Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
According to Mortgage News Daily, the Federal Housing Finance Agency’s seasonally adjusted purchase only price index (HPI) shows that U.S. house prices rose slightly in the third quarter of 2011. The HPI is calculated from data on home sales obtained from Freddie Mac and Fannie Mae acquired purchase money mortgages where previous mortgages were also …
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Should I invest in apartments OR houses? Is a property’s value is in the land OR a property’s individual characteristics are far more important? In my opinion, the only thing that matters is what type of property will deliver a bigger return on investment in the long term. According to the Real Estate Institute of …
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Don’t be afraid to refinance your home loan! Savvy home loan owners happy to refinance. The HSBC Bank Australia’s latest survey showed that home loan borrowers are confident when looking at refinancing options and will happily shop around for better rates. The survey polled over 30,000 Sydney and Melbourne respondents showing that 80 percent of …
Stable interest rates and improving economic conditions will drive house prices up by 20% in the next three years, with Perth and Sydney leading the way, a major mortgage insurer says. QBE Lenders’ Mortgage Insurance (QBE LMI), which supports lenders, has forecast price growth of up to 20 per cent in Sydney and Perth by …
VIC homeowners have lost more than $290 million over the past three years selling properties for less than what they paid for them. Alarming figures that point to a hidden crisis in the property market reveal 5427 vendors lost an average of $54,000 on investments gone wrong in the three years to July 2011. The …
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Here is some information about property investors and property investment in Australia. There are about 1.6 million taxpayers claiming negative gearing deductions. About 90 per cent of investors purchase existing properties. More than 400,000 investors own more than one investment property. One in four property investors holds their rental property for only 12 months, just …
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Australia property prices continued to drop in June 2011, according RP Data-Rismark Hedonic’s latest home value index for capital cities. Based on almost 150,000 home sales nationally over 2011, the report found that Sydney house prices dropped 0.2 per cent in June 2011. Melbourne house prices dipped 0.1 per cent for the month, pushing the …
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Perth property prices of June 2011 is $33,000 less than June 2010 in terms of median house price. Perth property prices have experienced the biggest drop in value over the period from July 2010 to June 2011, with $33,000 shaved from the median house price, according to the House Price Report by Australian Property Monitors. …
According to an article in the Sydney Morning Herald, a family on $180,000 combined or more, and not eligible for either tax cuts or family benefits, receives only between $3 and $6 a year and faces an average increase in the cost of living of around $1000. So what does this mean for investment property …
Continue reading “The carbon tax costs me half of my investment property”
Westpac has predicted that the Reserve Bank will cut the interest rate four times in 2012 to avoid hurting an economy that is already showing signs of contraction. According to Westpac chief economist Bill Evans, there will be a sequence of rate cuts beginning with 25 basis points in December 2011 and through 2012 totalling 100 basis …
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The 2012 federal budget is too weak to prevent further rate rises. This means investment property market will remain flat in 2012 as the interest rate is most likely to rise at least once before December 2011. 41 per cent of stock market investors in the latest Investor Pulse survey by Colmar Brunton thought the …
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Perth property prices are expected to continue to fall for the rest of the year 2011 in what could be the city’s worst property recession since before the global financial crisis. Data released by Australian Property Monitors shows Perth median house and unit prices fell for the third consecutive quarter during the three months to …
The housing market in Australia is making a very controlled exit from the strong growth conditions of 2009/10 and now the correction phase of the cycle is coming. Australia’s housing market remained flat with prices falling 0.6 per cent nationally, according to the latest Australian Property Monitors’ March quarter house price index. Sydney prices fell …
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If the buying investment property deals sound too good to be true, they might be US home scams. The number of property spruikers promising to enrich Australians by cashing in on the distressed US housing market has soared in the past six months. However, the Australian Securities and Investments Commission continues to warn investors about …
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Where to buy an investment property? The answer is to buy in the suburbs within a 10 kilometre ring of capital cities. A new report from St George Bank and property research firm RP Data has revealed the latest 24 property hotspots in the capital cities including Sydney, Melbourne, Brisbane, Adelaide, Perth, Darwin, Canberra, & …
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