Australia property investors are cautious on property investment

The fact that the value of loans to property investors fell 7.1 per cent in January 2012 shows that Australia property investors are cautious on property investment. Overall, home loan approvals dipped 1.2 per cent in January 2012, the first fall in 10 months, the latest Australian Bureau of Statistics figures show. The number of loans from …

Some useful information about property investors in Australia

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 …

Property investment strategies – How to pick a good investment unit or apartment

Are units or apartments good or bad for property investment? What factors should you consider when buying investment units or apartments? Many people invest in apartments because they often have a cheaper buy-in price than houses and are also thought to be a lot easier to maintain without gardens to worry about, and with the costs of …

Property investment strategies – How to pick a good investment property

Should I pick an investment property by capital growth or rental return? Should I invest in houses or units? Property investing has become a popular Australian past time with one in ten taxpayers owning a negatively geared property. But just what makes a good bricks-and-mortar investment? It’s not about buying any old house or unit, …

Property investment tips from Residex and Westpac

In a recent NSW Property Outlook Seminar given to Westpac employees by John Edwards, CEO of Residex, and Ben Richard, Senior Financial Planner, Westpac, top 5 tips for property investment were unveiled. Top 5 Property Investment Tips 1. When purchasing a property, keep it affordable (i.e. within the 30th to 60th decile of property values). Any higher …

You can be a property tycoon for just $1?

According to an article on NineMSN Money, you can possibly become a property tycoon for just $1. But how? The article suggests that you should look towards Michigan’s biggest city, Detroit, where houses start at just US$1. Yep, according to Sydney Morning Herald, the city of car manufacturing plants, Eminem, and soaring murder statistics, is also …