Fussy buyers snub houses that don’t present well

Fussy buyers snub houses that don’t present well If presentation isn’t on point, many buyers keep looking, which is an important point to remember for those wanting to sell in the current market. When property prices boomed, buyers would look past the 1970s bathroom and the untidy garden, but with prices coming down, those looking to sell need to go the extra mile if they are to maximise the sale price. As prices move down …

Aussie housing facing strong headwinds

Aussie housing facing strong headwinds The Australian housing market is in a more precarious position than the United States was before the global financial crisis (GFC), according to a new analysis from AMP Capital which shows households have frittered away record income rises by taking on debt to buy housing. Our mortgage-related debt is higher, property gross rental yields lower (suggesting over-valuation) and our prevailing interest rates are much lower leaving less buffer for interest …

Proposed changes to negative gearing and capital gains tax hit house prices

Proposed changes to negative gearing and capital gains tax hit house prices Australia’s house prices have fallen for 13 consecutive months, with average Australian capital city prices now down 4% from their peak. The once booming cities of Sydney and Melbourne have led the falls over the last year; while falls in Perth and Darwin, which started several years ago as the mining investment boom ended, have continued. Bucking the national trend, prices in Brisbane …

How to invest in property without actually buying one

How to invest in property without actually buying one You don’t have to be a landlord, deal with tenants or put a deposit down on a home to get your foot in the property market. While investing in property may be a dream of yours, saving for a deposit, dealing with tenants and paying off a mortgage mightn’t be. The good news is there are opportunities where you can invest in property without actually buying one, with …

5 risks of going guarantor on your child’s home loan

5 risks of going guarantor on your child’s home loan If you’re going to balance the future of your own home or property on your child’s reliability to pay their mortgage, make sure you’re across the risks. The majority of Aussies take about 3.7 years to save for a deposit on a first home, with a third of the nation taking just over five years1. If you’ve got a kid who wants to get into …

Are young families the most vulnerable as house prices head lower?

Are young families the most vulnerable as house prices head lower? The long-term rise in Australian home prices has led to a huge inter-generational transfer of wealth from the young to the old. A material reversal in property values will go some way to unwinding this, creating winners and losers amongst the generations. Australia has long had a love affair with home ownership, which is illustrated by the strong growth in residential prices over the …

Should your investment journey start with property?

Should your investment journey start with property? When you’re priced out of owning a home in your neighbourhood, is property investing a good solution for growing your wealth? Will renting for the rest of your life cost more and make you more vulnerable? We talked to CERTIFIED FINANCIAL PLANNER® professional Rebecca Fergusson, financial planner at Main Street Financial Solutions, about the pros and cons of property investing as a strategy for securing your financial future. …

A quick guide to property investment

A quick guide to property investment Not only is property the largest asset class in the world, for many Australians it’s also the largest component of their household wealth. Indeed, of the top five people listed on the AFR’s 2018 Rich List, three have accumulated their wealth through property investment. Part of the appeal of property has been that it has proven to be a great ‘store of value’ with prices rising over the long …

What’s next for house prices?

What’s next for house prices? The bottom line is we see more downside in Australian house prices. That is, of course, a broad generalisation and it depends on where you live. Australian house prices have fallen for ten consecutive months driven mainly by declines in Sydney and Melbourne, which are coming off the back of a huge boom. Nationwide, there is likely more downside to go with expectations of another 5% decline. We’ve seen a …

The Shortest Road to Riches

The Shortest Road to Riches Key points Consumer expectations of instant gratification are driving down delivery times   Labour shortages and traffic congestion highlight the criticality of well-located logistics facilities   Rental costs are being pushed up – but rent is a small part of total logistics supply chain costs   New opportunities for rental growth are emerging as logistics real estate grabs a larger slice of the supply chain pie   “Lost time is …