What does a property median price mean? The property median price refers to the middle value of a list of property prices arranged in ascending or descending order. It is a statistical measure used to represent the typical or average price of properties within a specific area or market segment. Property median prices, here’s what it signifies: Central Tendency: The median price represents the...
Why should you invest in Victoria? Macro factors that drive fluctuations in the economy also influence the property market. While property markets are cyclical, quality residential properties in good locations held for the medium to long term, have historically performed and remain one of the most robust and popular investment options. Experienced investors understand that downturns are often...
Why does property investment suit so many people? There are many factors that collectively make property investment attractive to a wide range of people. From individual investors looking to build wealth over time to institutional investors seeking stable returns and portfolio diversification. Here are just some of the more common factors why property investment suit so many people: Potential...
Why you should use a buyer's agent to invest. Owning property investment is one of the most reward assets you'll ever own. In order to appreciate the rewards, it all comes down to making the right property investment. Buying a property make sometime look easy, but you really need to know hat you are doing and ensuring the asset suits your objectives, risk tolerance and time frame. At Crest Property...
Tips for property investors. If you are considering purchasing an investment property here are 6 tips to review before proceeding. Tip No. 1Buy an investment grade property. This means buy a property that is worthy of an investment not a luxurious home that you'd only live in. Buy with your head, not with your heart. Buying a property close to public transport, schools and lifestyle amenities will make...
Here are some uplifting financial quotes from some of the most inspiring and successful people. “Money is only a tool. It will take you where ever you wish, but it will not replace the driver" — Ayn Rand, famous author and philosopher “If you don't find a way to make money while you sleep, you will work until you die.” — Warren Buffet, worlds greatest entrepreneur “Don’t worry...
Maximizing your investment property returns requires a combination of strategic planning, effective management, and making informed decisions. Investing in real estate can be a very rewarding asset class. By receiving good property advice you can maximise your investment returns. In this market insight we share some ideas to have you thinking outside the box. Here are some key steps to help you achieve...
Why property investment can benefit you. A well thought after investment strategy can undoubtedly benefit you now and into the future, but property investment has to be among the most rewarding. In this market insight, we highlight some of the best opportunities property investment can offer you: 1. Property investment is a tangible asset To have the ability to touch and feel your asset goes a...
How to find a great tenant. Finding a great tenant for your rental property is crucial to ensure a smooth and profitable landlord-tenant relationship. Here are steps to help you find a great tenant: 1. Prepare Your Rental Property: Make sure your property is clean, well-maintained, and in good repair. Address any necessary repairs or upgrades to attract quality tenants. 2. Set the Right...
Comparing positive and negative gearing. Positive gearing and negative gearing are two different investment strategies used in real estate, particularly in property investment. They refer to the financial outcomes of an investment property in terms of cash flow. Here's a comparison of positive and negative gearing: Positive Gearing: 1. Definition: Positive gearing occurs when the rental income from...