At its meeting today, the Board decided to raise the cash rate target by 25 basis points to 4.35 per cent. It also increased the interest rate paid on Exchange Settlement balances by 25 basis points to 4.25 per cent.
Regional property markets have experienced a record run over the past few years as tens of thousands of people looked to escape the city, while others decided to fast track a sea or tree change. In March and April of 2022, the regional markets proved to be high performing.
Following weeks of criticism from all sides of the property industry, the Queensland Government has decided to scrap its proposed changes to land tax.
There’s no doubt that one of the key drivers of the incredibly bullish 2021 property market was interest rates sitting at record low levels.
If you have a property owner, and have been for a number of years, there's a good chance that your property has appreciated in value throughout that time, which means you can access that newly created equity.
Property in Australia has proven itself to be one of the most effective ways to build wealth over many generations. However, not everyone is ready to take the plunge and start investing in real estate.
Refinancing is a very powerful tool for property investors as it provides a means to access the equity in a property to use in order to invest elsewhere. If your goal is to build a large portfolio, arguably the most important part of the process is your ability to obtain finance and refinance when required. Not sure how to refinance in an effective way? To help you, here are the do's and don'ts of refinancing.
Minimising vacancy rates gives you more financial freedom to boost cash flow and grow your investment portfolio. If your property is left vacant for too long in between tenants, it may mean you'll have to dip into your own savings to make mortgage repayments and maintain the property, which is obviously not ideal. This infographic shows 10 ways investors can keep their rental properties in high demand, so they'll never be left short changed.
Over the last few years, AirBnB has become an increasingly popular way for property owners to rent out their homes. Running your home or investment property as a short-term rental through Airbnb is a great way to make extra money, but it does come with some downsides that most newcomers often overlook.
There is no way to guarantee that the property you buy will increase in value, but in order to increase your chances, you need to carry out detailed research on the property you are interested in and the suburb it resides in.
When the time comes to sell your property, most vendors are hoping to achieve the very best price. While some sellers might be looking for a quick sale for any number of reasons, if you’re wanting to maximise the sale price, the most effective way to do it is often by taking your property to auction. There are a number of benefits to auctioning your property:
An excellent property manager can be an important asset to your property investing team - so choosing the correct one is a crucial decision that you need to research thoroughly. If you're planning on managing your property yourself, you should be aware of the common pitfalls too that you will need to avoid.
Managing your own property instead of using a professional property manager can save you 5-9% of your weekly income, but you’ll need to be aware of the legal implications, tenancy legislation and paper work to avoid the pitfalls and common mistakes.
Optimising your property investment portfolio is a key goal for any property investor, looking to maximise the return on their investments. You can achieve this in a number of different ways, depending on the types of property you own and your long term goals. Your goal should be to improve the performance of your portfolio, whether it is improved capital growth, manufactured equity or additional cash flow and income.
Supply and demand is one of the most fundamental concepts of economics and the cornerstone of a market economy. There are several indicators of property investing supply and demand within a market that you can measure and track when it comes to property investment to help with your research.