Living life creates debt. Owning your own home, cars, dining out, and generally enjoying life, all costs money, that you can earn from your income or borrow from a financial institution. When you are deep in debt, you restrict your ability to build wealth before you’ve even had the chance to start. That’s why you need an effective debt elimination strategy, a customised plan of action, and a clear understanding of the difference between ‘good’ and ‘bad’ debt.
Australian banks may soon introduce tighter lending standards, which could push down house prices, the Reserve Bank says.
Home price growth at slowest in five years A slowdown in Sydney has crimped growth in average capital city home prices around Australia but data analytics firm Corelogic says the worst is probably over.
Property investing can be complex, so here are five top tips, to help new property investors get started successfully.
Purchasing investment property can be complex. This infographic shows 9 tips for first time property investors. It can can help you start your property investing journey more successfully and set you on your way to a profitable investing career. Hope it helps!
LVR is an acronym that stands for Loan to Value Ratio. It is the proportion of money you borrow compared to the value of the property, and expressed as a percentage. Lenders use this to help assess the risk factor of borrowers before deciding whether to approve a loan.
Home values steady but auctions lift Australia's five major capital cities have recorded no weekly change in their combined home values, despite an improvement in the auction clearance rate.
A high-powered agency that oversees major infrastructure projects has waded into an explosive political debate over slashing migration levels. Infrastructure Australia is warning it is neither feasible nor desirable for the country to turn its back on the opportunities presented by population growth.
The NSW government insists first home buyers are "back in the game" as a result of increased stamp duty relief introduced in mid-2017. Premier Gladys Berejiklian on Sunday said she was "thrilled" by figures which suggest more than 19,000 people accessed stamp duty concessions since the more generous regime was introduced in July.
Renovating an investment property can be a profitable investment when done strategically. It has become a popular choice of property investment to add value to a property portfolio, particuarly for those who can do the work themselves.
Do you want to invest in a rental property in an area experiencing growth in order to create equity? Targeting suburbs with the fastest median growth rates can help you to generate equity and grow the long term value of your portfolio.
Our Pro Membership is for the self-starter who wants an all-in-one platform to successfully invest in property. The Membership helps you find investment properties in seconds and gives you the tools to analyse, research and estimate the value of any property in order to grow track your profitable portfolio.
This blog includes a copy of the slide-deck that was presented at Real Estate Investar Live, Sydney, on Wednesday 1 November. It shows the latest property data from the September Quarter, courtesy of Domain.
This article has been prepared by our partners at Lawlab.
With any type of investment comes risk and these risks can act as barriers to your investing. Your level of comfort with investment risk will usually depend on your current financial situation, age, your personal circumstances and your experience.
Real Estate Investar is part of MRI Software. We provide the tools, data and information you'll need to create wealth through property investment.