Coastal areas have had their fair share of trouble of late, but now they are showing signs of resurgence, writes Tim Lawless for the Property Update.
Tracey's Property News
Dwelling Approvals At Their Highest Since April 2012
The housing market has shown fine momentum and the market confidence amply reflects in the upward curve of the construction sector. Tim Lawless for the Property Update talks about the hike in dwelling construction and partly attributes it to the low mortgage rates. Development activity has picked up all across Australia and unlike the resource sector; investment in housing sector should keep posting good numbers in times to come.
Does Property Investment Bend Towards Luck Or Knowledge?
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.
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.
