In the view of Peter Kouilzos, 2014 is beautifully interspersed with buying opportunities. In an article for the website realestate.com.au he asserts that the investors would love how 2014 shapes up and least because of a super growth in prices. It is just that so many factors are expected to combine well to make it a happy-hunting time for property investors.
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Three Distinct Phases of a Property Cycle
While writing an article for the Property Update, Pete Wargent uses his inimitable style to shed light (in strictly layman’s terms) on the three or apparently four phases of the property cycle. He also debunks the myth of an impending burst of the property bubble.
Government Seeking Excuses for Lack of Infrastructure Growth
Chinese buyers bought $5 billion worth of property across Australia in 2013. This heats up speculation that rampant foreign investment has forced local investors out of the market. Even as the media keeps reiterating on this line, Vivienne Kelly resorts to data to guide us through. In an article for the website Smart Property Investment, she suggests that the total worth of property sold in 2013 was $240 billion. What percentage is the Chinese investment then?
Co-investing in property with your loved one
Michael Yardney speaks about the prospect of co-investing in properties with your loved ones. In an article for the website Real Estate View, he addresses the situation suggesting that the intent is right but the results may not be something to be jubilant about.
Investing with your loved ones can bring money into the equation, at times compromising the strength of emotional attachment. Yardney also speaks unequivocally about instances of faulty borrowing, jeopardised future creditworthiness, misuse of equity, and ill-decided exit plan, among other things, in the event of investing with friend or family.
Ideally, asserts Yardney, you must compartmentalise roles and prefigure who will take up just what. Such roles may include, but are not restricted to, defining goals, responsibilities, legal and financial obligations, and profit distribution.
You can read the original article here.
How did you go ahead with the idea of investing with your loved one?
NSW Borrowing the Highest Sum For Homes
In a bid to realise their dream of home ownership, Australians are not shy of borrowing more. In an article for the website realestate.com.au, Venessa Paech reports that the national average home loan size has increased by 6.4% over the last couple of years. On an average, people are borrowing $319,200 for fulfilling their ownership ambition.
Properties Available for Sale Take a Hit In Sydney
Number of properties up for sale in Sydney has plummeted by 17% over the last year. This brings the listings at par with the 2008 figures. An article on the website Smart Property Investment throws light on the subject.
Only 20,080 properties are listed for sale presently and this can drive the prices beyond the ceiling. Taking cue from Jan 2009-Jan2010 performance when house prices had spiked by 19.6% despite higher number of listings, investors can expect some serious capital growth in Sydney.
The drop of 17% in number of available properties is bound to make news as Melbourne, an accepted yardstick for Sydney’s performance, has only conceded 5.4% in its listings.
You can read the original article here.
Do you think undersupply might make housing unaffordable in Sydney’s case?
