing.
More »Renovate or rebuild: How to go up in life
A family’s budget-friendly transformation gives their cottage twice the previous space. The Hamilton family finished their budget renovation four months ago so the question is: what does $300,000 get you?
More »Rent + Deductions = Money in the bank
Did you know you can make money from your home without selling it? Some home owners in the Mudgee district, for example, are increasing their income by renting out rooms within their homes. This has occurred in response to the population growth in the area resulting from the mining expansion, with a corresponding rise in [...]
More »How to get a good return on your investment property
When you buy an investment property, you’re investing a lot of money in your future. So you want to make sure you do everything you can to ensure you achieve a good return on your investment.
More »Make the most of your investment dollars
Knowing your limits and the market will help to expand your property portfolio. Why do some people struggle to buy one investment property and yet others manage to own five or six? The answer isn’t simply that they have more money.
More »Goodbye McMansions
More than one in 10 Australians downsized their home last year to lower their housing costs, according to a new report. The Citibank research has also found 63 per cent of people don’t think home ownership will be an option for their children, while almost three-quarters think the Government needs to do more to help [...]
More »Interest rates unchanged
The Reserve Bank has left its key interest rate unchanged for a second consecutive month as it weighs improving global conditions against a patchy economy at home. As widely expected, the central bank left its cash rate unchanged at 4.25 per cent, a result tipped by all 19 economists in a Bloomberg survey.
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