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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

Property Tips - Save Money by Home Loan Refinancing

Property Tips - Save Money by Home Loan Refinancing Most Property owners have a home loan.  Home owners have heard the following terms being mentioned by Banks, Friends, at work and even at social parties, terms like Home Loan Refinance | Refinance Loan | Refinance Home Loan Refinance Home | Home Refinancing | Mortgage Refinance So what do all...

Making an offer on a Property

Making an offer on a Property Property Negotiations- Make an Offer Congratulations!You have found a property you like. You may, at this point, choose to take a copy of the contract to your solicitor. You can now make an offer on the property, either directly to the vendor or through an agent. If your solicitor has taken the contract...

Top 10 Mistakes to Avoid When Buying Property

Top 10 Mistakes to Avoid When Buying Property The Top 10 Mistakes to Avoid When Buying Property Buying a good home or investment property can be a fantastic financial asset for you and your family.  Patrick Bright shows you how you can avoid making costly mistakes when buying your property 1. Lack of research Before you can decide whether...

Brisbane Property Buyers go to Bush- Extra...

Brisbane Property Buyers go to Bush- Extra... Brisbane Property buyers have an added incentive to move to the beautiful bush. The Queensland government is offering First Home buyers an extra $4,000 to buy their first property in the regional country side areas. First-home buyers in regional areas will receive an additional $4000 from the Queensland...

Foreign Property Buyers- Changes in FIRB...

Foreign Property Buyers- Changes in FIRB... 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...

Baby Boomers buying Apartments for Sale

Baby Boomers buying Apartments for Sale I have found that nearly half the sale of apartments on the leafy North Shore in Sydney have been to Baby Boomers living locally. These baby boomers have bought the new apartments to either bring family members closer to them of have made a lifestyle decision to move into a easy to manage apartment compared...

Property Renovating Tips

Property Renovating Tips Tips for Renovating your Property Australians have always loved renovating. Earlier this decade during the property boom, we saw a major surge in renovating as home buyers turned to run down homes for affordability and investors realised the opportunity to renovate enhanced the value of their investment....

Can you get 7% rental return on Apartments...

Can you get 7% rental return on Apartments... 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...

Brisbane Property Rents Rising

Brisbane Property Rents Rising Brisbane Property Rents to soar as rising interest rates bite With the Reserve bank of Australia continuing to tighten interest rates, it is starting to become good news for property investors. With the supply of new dwellings way below the demand plus the rise in interest rates resulting in a lot of...
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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...

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The desire to own your own home is so deeply ingrained in the Australian psyche that it is often referred...

Property Investment News and Views 28 aug 09

http://www.buyproperty4less.com/news/...

First-time investor curious on tips for beginning a respectable portfolio?

I am currently interested in starting up my portfolio. Any good investment tips? I figured I should...

Sydney North shore Apartments for Sale

North Shore Apartments

One of the most desirable location to settle in Sydney is the green...

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