Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Angus Raine, CEO of Raine & Horne is optimistic for the residential property markets in NSW & ACT in 2010. “There is some concern the end of the First Home Owners Boost (FHOB) will hurt the market,” says Mr Raine. “I don’t agree with this assessment. The Federal Government was smart to extend the FHOB …
Continue reading “End of the First Home Buyer Grant Boost will NOT Hurt NSW and ACT Property”
It is fair to say that coastal property prices over the past few years are dragging capital city growth. However this means there are now more buying opportunities for people considering a sea change. The biggest advantage associated with coastal living is relatively cheaper costs. One recent industry report found that house prices in coastal …
With Australia’s economy continuing to rebound, the Federal Government has introduced a First Home Buyer’s Cap on new and existing homes, effective from January 1, 2010. Under the cap, fi rst home buyers will be restricted to purchasing homes less than $750,000 in NSW, WA and Northern Territory and $1 million in Queensland. Australian Property …
Continue reading “How will the First Home Buyers Cap affect you?”
For a long term investment, we must look at buying property in the major cities of Australia. In the smaller capital cities, try and stay within a 10 km radius of the CBD. For Melbourne and Sydney, we can go out to a 15 km radius. It is important to understand that we want our …
Continue reading “How to Choose the Right Investment Property”
Australia’s rapidly growing population and overseas migration is set to underpin the Australian property market in 2010 according to Angus Raine, CEO, Raine & Horne. “Building approvals levels are currently running around 145,000 per year according to industry averages, which is well short of the new homes required to meet our rapidly growing population.” According …