Do you equate buying a property with investing in a property? I wish for your good that you don’t. While anyone can be a property buyer, not many can claim to be an investor. Why? It is because each investment has profit as its chief objective and if it were so easy to make profit, we would all have ‘Buffet’ as our Surname.
Tracey's Property News
5 Tips If You Are Moving House with Children
We do not become averse to changes when we grow up. It’s a natural human instinct and is there in us since childhood. Toddlers love the idea of new toys but it should not come to them at the cost of old ones. 5-6 year-olds love their new school but the memory of kindergarten refuses to fade. If you are looking to move houses, do not overlook the stress it may cause to your child. After all, it may mean losing their bedroom, their neighbourhood, their friends and their happy life-routine for your children.
Are We Really Getting Riskier With Our Property Investments?
Low interest rate is a temptation anyone can submit to but should it carry you away to such an extent where you leave behind all your wisdom regarding property investments? What if the interest rates suddenly increase and properties you locked now became a huge mortgage burden on a later day? In a time when people are falling for risky investment strategies, an article on The Advisor talks about erring on the side of caution.
The Great Riddle Called Population Growth
Australia has added a little in deficit of 400,000 heads to its population kitty over the last year. Places like Tasmania, Canberra and South Australia have not seen any appreciable population growth, one that has been witnessed by areas like NSW, Queensland, Victoria and Western Australia. Pete Wargent for the Property Update states that Western Australia has added most to its kitty when seen in terms of percentage hike.
First Home Buyers Keener, Houses Win Against Apartments
I am quite happy with the recent surge in first home buyer (FHB) involvement in the Australian property market. They have laid low for a long time now but in the last three months or so, there has been a 50% increase in their flock. Petra Sprekos for the Real Estate View observes the trend.
What’s Happening to Sydney Home Prices?
Pete Wargent finds RP Data’s Daily Home Value Index ‘entertaining as always” and he believes that the capital cities are showing really promising signs, just the information that RP Data yields. In an article for the Street News, he talks about the Sydney property market in high regard.