Property News

Most signs point north for real estate markets around Australia. Indicators consistently describe rising markets.

 

The best thing about this generally positive outlook is that few of the indicators suggest we’re charging into a boom.The national figures for home loans, sales volumes, price movements, building approvals and affordability...

The Sydney residential rental market has contracted for a third consecutive month, according to data released by the Real Estate Institute of New SouthWales.

 

The April 2013 REINSW Vacancy Rate Survey saw the Sydney metropolitan area at 1.7 per cent, a decline of 0.1 per cent in availability from March.

 

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The construction of new houses and apartments in NSWthis year will climb to its highest level in almost a decade, as a result of low interest rates, rising property prices and a number of state government reforms, a leading industry analyst predicts.

The total number of housing starts is forecast to pass 35,000 for the first time since 2005, and should keep rising for...

Success takes hard work and, of course, some risk taking. But those who truly excel operate according to certain general principles that help in any career field. Property author Douglas Gray gives his take on the five things every investor needs to be successful:

Focus

 

Being focused in property requires a solid business plan...

Australian house prices are high but they reflect the high cost of living, says Gary Thomas, president of the US National RealtorsAssociation, who is currently visitingAustralia.

Thomas says there is no perception among his constituency that Australian housing is in a bubble that may burst – a claim made by the likes of US economist Harry Dent anAAd others.
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1. Do your homework. Especially when it comes to ascertaining the history of capital growth of the property, in the suburb and even the likelihood of any huge increase in rival housing stock. Overpaying because you haven’t done enough research will be the most telling of factors no matter what happens to the overall economy.

2. As too many random inspections will...

It's important to make sure your property looks its best from the moment it goes onto the market.

Here are our top tips for presenting your property:


Pavement appeal: Make sure the front of your property looks appealing and inviting with a weed-free garden and some attractive pot plants.

Clean and bright: Before every...

Ask any property investment guru and they’ll tell you that the equity held in your property portfolio can be a powerful tool for wealth creation. Used properly, this equity can secure the finance needed to achieve your property investment goals.

Put simply, if your property’s increased in value, the amount of equity held in that property will have gone up...

Most experienced investors understand that $500 a week for fifty two weeks a year  means more money in their pocket than $550 a week with several weeks vacancy during the year. So if maximising income from rental property investment comes from keeping their properties occupied, why do some landlords charge such high rents that their tenants move on whenever they get the chance...

Increased affordability and recent housing price stability have placed Sydney in a positive position heading into 2013. An underlying shortage of property means upwards pressure on prices should remain in place.

The back half of 2012 saw the Sydney housing market string a few months of price growth together after seemingly finding its floor, according to RP Data...