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Why should I buy property in Sydney Inner West ?

Why should I buy property in Sydney Inner West ?
The greater Sydney area as a whole whilst generally having higher prices than other capital cities, is blessed with high natural rental yields of 5.0% +, low vacancy rates, and a chronic under supply in new dwelling completions. ANZ Economics notes that dwelling completions for Sydney are currently running at about 26,000 (about half the amount of a decade ago) and well below current requirements. They also report a serious disparity with dwelling starts, estimated for 2011 at 130,000, down from the 149,000 of 2010, and well shy of the estimated 180,000 required to fill current demand. The practical...
Property Investors

Factors to Consider When Buying a Unit

Factors to Consider When Buying a Unit
Not all units have been created equal and you should therefore make sure to take care and do your homework before taking the plunge. This section will focus on some of the issues that you will have to consider. It will move from more general considerations to the evaluation of a specific development/unit. Location Where you buy a property is obviously a very personal decision influenced by considerations unique to your own circumstances. There are, however, some general guidelines that you should perhaps take into account when making this decision. In the case of units it is advisable to...
Rental Property

Top 5 Ways to Stop Paying Rent

Top 5 Ways to Stop Paying Rent
Top 5 Ways to Stop Paying Rent Ever-increasing house prices and soaring rents are making it harder for people to save for their first home. But if you’re yet to break out of the rental cycle and enter the owner-occupied property market, here are five key steps to stop paying rent and start paying off your own home. 1. Save like it’s going out of fashion! It may seem like obvious advice, but many people simply fail to begin saving soon enough, or fall into the trap of spending too much on unnecessary things. They get used to a spendy lifestyle, and end up with new...
Overseas Buyers

Foreign Property Buyers- Changes in FIRB rules

Foreign Property Buyers- Changes in FIRB rules
Foreign Investment Rules For Australian Residential Housing This will effect non-resident property investors (overseas buyers) and temporary residents of Australia Changes to foreign investment in real estate rules All temporary residents seeking to purchase an existing property in Australia will now be brought within the FIRB notification, screening and approval process. Temporary residents will be required to notify, be screened or be approved by FIRB. Today’s changes ensure that temporary residents are subject to the same compulsory notification, screening and approval requirements...
Recent Articles

Why should I buy property in Sydney Inner...

Why should I buy property in Sydney Inner... The greater Sydney area as a whole whilst generally having higher prices than other capital cities, is blessed with high natural rental yields of 5.0% +, low vacancy rates, and a chronic under supply in new dwelling completions. ANZ Economics notes that dwelling completions for Sydney are currently running...

Factors to Consider When Buying a Unit

Factors to Consider When Buying a Unit Not all units have been created equal and you should therefore make sure to take care and do your homework before taking the plunge. This section will focus on some of the issues that you will have to consider. It will move from more general considerations to the evaluation of a specific development/unit. Location...

Is Now a Good Time to Buy an Investment Property?

Is Now a Good Time to Buy an Investment Property? They say timing is everything, and in real estate this certainly can hold true, but it all depends on what your objective is. Timing is often the primary focus of real estate entrepreneurs, who make a very big deal about when to buy, and when to sell. And indeed timing is very important if you are going...

Introduction and Advantages of buying a Unit

Introduction and Advantages of buying a Unit The desire to own your own home is so deeply ingrained in the Australian psyche that it is often referred to as the Australian Dream. Having that home on its own block is perhaps the normal way in which this dream gets visualised. There is, however, another way of owning your own little piece of Australia...

Top 5 Ways to Stop Paying Rent

Top 5 Ways to Stop Paying Rent Top 5 Ways to Stop Paying Rent Ever-increasing house prices and soaring rents are making it harder for people to save for their first home. But if you’re yet to break out of the rental cycle and enter the owner-occupied property market, here are five key steps to stop paying rent...

Top 4 things to do before buying a Unit

Top 4 things to do before buying a Unit Before Making an Offer: Due Diligence Basics It is amazing how laissez-faire some people are about property purchases, even though it is likely to be the most significant transactions they ever enter into. Make sure that this cannot be said of you by doing your level best to identify any issues that...

It pays to get a building report and pest...

It pays to get a building report and pest... There are times when it pays to bring in the professionals, particularly when you’re thinking about buying residential property. That is to say, unless you’re an expert there may be serious problems or defects that may go unnoticed if you do a property inspection yourself. It’s a bit like buying...

The Formula that Doubles Your Money - Property...

The Formula that Doubles Your Money - Property... It's every investor's dream come true: the benefit of hindsight. While we may not have a crystal ball, there is a simple tool which can help us figure out how much good or harm a specific decision would bring before it's even made. It's an easy piece of maths magic called the ?Rule of 72?, and if...

Should I buy an Old Property or a New off...

Should I buy an Old Property or a New off... You and I buy a renovator's delight, pay for land value, demolish, build a brand new house on it, and make lots of money. That's being entrepreneurial, and it makes for great dinner party conversation. Buying a new property, holding it with minimal capital expenditure and forgetting about it for 10...
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Why should I buy property in Sydney Inner West ?

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