RBA Property

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 a car. It might look shiny and sleek on the outside but on closer inspection by a mechanic or panel beater you may discover the engine needs a complete overhaul, the brakes are shot or there’s been some major body work done to hide the effects of a previous collision. There are two main types...

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 to be in the market for only a couple of years? if you overpay just slightly for a property, and the market doesn't behave itself, you're in trouble. As investors though, the focus needs to be on paying fair value for a property and buying in the right market. Buying at the right time is a secondary...

7% Rental Return on Sydney Apartments I would like to share a recent property sale for a client of mine. He has been looking to sell his apartment and had spoken to a real estate agent. The agent had quoted him a sale price range between $480,000 to $525,000. The owner felt the price was below his expectations and he came in contact with me. The details of the property being offered for sale are: 1 br Apartment approx 1 yr old. Nice city and distant views from high balcony Located walking distance to train station, university and colleges, shopping center, entertainment precints, short walk...

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...