Renovating a property is an excellent way to increase its market value, it creates the opportunity to improve both cash flow and capital growth for the owner. Finding the right property that is ripe and ready for renovation can be a difficult first step on a renovating journey.
To help your search, we have compiled a list of Australia's best renovation suburbs. This infographic shows the percentage of total renovation listings on the market by dwelling type and number of bedrooms.
Knowledge of the current real estate market cycle is important to first-time and experienced investors as it affects their strategies. Their decisions may vary depending on which part of the cycle the market is in—boom, slump, or recovery. This way, they can assess the proper timing for investments, which can maximise profitability and mitigate risks in the long run.
Investing in property is a viable strategy for accumulating long-term wealth. By making astute property investment choices, you can achieve substantial profits and set yourself on the path to financial independence.
At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.85 per cent.
.png?width=229&height=115&name=RE%20Investar-Logo-MRI_Colour%20web%20229x115px%20(1).png "RE Investar-Logo-MRI_Colour web 229x115px (1)"){kind=logo}
.png?width=130&name=REI%20Awards%202022%20(1).png){kind=icon}
Real Estate Investar is part of MRI Software. We provide the tools, data and information you'll need to create wealth through property investment.
.png "RE Investar-Logo-MRI_Colour web 229x115px (1)"){kind=logo}