There are many factors that determine how much you can or should spend on a home renovation. University of Canberra researcher Gregory Mowle wants you to answer these questions. By Gregory Mowle, University of Canberra Home renovation has long been something of a national sport for many Australians, but community demand for home fix-ups has… Read more »
If you want to make sure you never overpay for a property it pays to keep your emotions in check. I pride myself for never becoming emotionally entangled in a property purchase, but that’s easy for me because I am an accountant by trade. I’m pretty sure most accountants are born without emotion anyway! But… Read more »
When you buy a home it’s crucial to do whatever’s possible to protect your property. There are both physical and financial steps to take to ensure you’re safeguarding your investment. Here are five big ones to cover off to make sure everything is, well, as safe as houses. Get the best mortgage deal It goes… Read more »
It is one of the age-old questions asked by property buyers. In a particular area, is it cheaper to rent or buy? Property analysts CoreLogic has come up with the answer. Servicing a mortgage is now cheaper than paying rent on 36.3 per cent of Australian properties. Which means for 64 per cent of properties… Read more »
There are definitely some key property investment warning signs to keep an eye on. That said, I am a firm believer that when it comes to property investment there isn’t one single ‘right strategy’ that suits everyone. Choosing a successful strategy should come down to your attitude to risk, time availability, skill, and financial circumstances… Read more »
Welcome to Australia’s property market, it’s boiling hot with minimal signs of cooling down. According to data from CoreLogic, Australian capital city property values have increased by 26.17 per cent on average over the past five years. In Sydney, the average house price is predicted to skyrocket by $216,000 this year alone. As Australia’s property… Read more »
Property and shares are the two most common ways of building wealth in Australia. But which one is better for you? Shares and real estate have both generated reliable income and capital returns for Australians over the long-term. However, whether to invest in property, shares (or both) often leads to heated debate. The 67% of… Read more »
The ‘rent or buy?’ question has been a hot one for a number of years now. The deterioration of home affordability because of rising property prices is an ongoing critical issue, particularly among young Australians wanting to buy a first home. If you’re struggling to meet the market and buy your first home, maybe the… Read more »
You’ve been saving hard for a deposit for your first home and reckon you’re just about ready to buy. But are you? It pays to remember the loads of extra costs of buying a home. In this week’s show, Sally Tindall from RateCity talked us through the many additional costs to look out for. Spoiler… Read more »
The continuing low interest rates has reignited the debate. Should you pay off your mortgage or invest? Mortgage interest rates are now around 3% and likely to go down further, so if you’re living the Australian dream and own your own property, your mortgage repayments could be less of a financial burden now than they once… Read more »
