“Many investors see the current market as the opportunity of a lifetime: the chance to put a lot of properties into their portfolios very quickly with minimal risk. Adding properties at a profit and with positive cash flow is incredibly easy right now.” You could be...
There were 1,894 homes taken to auction over the week, increasing from the previous week when 1,197 auctions were held, although significantly lower than this week last year when 3,136 auctions were held across the combined capital cities. Preliminary results show a clearance rate of...
This week, all of the busiest suburbs for auctions are in Victoria. Glen Waverley tops the list with 19 homes scheduled for auction. Followed by Bentleigh East and Reservoir with 17 and 15 scheduled auctions respectively. Auction activity will increase across the combined capital cities this...
We’re back with Nicola McDougall and Kevin Turner as they discuss interesting stories in the real estate industry this week. For our first story, we have a high tech home from a residence that instantly says upper class. Haute Residence is featuring a property so filled...
Most first-time property investors soon discover that they need a tax depreciation schedule and require a Quantity Surveyor to supply one. But what is a Quantity Surveyor and how do we come up with your depreciation deductions? Usually Accountants or property professionals like a Real Estate...
Google’s Cloud Platform team hosted a 3-day Hackathon at Sydney’s head office. We’re here with CoreLogic’s Patrick Shallvey, a project manager PMO to discuss what they learned there. CoreLogic was also joined by two of their key banking partners, National Australia Bank, and Westpac. The Hackathon...
Investors might have noted some recent positives in the Australian economy. June quarter GDP growth of 3.4% was above potential and the fastest rate since 2012, while business investment has been looking healthier and infrastructure investment and exports have been supporting growth. We have seen pretty...
In what was a relatively quiet week because of the powerhouse Melbourne property market taking a long weekend, Matt Lancashire and Nicholas Given from Ray White New Farm in Brisbane set about establishing another record sales result for that city, selling a riverside property under...
Real wealth Australia has been helping to educate prospective investors for more than a decade on how they can make smarter property purchasing decisions. Your Investment Property spoke to founder Helen Collier-Kogtevs to get her advice on how investors can equip themselves for their property...