What types of property are best for investment?

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 strategy. Yes you’d like to retire at 27. But considering that was seven years ago and you’re still schlepping to work every morning, it’s time to create a realistic plan. Everyone has general goals about financial freed

How to modernise your kitchen on a budget

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 splashback instead of a glass one. By choosing one or two standout features, you can still achieve the ‘wow factor’ you’re looking for. Don’t move mountains You can save on electrical and plumbing contractors by working wit

Why Australia’s falling house prices don’t apply to Brisbane

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 prices dropped 4.6 per cent in the year that ended in the March quarter of 2009. But Propertyology managing director Simon Pressley said the constant negativity around Australia’s falling house prices was misleading becaus

Champagne Location on a Beer Budget? Queensland is the Place to Be!

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 location, beer budget”, the residential teams around the nation have identified how buyers can purchase property in the country’s most desirable suburbs at reasonable prices. [if !supportLineBreakNewLine] Want a champagne loc

RBA Interest Rate Decision - April 2019

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 have moved lower following the earlier decline in oil prices, although core inflation has picked up in a number of economies. In most advanced economies, unemployment rates are low and wages growth has picked up. Global fin

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