Property ownership and affordable housing have already played a major role in the current federal election campaign, highlighted by the constant speculation of interest rate rises. One issue out of left field has been the fast-emerging shortage of rental properties. Not only are tenants feeling insecure about their accommodation, but their rents are rising at…
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The gap between the values of houses and apartments in Australia is growing as the pandemic continues to influence our real estate market. Having pushed the nation’s average price growth above 20% in 2021, pandemic-era buyers continue to show a preference for houses over apartments. Industry researcher CoreLogic reports the price disparity between residential property…
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Property investors are welcoming the opening of Australia’s borders in the aftermath of the pandemic lockdown, with predictions of a turnaround in rental income growth. Landlords on the east coast of Australia are likely to be the greatest beneficiaries of the change in immigration policy as their markets suffered the most severe downturns, with rental…
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Real estate investment can become more attractive under certain economic conditions, such as when rental rates increase, interest rates are favorable, or other investment markets show volatility. These factors can potentially create opportunities in the property market. Rental demand may sometimes increase due to various economic and social factors. For instance, some individuals might choose…
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Achieving long-term financial security through property investment has become increasingly popular with younger buyers, who recognise the long-term growth potential of the sector and its capacity to generate wealth. There are several ways in which you can begin your investment journey. These include buying into property funds such as REITs that exclusively invest in real…
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Since the pandemic hit, the rental scene across much of Australia has been a roller-coaster ride. The exodus of residents as we closed our borders, especially overseas students, had an economic impact on many landlords. Today, the situation is turning around with the national rent average rising almost 2 per cent, according to industry researcher…
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As a real estate investor, understanding the dynamics of the rental market is crucial for making informed decisions. While specific conditions can vary year to year, certain trends tend to persist or recur in the rental market. Here are six key trends to watch: Rent Fluctuations. Rental rates can be influenced by various factors, including…
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Investors will likely enjoy 2022 on the back of the most optimistic outlook for rental incomes since 2008. Rents nationally averaged an increase of almost 10% last year despite a Covid roller-coaster ride on which many city apartments sat empty after students and non-citizens headed home because of the pandemic. While gazing into the crystal…
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Buying an investment property is always exciting, regardless of whether it’s your first or 20th deal. You’ll likely need to spend some upgrade cash to maximize your income unless you’ve purchased a brand new home or apartment. As an experienced agent, I’ve helped many investors purchase great properties that have been highly profitable. High-value tenants…
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If you own investment property that’s rented, you’re approaching a familiar time of year when you must gather receipts for expenses and income to prepare an end-of-year statement for the IRS. You’ll find a comprehensive outline of how to complete a submission under “Topic 414” on the IRS website, but as an experienced agent who…
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