There are many things to consider when purchasing an investment property. Choosing a location, determining rent and knowing how many times you can drop “my portfolio” casually into conversation without sounding like a banker. However there are risks involved – and not every property continues to increase in value. But by making well-informed decisions about the property and its appeal to potential renters, “my portfolio” could be growing faster than expected. Start with your
If you want to modernise your kitchen but you’re concerned about the cost, don’t be dismayed. There are many ways to get a new kitchen without destroying your bank balance. Downgrade to upgrade
Saving money doesn’t mean you have to compromise on everything in your new kitchen. Select a few fittings or features that you want to spend a little more on, then budget in other areas. For example, if you have your heart set on a granite benchtop, perhaps you could have a tiled spla
Australia’s falling house prices do not apply to Brisbane, according to a leading property analyst, who has slammed the latest comparisons between now and the global financial crisis as “reckless and alarmist”. On Tuesday it was reported that prices dropped 5.1 per cent on average across the eight capital cities over the year to the December quarter, a steeper decline than at any time since the ABS began keeping records in 2004. This included the period during the GFC when pr
Political campaigning will come to a head in May as we go to the polls and decide who will lead the Federal parliament. Expect to see property matters retain a front-and-centre position in debates right up to election day. Real estate is considered a political ‘barbecue stopper’ topic among the Australian public, with our fascination barely faltering over the years.
This month’s residential theme is one that’s sure to capture everybody’s interest too. With “Champagne locati
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The outlook for the global economy remains reasonable, although growth has slowed and downside risks have increased. Growth in international trade has declined and investment intentions have softened in a number of countries. In China, the authorities have taken steps to ease financing conditions, partly in response to slower growth in the economy. Globally, headline inflation rates hav