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Sydney Home Values Surpass Their Previous Peak
In his latest article, Cameron Kusher, senior research analyst at RP Data, states that home values of mid-range suburbs across Australia’s capital cities have increased this year. In Sydney, housing prices for both the mid-priced and the most affordable segment have risen above their previous peak this year. On the other hand, home values of the…
Tagged: sydney property market -
The Importance of Hiring a Property Manager
Managing your own investment property could have its advantages and disadvantages. What a landlord like you should keep in mind, however, is that saving money is not always the best option. Sometimes, it could cost you much more in the unforeseen future. So, here’s a list of advantages if you hire a property manager.
Tagged: property investing -
Why Your Property Investments Are Doing Badly
It’s a fact that investing isn’t easy, especially for those who are afraid of taking risks. If you’re an investor, you might be interested in what Michael Yardney, director of Metrolpole Property Strategists, says about the reasons why your investment is doing badly. Yardney highlights the 10 most common mistakes newbie investors make that regularly…
Tagged: property investing -
5 Mistakes Buyers Commonly Make in Purchasing an Investment Property
When you’re excited to purchase a strata-titled property, you always make mistakes out of excitement. Aidan Devine, from Your Investment Property, highlights the five most common mistakes that investors make during their purchase. According to Devine, most investors forget the check the financial books of the company and records of repairs done in the past.…
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New Data-Matching Technology to Scrutinise Property Sales
ATO’s newest weapon against tax evasion – data-matching technology. 10.4 million taxpayers will face scrutiny regarding their residential and commercial property sales with the Australian Tax Office. ATO is more than eager to implement their high-tech data gathering computer systems worth $800 million. Larry Schlesinger from Property Observer highlights the things that this new data-matching…
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Population growth should bode well for the Australian housing market
Australian population is growing at a good rate and it augurs really well for real estate. Macroeconomics suggests that population growth is always a key indicator for the property market. For an year upto September 2012, the population spurted by 1.71%, says Michael Yardney for the Property Update. This is much higher than the 30…
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