Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
You might often hear median price and average house price. What is the difference between median price and average price? Which one you should use as a reference when you want to purchase properties? Difference between median price and average price Averaging adds up property prices in a list and divides by the number of …
Continue reading “Which house price you should trust: median price or average price?”
By diversifying their assets, investors can ensure that interim performance across their portfolio is balanced to an acceptable average. Stronger assets can support those experiencing weaker conditions. Directly owned real estate assets involve a long-term commitment and a disciplined investment strategy and so are not as vulnerable to daily fluctuating sentiment. It is commonsense to …
Continue reading “An introduction to property investment strategies – Diverse portfolio is key”
Do you know that there are some so-called “No Go Zones” that investors should not buy investment properties because of poor capital growth? Sutherland Shire south of the Sydney city has been named as one of the worst areas in the nation to invest in real estate because of poor road links to the central …
Continue reading “Where you should not buy investment property?”
Demand for home loans fell to a nine-year low in April 2010 as rising interest rates dampen enthusiasm for housing, according to Sydney Morning Herald. However, I must say whether demand for home loans drop or increase depends on how you interpret the data from ABS. According to ABS, finance commitments for owner-occupied housing fell …
Continue reading “Demand for home loans drop to 9-year low?”
Well, yes and no. In the sense of yes, you can include your existing properties into the calculator. You can input all the rental related information, income information, expenses, and tax information etc on a yearly basis. However, the Ultimate property investment calculator is an investment property analysis program not an accountancy program so you should …
Continue reading “Is the Ultimate Property Calculator suitable for managing investment properties?”
Do you know that there are certain attributes that may reduce a property’s value. These include: 1. Proximity to main road traffic. 2. Mixed use property e.g. residential/commercial. 3. Environmental risks e.g. overhead power lines. 4. Poor proximity to public transport, shops and other amenities. 5. Poor room layout and design which reduces openness of …
It’s useful to know what attributes that can add a property’s value as this can help not only in the selection of a property, but also in identifying undervalued properties and aiding in the type and extent of potential renovations. Some of the positive factors include: 1. Aspect – things like water views can add significant value …
Yes if you purchase the standard, professional, or ultimate version. Not only one year, two years, or three years free update, you get lifetime free update. Whenever there are updates on income tax scales, capital gain tax, stamp duty, land tax, and medicare levy, etc, update will be made to the the standard, professional, or …
Continue reading “Can I get free update for Investment Property Calculator?”
The answer is so simple – bankruptcy! Bankruptcy is increasingly becoming a ”middle class phenomenon” in Australia, says the report from the University of Melbourne Centre for Corporate Law and Securities Regulation. Middle-class professionals and people on high incomes are declaring bankruptcy faster than ever in Australia, according to this study that reveals bankruptcies have …
Continue reading “What happens when you have unsustainable home loans?”
Sydney property market has suddenly caught a cold – auction clearance rates in the past two weeks have been down and agents report fewer visitors to open houses. Properties were being passed in because buyers were reluctant to commit, said Paul Lowe, of Ray White Double Bay. ”The last interest rate rise has put some …
There is a news on Yahoo saying “many people earning more than $80,000 a year are seeking help with mortgage repayments” from Welfare group Lifeline. I think this is just ridiculous – I don’t mean the housing prices. I mean the people who earn more than $80k and seek help with home loan repayments. Did …
Continue reading “Earning more than $80,000 a year and seek help with mortgage repayments?”
The Westpac-Melbourne Institute consumer sentiment index for May fell 7 per cent to 108 index points. The confidence of respondents with a mortgage fell 8.1 per cent in May compared with average falls of only 2.3 per cent in response to the five previous rate hikes, the survey showed. So is it a good time …
Average weekly rent in Sydney have increased to $400 a week, an increase of $10 since last year, according to an article from the Sydney Morning Herald. This means the average monthly rent in Sydney in 2010 is about $1,733. Tenants in the outer-ring suburbs, such as Blacktown and Sutherland, faced the largest rises, with rent …
There is more evidence of investors returning to the property market, with the value of investment finance rising by 3 per cent in March. There has also been a fall in the number of owner-occupier home loans approved during March. Australian Bureau of Statistics (ASX: ABS.ax) figures show a 3.4 per cent slide in March …
Continue reading “Investment property loan rising by 3 per cent in March”
Capital city house prices rose by 20 percent in the last 12 months to the end of March 2010 according to ABS. The Australian Bureau of Statistics (ABS) said prices rose by 4.8 percent in the last three months with Sydney and Melbourne leading the way with rises of 5.3 and 6.7 percent respectively. That …
Continue reading “House prices surge by 20 percent in the past 12 months”