Source: Matusik My first property purchase was a townhouse. We made a mistake buying a two-bedroom place rather than one with three bedrooms. Well, it wasn’t that big a mistake really, except on resale we would have got a bit more in terms of capital gains if we had shelled out a bit more initially
Brisbane may not be the most popular Queensland location to invest into compared to other markets, but it is certainly seeing a rise in demand and in median price, according to new data. Data from realestate.com.au’s Property Outlook – July 2018 report shows that demand in Brisbane is up 5.9 per cent year-on-year. Both houses and apartments
In the next three years, house prices in Brisbane, Perth and Canberra are expected to surge by the most — while the Sydney market slows to a crawl. Key points: Sydney is tipped to be the slowest property market in the next three years (+3pc) Melbourne prices are expected to increase (+6pc) due to
New research shows that while the majority of investors have a good grasp on basic property buying skills, first home buyers are clueless when it comes to knowing the ins and outs of property buying. The results showed a concerning 61% of first home buyers failed a basic property buying literacy quiz, compared to only 27%
The 2018-19 Queensland budget was handed down on Tuesday afternoon, where it was revealed the grant would be reduced from July 1. The government confirmed the $15,000 grant to purchase new houses, units or townhouses valued at less than $750,000 would be ongoing. Master Builders deputy CEO Paul Bidwell said the $5000 loss would be felt deeply by many prospective young buyers
The real estate market can be tough for young adults, but as a parent you may be able to lend a helping hand. Here’s how you can help. Parent-to-child loan A parent-to-child loan is when a parent lends their child money. This is a formal, legally binding arrangement, administered by an independent third party. At
After years in the doldrums, Queensland's economic tide has finally turned as more people flee high interstate property prices, the latest Deloitte Access Economics Quarterly Outlook has concluded. The report noted that in the past year Queensland had overtaken Victoria as the state receiving the highest number of interstate migrants. "The rate of population growth
Congratulations! You’ve made the big step of purchasing an investment property and can officially call yourself a property investor. So now what? Buying an investment property often takes a lot of work and preparation, and it’s easy to see the purchase as the big end goal. But in reality, this is where it all starts.
Investors who were shut out of the housing market by a crackdown on interest-only loans could soon be back in force, with half the Big Four banks dropping rates and reopening the floodgates. In the first big sign of a reprieve for investors, both the Commonwealth Bank and Westpac Banking Corporation have reversed moves made
The laws protecting both tenants and landlords are considered to be neutral. That is, they are designed not to favour either party but to protect both. While there will be some variation in these laws from state to state, the overarching obligations for landlords are essentially the same. Bond All landlords can take a bond
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