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CoreLogic’s November property market analysis saw house values rise 1.3 per cent for the month – the 14th consecutive monthly rise – for an annual rise of 22 per cent. That means the median value of an Australian house has risen $126,000 in a year. That’s a $126,000 increase in the equity in your property, which means… Read more »
New research from CommBank has revealed that a quarter of Aussies have considered buying into a property share. When asked what was driving the property share trend, over two-thirds said affordability was the main reason. This was followed by buying a bigger/better property and spreading the financial risk if anything went wrong. Property share makes… Read more »
Many people become a property investor to open a new investment stream, but it can be a full time job. Owning property requires work and time and there can be a lot of responsibilities, rules and costs. So why should you invest in property if it presents such headaches? Well, the answer is simple. The… Read more »
There are benefits for home owners during a property boom. One is that the equity in your property rises, adding to your wealth. While the value of a loan basically stays the same, or reduces if you’re on a principle and interest loan, a rising property market means the share you own in your place… Read more »
Receiving “conditional” loan approval from your lender gives you the confidence to start house hunting in earnest, but it’s still not a done deal. Finding the perfect property takes time, and so does securing the perfect home loan. You can’t rush these things. Don’t wait until you’re standing on the nature strip, trying to outbid… Read more »
The average mortgage has increased substantially as the property market continues to cook. During the week APRA took steps to cool things down. Both Reserve Bank Australia (RBA) and the federal treasurer have said they won’t increase interest rates to cool the overheated property market. They want the states to do it by allowing more… Read more »
Australia’s first national network of buyer’s agents BuyersBuyers, says that a renewed focus on property through the pandemic has helped to drive a record increase in Australian household wealth. “The latest Australian Bureau of Statistics figures showed total net wealth increasing by $735 billion or 6 per cent to a record high of $13.4 trillion… Read more »
Don’t underestimate the impact of psychology on a property’s sale price. After all, for many, buying a home is much more of a psychological decision than a logical one. With the real estate market undergoing an unexpected boom, more property owners are considering selling up. Whether it’s to claim capital gains accumulated over the years,… Read more »
Australians might be obsessed with property, but it’s not the only way to invest your money. The team at Equity Mates outlines some alternative investment avenues you really should consider. You don’t have to be a genius to make money from investments. When it comes to investing, Australia is a very bricks and mortar country,… Read more »
A rudimentary understanding of the property cycle can give you the confidence to snap up some great deals to cleverly boost your property portfolio when others shy away. I’ve been at many a dinner party discussing whether we’re at the top, the bottom or somewhere in between of the property cycle. General consensus seems to… Read more »
