There’s an old adage in real estate that rent money is dead money. Given the choice between home ownership or living a tenant’s life, most property buyers used to opt for the former. But this sentiment is shifting, especially in Melbourne and Sydney, writes Nic Cuni of EST8 Agency.
Underinsurance is rife among property owners, including landlords, and tenants, with eight in 10 home owners and renters inadequately insured, according to the Insurance Council of Australia.
In Tuesday’s budget, the government unveiled “a comprehensive plan to address housing affordability”. But how successful is it likely to be?
Collaboration with family, friends and even strangers could become the preferred way to secure a piece of the Australian property market, in a series of new investment practices designed to shift traditional thinking into contemporary opportunities before market regulations change and further hamper investment opportunities.
It's not simple, but here are six questions answered that might shed some light on whether an apartment will make a better investment than a house.
Now is a great time to buy an investment property in Perth with prices at very affordable levels and signs that the state economy is improving.
The federal budget and Victorian state government have made significant changes to depreciation, travel expenses and stamp duty concession. Investors have until 1 July 2017 to save up to $20,000 or more on stamp duty. Here’s what investors need to know.
One of the most common questions I have been asked over the years is whether it is worthwhile to claim depreciation on older properties. The answer is emphatically yes! Here’s why.
Once considered the “Cinderella” of the Australian property market, Tasmania is emerging as a property hotspot according to Shane Kempton, CEO of Professionals.
In recent times, affordability and a growing number of single person households have made one-bedroom units and studio apartments popular investment choices. So, is it worth investing in a one-bedroom unit?
All of our capital cities host auctions; some more than others. Melbourne is well known as the auction capital, but Sydney has its fair share, as does Brisbane. From on-site to in-room styles, one thing is common. Buyers are generally quite anxious about auctions and most serious bidders find the process quite stressful.
It has been increasingly difficult for first home buyers to get their foot on the property ladder over the past year especially in the booming property markets of Sydney and Melbourne.
