Despite lockdown Victorian businesses more positive about state’s economy

Melbourne businesses are twice as optimistic as they were a month ago when it comes to what they think the Victorian and Federal Government economies will look like in 12 months. According to the September Sensis Business Index, 35% of Melbourne businesses believe the Victorian economy will be better in a year compared with 17% […]

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Why chasing high cash flow properties may be detrimental to your wealth

Everyone likes cash, don’t they? While most of us don’t have much of it in our wallet anymore because it’s been replaced by a bank card, that doesn’t mean that we don’t spend much of our lives wanting more of the stuff. Whether it’s through a salary or starting a business, most Australians would like […]

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Australians refinance $53.7 bn worth of property loans during the pandemic

New ABS Lending Indicators data released today shows new home lending increased in July for the second consecutive month, following earlier lifts in COVID-19 restrictions to auctions and open homes.  The value of new home lending rose by 8.9% in July, following a 6.4% rise in June based on seasonally adjusted figures. Canstar analysis of […]

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How do housing markets recover from an economic shock? These were the top performing suburbs

How do housing markets recover from an economic shock? Analysing housing data three years post-GFC may provide some clues In fact new research from the Property Investment Professionals of Australia (PIPA) and CoreLogic  identified the best performing capital city and regional locations three years after the Global Financial Crisis. This research found that capital city […]

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Should you pay off your home loan before you invest?

Paying off your home loan sounds like a great idea. So does investing for your future. If you don’t have enough money to do both – and a lot of people don’t – which do you go for?  Most people are actively paying off both the principal and the interest, because that’s what they’ve always done. […]

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5 big mistakes investors make when analysing rental properties

Thinking of buying an investment property, but you truly don’t know where to start? You’re in good company: many new investors feel overwhelmed and bamboozled by information and research when they’re deciding where to buy. This can unfortunately lead to costly mistakes, so here’s a handy list of five crucial missteps property investors can make […]

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Despite Covid 19 Australia has 46 NEW million-dollar suburbs

Believe it or not…Australia has 46 new million-dollar suburbs despite the Coronavirus induced recession. Melbourne saw median house prices in 24 suburbs exceed the seven-figure threshold this year, while Sydney had 15 and Brisbane, seven. ​Despite everything that’s been thrown at them, our property markets have remained remarkably resilient. And the upper end of the […]

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Advice for rookie property investment

Property investment is not something you should ever enter into lightly. But for some reason, that’s what a lot of people who have dreams of making millions with real estate do. They think, ‘I can go out, buy a house somewhere, stick some tenants in it to pay the mortgage and make a killing! How […]

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Property prices fall but avoid the predicted major slump: Domain House Price Report

House prices have fallen nationally by just 2 per cent over the last March-to-June quarter according to the latest Domain House Price Report. Yet some of the headlines in the media say “Property prices plummeting” Far from it! At a time when unemployment is rising and household incomes are shrinking, our housing markets have remained […]

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not the big answer to housing you might think

There has been significant growth in small house living, but that doesn’t mean Australia should go in big on them. Don’t let their sizes fool you – the tiny house movement is big. These micro-scaled homes are populating Instagram feeds and, even have a Netflix series aptly named Tiny House Nation. Championing a simple-living alternative […]

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