So, you’re thinking of buying your first residential investment property? There are a few things to consider before making the move. Here are our top 10 tips for avoiding potential difficulties and ensuring success. 1. Know your goal Understanding your financial objectives is key to finding the right investment property. The actual property itself is rarely the end goal when it comes to investing – the financial elements should be your key focus. First, decide what your investment goal is and then create a plan to achieve it within a realistic time frame. Are you looking for a plan for retirement? An income-generator to fund your children’s education? Or building equity to gain a regular inc
The Australian residential housing market has been highly variable this year, and we’ve seen some highlights as well as lowlights. We look ahead at what’s expected for the remainder of 2018 and beyond. StartFragment It’s been a tale of mixed fortunes in the nation’s housing market over the past 12 months. There’s been a downward slide in what were previously booming markets, as well as delight over growth in other areas. Capital cities have mostly continued to soften – particularly Sydney, which has had a tough start to the year – yet some of our regional areas have reaped the rewards as homebuyers look further afield for value. While houses have felt the pressure, apartment values in some a
What a month we had in August! Within a few short weeks we've seen a change in Prime Minister and an out-of-cycle interest rate rise from one of the country's big four financial institutions. Of course, September heralds in the season of renewal in Australia, and with it comes calls about the Spring Selling Season for real estate.It's often said there's a huge ramp up in activity as sellers look to take advantage of the weather and buyers look to take advantage of increased listings.This is all well and good, but is the boost of Spring Selling Season fact or fiction across the country? Our team give their take... Spring is in the air and Brisbane has the perfect climate for celebrating all
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed a little, with the authorities easing policy while continuing to pay close attention to the risks in the financial sector. Globally, inflation remains low, although it has increased in some economies and further increases are expected given the tight labour markets. One ongoing uncertainty regarding the global outlook stems from the direction of international trade policy in the United States. Financial conditions remain expansionary,
