Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
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. …
While there are lots of debate on carbon tax, the Housing Industry Association has declared its opposition. It argues that a tax on carbon emissions will flow through to adversely affect all building products and all sectors of the construction industry. “Building product manufacturers and new home buyers across Australia will be the hardest hit …
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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 …
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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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Residential property prices might have peaked in 2010 as housing prices will remain flat or even drop over the next six months as big mortgage brokers report a 20 per cent drop in loan numbers. Aussie Home Loans managing director John Symond said the company’s new loan volumes had plunged 20 per cent in the …
Rents increased by 1.4 per cent nationally and 2.7 per cent in the capital cities over the past 12 months although house rents in Sydney, Melbourne and Darwin were flat, a report by property data collection agency RP Data found. At the same time, consumer prices rose at a faster pace in March 2011. According …
The Sydney rental crisis has hit new heights with the number of people looking for properties with rents higher than $400 a week doubling in the past four years, according to an article published by the Sunday Telegraph. This is a bad news for renters while it is a good news for property investors as …
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Key Points for Capital Gain in Long Term * Buy property in the middle suburbs close to public transport corridors, shops and schools. * Buy low-maintenance, compact dwellings because of the shrinking family unit. Most property investors see the residential property investment is a long-term proposition because the property price takes about 7 to 10 …
Continue reading “Property investment strategies – How to choose locations and styles for long term”