What are vacancy rates? If you have ever looked at buying an investment property, you are sure to have heard this terminology before. What are vacancy rates? Vacancy rates are the percentage of how many rental properties in a location or market are currently without a tenant or vacant. The rate is calculated by using the number of vacant properties, multiplying that number by 100, and dividing that...
Buying an investment property is a popular asset to own. Both new and experienced investors often have similar reasons why they wish to purchase an investment property. There are many advantages and disadvantages. Here were discuss and summarise them. Advantages of purchasing an investment property: The property market is generally more stable than other investment markets such as the share...
Land is a precious commodity. Some feel it’s the essence of property investment. Are you familiar with the term titled land? In this article we teach you what titled land is compared to untitled. In residential property, titled land is when the allotment has been officially recorded with the Land Registry. If your block is officially titled land it’s been granted a Certificate of Title. This...
Common concerns when buying off the plan. There are many benefits with buying off the plan, however some feel nervous or suspicious about it. In this article we want to highlight some common concerns when buying off the plan. Buying off the plan means you’re purchasing a property before it is completed. Below is a summary of common concerns: What if the builder goes bankrupt, will I lose...
Have you ever considered buying a property off the plan? Why would we choose to buy off the plan? Most people love the smell of a new home... The new floorboards, the silky stone benchtops, the spacious new walk-in-robe or that inspiring hot tub!! There are many amazing things to love in a new property. There are also various financial benefits. However, these can differ depending on the type of...
A roof top terrace is a growing amenity among new modern apartments. Having an amazing view of the Dandenong mountains or twilight views of the Melbourne city skyline are undoubtedly a pleasure. However is it worth it? Some roof top terraces have teppanyaki kitchen appliances or barbecues, a garden terrace and outdoor furniture. Larger apartment buildings can also include a swimming pool, cinema or...
It's time to change your mindset. Here are some success quotes from some of the world's successful people. "In the middle of difficulty lies opportunity" Albert Einstein - Theoretical physicist who developed the theory of relativity, one of the two pillars of modern physics. Price is what you pay for. Value is what you get Warren Buffet - American investor, business tycoon, and philanthropist. Known...
This is the latest Rental Market Snapshot as at June 2020. Here we highlight, metropolitan Melbourne and regional Victoria. According to the The Real Estate Institute of Victoria (REIV) :- The proportion of vacant properties in metro Melbourne has increased from 2.3% in March 2020 to 3.0% in June 2020. The proportion of vacant properties in regional Victoria decreased from 1.9% in March 2020...
Direct property and direct shares are among the most popular investments to own. They both provide an investment return, but lets explore the advantages, disadvantages and what the main differences are between the two investment assets. Direct property For the purposes of this article we will discuss the advantages and disadvantages of residential property. A residential property includes houses, units,...
Property affordability has become a real challenge for many Australians. It has opened up many other strategic ways to buy real estate. One type of property investment is a timeshare. However are they really worth buying? What is a timeshare? A timeshare is a property owned by a divided share. Timeshares are common to properties such as hotels, resort, casinos, snow lodges to name a few. The ownership...