With the property investment market getting really buoyant over the last 12 months, the way you step up to buy your property will matter a lot in months to come. It then might help if you know what kind of buyer are you. After all, knowing where you stand in terms of buyer preference and style will help you in tackling investment challenges a whole lot better.
We are all different types of buyers. Some of us are glued to our information-sucking tablets while others among us know the pulse points of the negotiating table. Realestateview.com.au has come up with a nice quiz to help you know your buyer type.
Algorithms can set world’s top search engine in motion but they fail to assess a property’s worth effectively. This is the reason why online property valuations have ignited a fair bit of controversy all across Australia. An article on Your Investment Property sheds light on the issue.
Property is not a liquid asset and it may not pay to treat it as one. Peter Sarmas for the Street News states that low interest rates may have made quick-buck seekers more interested in the property market but the traditional technique of investing long-term may still be the brighter strategy for real estate.
Location is on the top of the minds of Australian property buyers. This is followed by availability of amenities. To put it differently, the condition of a property hardly holds centre-stage in the criteria a buyer sets for himself today. Brendan Wong for The Adviser asserts that “property condition” has lost its traditional dominance.
It’s quite a feeling when you get your opinion voiced from other quarters as well. Being a person who has long been vocal against the use of term “bust” and “boom”, I feel vindicated while reading Mark Armstrong’s piece on the Property Observer. He asserts that we are not at or near a phase of property boom and the present growth is part of the natural property cycle.
In a recent article on home values, Cameron Kusher shares a few interesting statistics regarding growth in capital city home values and the longevity of growth periods in an article for the Property Update.
