Despite experts suggesting house prices were going to see a sharp contraction in 2020, the latest data indicates the opposite has occurred. According to CoreLogic, house prices increased in value across the country in 2020, finishing the year 3.0% higher across the nation.
Whether you are an aspiring property investor considering taking the plunge or a full time investor wanting to brush up your knowledge, this article gives you seven key property investing market fundamentals to consider.
Many people will have set property investing goals for the new year and unfortunately, many will fail to achieve them. Others may not set any goals at all, because it is very easy to just live in the present without a set plan to move forward, which is an easy habit to fall into. Whether you’re a new or existing property investor, it can be incredibly beneficial to set property investing goals to guide your investing for the year to come. These tips can help you set your 2021 property investing goals and ensure you don't lose sight of them and are able to take the necessary steps to see them achieved.
Despite the negative headlines early in the year, house prices across the country have continued to rise with experts signalling there could be more gains ahead in 2021.
Prospecting for new, feasible development sites is hard. Which is why Real Estate Investar is excited to be partnering with Archistar. We aim to make identifying and assessing small scale property development opportunities as quick, painless and accurate as possible. We are thrilled to be adding Archistar's deep-dive property development software to our already powerful suite of tools to make property development easier for investors. Level the playing field and use the same platform that Mirvac, Frasers and other major property developers are using to assess their next site! Real Estate Investar members will have access to the Archistar "Starting Out" package with the following features: National access Find Sites - search, site details, filter and digital planning library Map Visualisations - base package which includes zoning, overlays, heritage, building height, contours, flooding, bushfire and basic satellite imagery Assess Sites - quick estimate (residual land value) and due diligence reports Domain Listings and Suburb Insights Commercial Real Estate Listings
The resurgence in the Australian property market has continued in October, with dwelling values increasing in all states except Victoria.
There’s been plenty of attention on this week’s Federal Budget after Treasurer Josh Frydenberg put a clear focus on creating jobs and lifting the economy out of recession. However, was there enough in the budget to help property markets?
While Australian property presents itself as a lucrative, retirement-securing investment strategy, first purchases are generally the confirmation that this may not be the walk in the park you hoped for. Deciding what to buy and calculating growth trends are just the iceberg’s tip when it comes to researching and purchasing an investment property. Here are five mistakes both rookie and veteran property investors make and how to avoid a disastrous start to the pursuit.
September marked a striking turn in housing market sentiment; consumer confidence increased, new listings rose, and six of the eight capital cities recorded a rise in home values over the month, according to the Core Logic Home Value Index.
In the current climate, we are starting to see a big push away from CBDs, with both investors and homebuyers looking to regional areas and even interstate to find properties. With the low level of stock on the market, it is causing a number of buyers to put in offers on properties without ever seeing them. For many people, the idea of buying property sight unseen could be a scary proposition, however, there are a number of things you can do to make sure you’re mitigating any risks.
To own, or to rent? That's the question many investors and home owners ask themselves. So how do you know which option is better for your hip pocket, now and for your future? The location of your property can help determine which avenue is smarter. This infographic shows the top three suburbs in Queensland, Victoria and New South Wales that make more sense to purchase than to rent.
All the focus at the moment remains on how COVID will impact the economy and house prices in the weeks and months ahead. As has been the case for some time now, the forecast of large scale falls in property prices doesn’t appear to be happening. And in certain segments of the market, property prices are remaining very strong underpinned by low stock levels and high demand.
Despite the fears for 30 per cent price falls, property markets across the country are remaining resilient.
Early in the year, 2020 was shaping up as another very strong one for property investors. On the back of a big end to 2019, where house prices in Sydney and Melbourne in particular, started to rebound strongly, there was a lot of positivity in the air. Then come mid-March, COVID hit and the ensuing lock-downs across the country ground real estate activity to a halt. As the saying goes, ‘crisis breeds opportunity’ and the current market is now offering up a range of possibilities for investors that weren’t present only months ago. Here are a few ways to take advantage of the current market conditions in 2020.
The discount property investment strategy involves purchasing investment property below valuation, not below the vendor’s asking price.
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