People investing in property or upgrading the family home are expected to bolster Australia’s property market into 2010.
But plenty of economists are still warning that Australians are paying the highest ever house prices relative to income.
Even finance gurus like “Rich Dad, Poor Dad” author, Robert Kiyosaki, are saying the biggest-ever real estate bubble is about to burst. So how do people know if it’s the right time to dip their toe in and buy an investment property? Continue reading Property Investment: Is It Time to Buy?
The central western NSW town of Mudgee, a hotspot for mining, agriculture and tourism, has been the top-performing NSW housing market over the past year, according to the latest Residex regional market update.
Mudgee district house prices are up 7.44% for the year to August, with a median house price of $272,500 following a gain of less than 1% in the previous 12-month period.
Residex reported a 16% jump in sales in Mudgee over this period, with 548 properties selling. Continue reading Mudgee leads list of 10 top-performing NSW housing markets with prices up 7.44%: Residex
Once a property has been sold, there is a period of time between the contract being signed and the handover of keys, in which a number of important steps must be completed.
When reading through the overview below, the following terms are used:
Vendor: The person or entity selling the property
Buyer: The person or entity buying the property
What does the term ‘property settlement’ mean?
Continue reading Property Settlement 101
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. Continue reading Make the most of your investment dollars
Property co-ownership offers an innovative home ownership solution that cuts the costs of buying a home in half (or even less) depending on the number of people involved.
What is property co-ownership? Continue reading Co-ownership – Could you? Would you?
It’s that time of year again, when thoughts turn to tax returns and receipts. But are you making the most of your tax benefits?
There can be numerous tax and other benefits associated with owning an investment property. The trick is to know what they are and how to make the most of them over the short and long term. But what are the key tax benefits available to investors? Continue reading Tax tips for savvy investors
In light of the recent tragic floods, many people, including myself, have looked at their insurance policy to see what they are covered for.
I can’t comment on what defines a “flood” or not…but I can give advice on what investors or homeowners should consider when taking out home insurance. Continue reading Flood, fire, disaster – insurance for your property should be top of mind