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Tracey’s Property News
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Mortgage borrowings close to peak years
Doomsday predictors are never short on work- after all, rumour mills work overtime. However, those who have predicted a crisis will only agree that the real estate market is going strong, quite strong. People are still borrowing amounts pretty close to what they borrowed in peak years to fetch properties in Australia. Annual borrowing for…
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Middle-priced housing sector is most responsive
Home values for dwellings (attached and semi-attached homes) reported a leap of 2.8% over the March quarter. Michael Yardney for Property Update suggests how each area has done well, with Perth showing highest growth and every capital city, except Adelaide, contributing to the total sum. Middle-priced housing sector is exhibiting maximum response, posting a hike…
Tagged: sydney property market -
Mixing Macro and Micro for Property Investment
The Australian property market is currently in a very stable phase. While there is no recession or bust phase in sight, it will be fruitful to learn the right ways of making profits in today’s market. Pete Wargent for Property Update suggests how it may not be the best idea to buy property in your…
Tagged: property investing -
What you need to know before undertaking home renovation
Home renovation or revamping is time for taking a few creative liberties. There is something about it which makes people simply love the idea. When you are about to inhabit a house, you attach a lot of merit to its renovation. However, any such revamping might turn out to be an endless “money pit”, argues…
Tagged: home renovation -
Self management versus property managers
Would you like to manage your property yourself or would you rather invest in a property manager? Well! Many arguments point in favour of the property managers says Carolyn Majda in an article for the Property Observer.
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Subdividing vs Renovating – Which Is More Profitable?
Mark Armstrong busts a real estate myth while reporting for Property Observer. In his article, he discusses how Subdividing may not be the most profitable way to go. Property owners hold two opposite ideas equally dear when they are looking to sell their properties. One such idea is Home Staging wherein they revamp their existing…
Tagged: property valuation
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