Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
The Housing Industry Association (HIA) says figures show investors are returning to the South Australian market. There was a 22.2 per cent jump in building approvals for January over December, mostly driven by unit dwellings. Nationally there was a 7 per cent fall. Robert Harding of the HIA says the market is on the right …
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Sales of new homes rebounded to a five-month high in January, a sign that upgrading owner occupiers and investors may be coming back in to the market, a leading industry body says. New homes sales rose 9.5 per cent to 8,444 in January, the Housing Industry Association (HIA) said on Monday. Sales rebounded from December’s …
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Investment Property Calculator has released a new free property investment tool – Property Rental Yield Calculator Excel spreadsheet. This property rental yield calculator will calculate rental yield for you and allow you to compare rental yields across properties. In addition, a rental yield table based on different weekly rental incomes and property prices is included for …
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Investment Property Calculator has released an Excel spreadsheet – Free Loan to Value Ratio (LVR) Calculator. The loan-to-value (LTV) ratio expresses the home loan amount of your mortgage as a percentage of the purchase price or the appraised value of your property. The LVR calculator can show how much you can possibly borrow from the banks …
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Melbourne property prices are booming. Melbourne’s property market is showing no sign of slowing, after a record breaking week of property sales. More than $1 billion worth of real estate was sold last week and the clearance rate from auctions at the weekend was 86 per cent. According to the Real Estate Institute of Victoria says …
Australia housing prices increased 1.8 per cent in January, according to RP Data, taking them 11.8 per cent higher in 12 months. “What makes me angry is that my father was able to buy a three bedroom house in Williamstown and support a family (my mother didn’t work) on the average income of a school teacher,” said …
Continue reading “Housing prices increased almost 2 percent in January 2010”
Why Australian house prices rise? There seems many factors – demand and supply, immigrant, inflation,etc. However, I say there is only one factor – fear! Becasue you fear that the house prices will rise further, so you want to secure one as soon as possible. Other people have the same fear so you have to pay more …
Heard about the 8 per cent term deposit offer from Westpac? Or the Bank of Cyprus offer of 7.85 per cent term deposit for five years? Are you wondering if you should put your money into bank’s term deposits or invest them into property? Well, it depends on. Inflation should continue at a rate of 2.5 …
Great Australian Dream? I don’t think so! The additional demand from abroad is contributing to rising property prices – with average median prices surging more than 10 per cent in capital cities last year – and fuelling the disappointment of would-be local buyers who are being out-bid. ”We have lost three properties (that we know …
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Well, you need to do your own research to identify property investment hotspots. But How? RP Data’s ranking of property hotspots is based on the following criteria: Pricing relative to nearby property locations Proximity to CBD of major centre Proximity to public transport Proximity to major roads Provision of local retail amenities Housing types Renovation potential …
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Should I attend those free property senimars? Can I trust real estate investment seminars? Look, there is no harm in attending these events, providing you are very sceptical and know absolutely you are able to resist signing up for anything at the actual event. Property investors are keen to go to seminars for advice, but they rarely get …
Without the required new home building to keep up with underlying requirements, house prices and rents are expected to continue pushing upwards through 2010, according to Housing Industry Association (HIA). The association is forecasting a moderate housing recovery in 2010 with about 152,000 dwelling starts. But that’s still below the 190,000 required to keep pace with …
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Potential borrower who want to borrow 100% of the purchase prices are most likely be unsuccessful and will need to show they can save for a deposit, according to mortgage broker Loan Market. Inquiries for 100 per cent home loans have surged 250 per cent since the federal government’s more generous first home owners grant …
Rents for three-bedroom homes in Sydney’s outer suburbs rose an average of 9.4 per cent last year, despite the global financial crisis during which rents in inner suburbs went up by less than a quarter of that rate. The latest rent and sales report from Housing NSW reveals that the sharp increase in rents for …
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One of the most outspoken sceptics of Australian property prices lost a bet that home prices would fall 40 percent from peak to trough in 2009. While the truth is that last year, capital city house prices rose by 12.1 per cent, hitting a new high, as demand from first-home buyers sparked a revival at …
Continue reading “House price crash? I was hopelessly wrong on house prices!”