Women still lag on investment
Property investment is overwhelmingly a man’s world with new research showing only 27% of women own investment properties. The survey was conducted by the Property Investment Professionals of Australia (PIPA). Chair Nicola McDougall says many women may have been nervous about investing in the past, but she says there is now plenty of advice and […]
What is rentvesting?
Rentvesting: what is it and how can it help you enter the property market sooner? The Australian housing market is notoriously hard to break into. So much so, the Coalition recently announced its plan to allow first home buyers to access up to $50,000 from their superannuation to get into the property market. There’s also […]
300+ Suburbs Hit $1mil Median
300+ Suburbs Hit $1mil Median An additional 311 Australian suburbs now have median house prices of $1 million or more, with Sydney and regional NSW accounting for the largest number of new entrants. CoreLogic data shows that between May and December 2021, 38% more suburbs recorded a median price of $1 million or more. In […]
Investing in Property and understanding risk
A case study- understanding risk Would you choose to buy in Moranbah or in Toowoomba? Right now it appears a fairly easy choice between the two Queensland centres, but 10 years ago it was a very different scenario. The central Queensland mining town of Moranbah remains our greatest example of a boom-bust scenario. Until 2012, […]
Confidence In Property Sector Rises
2022 Will Be A Busy Year We’ve witnessed in 2021 the most extraordinary year ever in Australian real estate. Amid lockdowns and other restrictions, prices nationally have increased 25% for houses and 14% for units. The new year promises to another growth year, notwithstanding the media’s attempt to construct an imaginary scenario of rising […]
RBA Reaffirms Rate Stability
RBA Reaffirms Rate Stability The Reserve Bank has reiterated that it does not intend to lift interest rates next year, despite growing industry speculation of a rise. This week, at the final board meeting of the year, the RBA left the cash rate at 0.10% and Governor Philip Lowe announced that the latest data and […]
Rental Shortage Crisis Bites
Rental Shortage Crisis Bites Investors may be returning to the market but their participation remains below long-term averages, leading to a rental shortage crisis. Analysis by Property Investment Professionals of Australia (PIPA) shows that, while between 2007 and 2017 investors made up about 35% of the property market, in the past four years that has […]
Where do we learn about money?
And how our beliefs impact our actions Did you know 44 per cent of lotto winners lose their entire fortunes? That’s because it’s not about how much money you have; it’s about what you do with it. Money is a core survival issue. It’s central to our lives, regardless of how much you earn, where […]
Re-financing Hits Record Levels
Re-financing Hits Record Levels and Home Values Surge Past $9 Trillion A recent surge in switching among property investors has helped lift the amount of mortgage refinancing being undertaken to record levels. Lending indicators released by the ABS show mortgage holders refinanced $17.8 billion worth of home loans to another lender in August – the highest […]
Shifting your money mindset
Adapting your attitude for financial success Growth Predicted Next 12 Months There’s a common saying that states your life is only as good as your mindset. And as simple as it is, it’s true. Mindset is a set of beliefs that shape how you make sense of the world and yourself. It influences your thoughts, […]