Investing in Property
Some interesting stats came out of a recent Roy Morgan survey: Over the last four years the number of investment property loans in Australia has grown by 37% compared to an increase of only 4% in the number of owner occupied loans. Of course this in line line with what we’ve been hearing about investors dominating the
It’s the age old question – when moving home do you buy or sell first? When recently asked this question by a journalist you’ll see below I have strong views, and interestingly they are the exact opposite of the president of the Real Instate Institute of Australia Here’s the article that appeared on news.com.au
In his recent commentary on Switzer Commsec chief Economist Craig James explained why he believes despite all the media hype that Australian homes are still affordable. He said: The Rismark housing affordability measure indicates that home prices stood at 4 times household disposable income in the December quarter – a figure broadly unchanged on a decade
The debate to rent or to buy has heated up following a new investigation by finder.com.au, which found Australians are likely to pay almost the same cost to buy a home compared to renting for the next 30 years. Finder analysed RP Data Rismark Daily Home Value Index, and found the total cost for the national
Some big changes have recently occurred to the information held on consumer credit files means so it’s now more important than ever for consumers to keep a clean record, especially as your credit history is one of the important factors taken into account by lenders when assessing your borrowing capacity.
Recently I was asked by Australian Property Investor Magazine to explain which research tools I use to make my property investment decisions. They probably thought I would quote the Australian Bureau of Statistics, SQM Research, RP Data and the like. While I use these great resources, that’s not the answer I gave. Here’s what I