real estate industry Archives - Page 1

Sydney: the second most expensive property market in the world?

sydney is the second most expensive real estate market in the worldIn an article on ABC news, business reporter David Chau turns his attention to Australia’s housing market.

According to the latest Demographia rankings, Sydney is the second most expensive property market in the world.

But a local Australian housing market expert disagrees.

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Property Spruiking Strategies That Are Too Good to be True

property spruiking signThe real estate industry is a competitive field. To stand out, businesses employ different marketing strategies to entice more buyers to purchase a property.

And it’s probably because of this, that some businesses end up walking a fine line between promoting their properties and spruiking them.

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Spotting Major Threats That Lie Ahead For The Australian Housing Market

Australian housing marketOver the last few years, Australia’s economic growth hasn’t been anything that’s worth talking about. Australian housing market, however, has made many investors very happy. A year to end-Quarter 3 2015 analysis reveals that house prices shot up by 11.4% across the eight chief capital cities of Australia. This ‘nominal’ rise can be seen as a 9.72% ‘real’ or inflation-adjusted rise.

This year to year increase, says the Australian Bureau of Statistics, (ABS) is the highest recorded since the second quarter of 2010. All, however, may not be good with Sydney real estate in particular and the Australian housing market in general. Let us dissect the residential property market and also find out that one major threat which may especially push Sydney further down a number of steps.
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Effective Style of Screening tenants

screening tenantsProperty investors, in the course of becoming landlords, sometimes get scratched the wrong end. It happens when they land on a tenant whose dream is to create a nightmare for the landlord. Can this situation be avoided? YES. Ever so completely!
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First Few Steps of Real Estate

Residential House in AustraliaThe sheer resilience of real estate means that the ‘brick and mortar’ is never quite off the investment cards. In fact, for us Australians, it is more like the panacea of the present day.  We know that the market has caught good momentum and it is only going to take off for greater glories without any threat of boom (and subsequent bust) at hand. So if you are looking to create a portfolio for yourself or invest as an owner-occupier, all you need to do is to conduct your homework diligently before embarking on the property market journey- rest will fall in place.
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Is There A Way Past Stamp Duty? Not Likely.

New South Wales Australia Stamp Duty

Unless you have benefitted from a matrimonial home via the Family Law Act or gained through a gift in Will, you will be at the receiving end of the Stamp Duty storm. Property taxes are pretty high for Australia when compared to other developed countries, suggests Anthony Keane for the website news.com.au
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The Sunset Clause Should Be An Exclusive Right Of Buyers

sale contract“If winter comes can spring be far behind?”. In the same vein, a real estate bust always gives way to a property boom (part of the cycle). Buyers and sellers look for the support and resistance points, plateau and bubble prices and the beautiful real estate game goes on. Each side tries to safeguard its interest; sometimes correctly, sometimes not quite so. Take the oft debated Sunset Clause as an instance.
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3D real estate videos for Smart TVs praiseworthy

1104950_vector_abstract_background_designTaking cue from futuristic scientific endeavors, a real estate group in South Australia has introduced 3D technology for smart TVs.  In short, this implies that the buyers can do a complete 3D home inspection of their loved properties, sitting in their homes.

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