How much your home address number can be worth for Chinese buyers?

Do you as a property owner know that your home address number could means tens of thousands extra dollars when you sell your property to Chinese buyers? Some Chinese home-buyers will pay tens of thousands of dollars more for addresses containing the number eight, but shun those with a four. AC Property estimated Chinese buyers …

Property investment strategies – How to choose locations and styles for long term

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 …

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 …

What happens when you have unsustainable home loans?

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 …

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 …