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Super Saver Offers Leg-up

A boost for younger Australians seeking to buy a home will apply from July 1. For those who have previously struggled to save a deposit, the Federal Budget might just get them over the line. The First Home Super Saver Scheme allows first-home buyers to salary sacrifice up to $15,000 per year of their wages… [Read More]

The Deception of Auction

The real estate world is full of deception. The Auction results as reported by the media is just one example. Over recent weeks we have seen a well-known reporter of results record some interesting figures. They reported that only 3 properties were offered for sale by Auction that particular weekend. The report advised none were… [Read More]

Terry’s View

Next time you read about Australia’s so-called debt crisis, consider this: ABS data shows that household net worth across Australia is $9.4 trillion. This comprises $11.7 trillion in assets, minus $2.3 trillion in liabilities. That amounts to a huge level of equity in the average household. Over the 12 months to December 2016, net worth… [Read More]

More Banks Lift Mortgage Rates

Commonwealth Bank, ANZ and St George have joined NAB and Westpac in another out-of-cycle increase in mortgage rates for investment and owner-occupier loans. ANZ has lifted investor home loans for existing customers by 25 basis points to 6.85%, while existing owner-occupiers making interest-only repayments will see their rates rise by 2 basis points to 5.45%…. [Read More]

HOW TO FACE YOUR PROPERTY FEARS HEAD ON

Real estate cycles come and go, but one fact always remains true – there is no exact science to property investing. As much as we would like to believe we can control every part of the process, the reality is that investing in property is rarely a bump-free journey.  However, you can minimise your risks… [Read More]

Houses Not Over-priced say Banks

The chief executives of National Australia Bank, Westpac and Commonwealth Bank say that while they are worried about elements of the housing market, prices aren’t over-inflated. Westpac’s Brian Hartzer says a bubble isn’t occurring in Sydney or Melbourne, where house prices have risen the most. National Australia Bank’s Andrew Thorburn says there are increasing risks,… [Read More]

Managing the Sale

BY PETER O’MALLEY – Author of Real Estate Uncovered During the sales campaign of your property, the agent will more than likely have to make some recommendations. Whether these recommendations relate to the marketing, the price or whether to accept or reject an offer, their significance cannot be understated. On average most people sell real… [Read More]

How to attract a good tenant and keep them

By Andrew Trim Good tenants make property investment a less stressful experience. They lead to reliable cash flow, a reduction in turnover rates, less wear and tear on the property and generally less work overall. But how do you find the perfect tenant? Once you find them, how do you keep them? While there may… [Read More]

Albury Wodonga Market Update

The graph below, as produced by RP Data, tells an interesting story, but that’s all – an interesting story. As I have said in previous articles, the median price statistics don’t always tell the truth, but it’s the best we have access to. It seems the median price for single residential dwellings in the Local… [Read More]

Houses Selling Within a Month

It only takes about 31-32 days to sell a home in Sydney and Melbourne, says a new report by data firm CoreLogic. This is down from 70 days in January and February earlier this year. In Sydney, property sold within 32 days in September this year, compared with 46 days in 2012. In Melbourne, the… [Read More]

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