Using a Self-Managed Super Fund (SMSF) to invest in property has gained significant attention in recent times. This approach to property investment offers several distinct advantages that can empower individuals to secure their financial future effectively. Here are five key points to consider when buying property using an SMSF: 1. Strategic Diversification: Incorporating property investments within...
The most common contributing factors to the property market. The property market is influenced by a wide range of factors, and their importance can vary depending on the specific location and economic conditions. Here are some of the most common contributing factors to the property market: Supply and Demand: The fundamental driver of property prices is the balance between supply and demand. When...
An investment property vs paying off your home mortgage. In this market insight we discuss the key advantages of both financial planning strategies. Not one strategy suits everyone, however they both offer different benefits. Let's explore these in more detail. Whether to buy an investment property or paying off your home mortgage, both are a significant financial decision that depends on your...
Setting a New Year's resolution for buying a property is a great goal that requires careful planning and commitment. Here are some specific and actionable resolutions you might consider: 1. Define Your Property Goals: Clearly articulate your reasons for buying a property. Whether it's for investment, homeownership, or another purpose, having a clear goal will guide your decisions. 2. Create a...
Why is property rent so high in Melbourne? There are several factors that contribute to high property rent in Melbourne. Supply and Demand: Melbourne is a rapidly growing city with a booming population. High demand for rental properties often outstrips the available supply, leading to higher rents. Limited Land Availability: Melbourne is geographically constrained, surrounded by water and green belts,...
Are you ready for property investment? No doubt, Australians are aware that property investment is among one of the best investment assets to own. Having an asset that pays you a monthly income stream (rent) and overtime grows in value, what a great asset class to be involved in. It can be a running conversation at a friends dinner table, but having the courage to make the next steps to buying your...
Does a swimming pool help your investment property? Whether a swimming pool adds value to an investment property can depend on various factors, including the location of the property, the preferences of potential buyers or renters, and the overall market demand. Advantages of a swimming pool: Increased Appeal: In some areas, a pool can make a property more attractive, especially in warmer climates...
Top tips for landlords. Owning an investment property can be very rewarding, particularly with the fact you receive a regularly monthly income stream (rent). It's not always easy to own and maintain a property, especially if you own multi properties. In this market insight we provide some simple tips for landlords that will help better manage their property. 1. Employ a Property Manager Some landlords...
Bank valuations vs Market valuations. In majority of cases, people looking to purchase a property to invest or occupy will acquire it with the help of borrowing funds. If this is the case, the loan application process will require a bank valuation in the lead up of offering you an unconditional loan approval. Many people receive a variety of market valuations in advance to obtaining a loan approval, but...
Great investor quotes. Certainly, there are many famous quotes from successful investors that offer valuable insights into the world of investing. Here are some timeless great investor quotes from renowned investors: Warren Buffett: "The stock market is designed to transfer money from the Active to the Patient." Peter Lynch: "The best investment you can make...