A question that many potential first time buyers ask is “Should I buy a new build, or should I go for an older property?”
Everyone has their reasons for choosing new or older buildings when purchasing their first home.
If you are faced with this conundrum, why not read on for our top list of considerations before taking your first visit to the estate agents. Continue reading Buying a new build home vs Buying an existing home
The Reserve Bank has slashed interest rates by 25 basis points to a historic low of 2.75 per cent, the first reduction this year.
Its decision to slash 25 basis points is aimed at priming those areas struggling as the economy transforms away from mining, in a effort to boost economic growth in Australia, which is still below trend. Continue reading RBA cuts interest rates to record low
RP Data has released their list of cheapest suburbs to buy a property around Australia, and there are some serious bargains to be had.
The 25 most affordable suburbs are geographically diverse. They are usually a long way from the CBD or nearest capital city, and have a lower socio-economic profile. Continue reading 25 best bets for bargain hunters
While getting out of debt and saving money remains as one of the most popular New Year’s resolutions, unfortunately it does not always work out the way people intended it to. However, with a bit of clever planning and preparation, you can easily keep your finances at a healthy state this coming year. Continue reading Debt vs Savings – Get the Best of Both Worlds in 2013
There are a number of steps that a property manager and landlord can take to minimise the risk of a property falling vacant leading up to and after Christmas / New Year. Most prospective tenants are away holidaying and spending time with family over the festive period and as a result vacancy can be a real problem. Not to mention that businesses take some sort of break and run skeleton staff numbers during this time as well. Continue reading Christmas – a bad time to have a vacant property
Vendors who try and sell property themselves can often be worse off financially than if they used an agent, the Law Society of NSW has claimed.
The Law Society of NSW, which is providing consumers with a series of guides on the buying and selling process, said agents were best placed to help vendors navigate the sale of their most prized asset.
President of the Law Society of NSW, Justin Dowd, said it’s important that vendors understand their legal obligations when buying or selling a property. Continue reading Law Society urges vendors to use agents
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?
A recent study by ANZ Research – Asset Returns: Past, Present and Future – has provided some clear answers.
For as long as people have been securing their financial futures, a debate has raged as to what type of investment offers the best long-term returns.
Well, the study has provided some clear answers: residential property has outperformed all other asset classes over the last 24 years.
Continue reading Property the best investment – past, present and future?
It can be a curly question: How do you sell a property while the tenants are still in place?
Retaining tenants during a sale certainly keeps the rental income coming in. Also, unless the property is dirty and untidy, it will usually present better with furniture and household items making it look lived in and camouflaging wear and tear.
However, there are times when a tenant in residence could be a financially less rewarding scenario. Continue reading Selling with Tenants
Are you a landlord and are feeling vaguely dissatisfied with the service you are getting from your property manager?
It may be that they are looking after the property well enough, but falling short when it comes to giving advice. Continue reading Landlords: Ask for recommendations