Vacancy rate does not need to come down to zero level for the experts to call it “crisis level”. Pete Wargent, in a well-researched article for the Property Observer, says Sydney’s 1.3% vacancy rate is clearly a cause for concern.
Archives
Negative Gearing May Not Be a Lucrative Strategy
Are you a lobbyist of negative gearing or a devout follower of positive gearing? The much talked about; hotly debated strategy of the property market- negative gearing- relies on capital growth. In times when the market runs through the course of several cycles without exhibiting substantial capital growth, the very idea of negative geared properties can fall flat on its face. This, though, is not the entire problem. Let us probe the issue further.
Building Equity In the Property Market
In an article for the website Your Investment Property, Miriam Bell decodes the best ways to create quick equity. The Buy and Hold strategy can work well and can help in building equity fast if a few smart property market techniques are diligently followed.
Prestige Market Outperforms Other Segments
Few trends are clearly emerging now that Australia has entered its property cycle in depth. One such trend is that the prestige market has fashioned a distinct place for itself, says Michael Yardney, for an article on the website Property Update.
Capital City Auction Clearance Rates Slip, Sydney Unaffected
While the auction volumes across the capital cities have given no reason to complain so far, auction clearance rates are turning out less strong than expected. In a piece written for the website Property Update, Cameron Kusher talks about the dwindling performance.
Blunders Not to Commit When Negotiating Property Prices
There are sound reasons why we are advised to conduct Due Diligence before buying a property. If nothing, our bit of homework can ably reduce the price that we end up paying for the property. What the vendor/seller asks for and what you pay up need not be the same thing. ‘Negotiation’ is a word that keeps coming up during business exchanges and real estate deals are not aloof from them either.
