There are many common challenges for new property investors, but all can be removed if you make good preliminary decisions in advance. In this market insight, we take the opportunity to share some of the most common challenges, but no means all of them. If you can manage them well, you'll soon be able to enjoy the benefits and rewards of property investment. Time management: It takes time to learn how to...
The correlation between land-to-asset ratio and capital growth. Not all investors make note of this fundamental in their investment decisions. Some of the more experienced investors would have heard this term, but many don't quite understand how to use it. In this market insight, we discuss what a land-to-asset ratio is, how it can demonstrate capital growth potential and how not to use...
Rental Market Snapshot: The Melbourne property market continues to improve in both vacancy rates and higher yields. The demand continuous to outstripping supply, which is expected into the new year. Regional Victoria continues to demonstrate better vacancy rates to Metropolitan Melbourne, however median rental prices in Melbourne is starting to increase. According to the The Real Estate Institute of...
Wear and tear occurs over time, particularly when the property gets older. The question asked by many investors is who is responsible? When does it fall on the rental provider or the renter? In this market insight we share some helpful information to help you determine who may be liable. Please note, we highly recommend discussing this in advance with your property manager. They are up to date with the...
What capital growth properties have in common. When buying an investment property, we all make the decision on the basis of making money. Property investment offers three unique returns, rental (income), tax entitlements and capital growth. In this market insight we highlight the common themes that are seen in a properties that receives capital growth. 1. A good location One of the most...
What sort of construction happens before land titles? When buying a house and land package, the build obviously can't commence until the land settles in your name. There is quite a bit of construction relating to the land component and in this market insight we share some of the process to help you appreciate why it takes time for a land allotment to title. Here is a snapshot: Construction of...
Here are some financial quotes from the best business people on the planet. "If you buy things you don't need, soon you will have to sell things you need." Warren Buffet - American investor, possible know as the best ever. "Financial independence is the ability to live from the income of your own personal resources." Jim Rhon - American entrepreneur, author and motivational speaker. "A big part of...
How to select the right townhouse. Due to the continuous increase in land prices in Australia, the prices of independent homes are rising, so many home buyers and investors are now targeting townhouses with higher cost-effectiveness. So how to choose an excellent townhouse? What kind of townhouse is a good design? How do you maximise living comfort and ensure that the properties you invest in is...
Should I buy brand new or established property? There is no right or wrong answer but they do offer distinct differences. In this market insight we share some of the advantages and disadvantages to help you assess what's right for you. If you are buying to occupy or invest, its important you understand your circumstances and what you are actually buying in advance. Buying off the plan: Buying off the...
Residential Tenancies Reforms - Regulation 13. This section covers off the latest safety related activities from Residential Tenancies Reforms. This is an extract for property investors needing some insight to what they are now responsible for. Electrical safety activities (1) The residential rental provider must ensure that an electrical safety check of all electrical installations,...