RATES GO DOWN AGAIN !!

Posted on April 17, 2009 by Admin

THE RESERVE BANK AGAIN DROPPED ITS BENCHMARK INTEREST RATES, AFTER PAUSING IN MARCH, AS IT BATTLES THE GLOBAL SLOWDOWN…  The central bank cut the key rate by 25 basis points (0.25%) to 3%, the lowest level since March 1960. The … Continue reading →

BEGINNER’S GUIDE TO INVESTING …

Posted on February 23, 2009 by Admin

YOU HAVE DECIDED TO BUY PROPERTY AS AN INVESTMENT …  If you have decided to buy property as an investment, but have never invested before, you may think, since now seems to be a buyer’s market, you are ready to … Continue reading →

A NEW $500,000 INVESTMENT PROPERTY FOR $143 PER WEEK!!

Posted on February 22, 2009 by Admin

INTEREST RATES HAVE FALLEN. RENTAL RETURNS HAVE INCREASED. HOW DOES IT LOOK FOR INVESTING? Answer: as our example below shows it is now possible to purchase a $500,000 investment property, with no cash input up front, for $143 per week. … Continue reading →

NOT ALL DOOM & GLOOM!!

Posted on February 22, 2009 by Admin

MARKET COMMENT FROM PROPERTY PROFESSOR PETER KOULIZOS…  This year is going to be a very interesting year. Along with the rest of the world, we are currently experiencing one of the worst financial crises in our modern history. The bad … Continue reading →

MORE RATE CUTS TO COME??

Posted on February 22, 2009 by Admin

TURMOIL IN THE WORLD CREDIT MARKETS HAS HAD A DRAMATIC IMPACT…  In particular, it has seen the RBA aggressively slash interest rates several times with a 1% cut on October 7, a 0.75% cut on November 4, a 1% cut … Continue reading →

LOWER INTEREST RATES INCREASE INTEREST …

Posted on February 22, 2009 by Admin

ARE WE SEEING THE FIRST SIGN OF A RECOVERY?? – The following is an article by John Edwards from Residex. I think its very useful to realise we are at the bottom of the cycle and everything points to a rosey … Continue reading →

CHECKLIST FOR PROPERTY DEVELOPERS …

Posted on January 12, 2009 by Admin

THERE ARE MANY TYPES OF TAX AND ALL HAVE DIFFERENT IMPLICATIONS … If you are thinking of becoming a property developer, or already in developments, here is a checklist to approach your accountant with. There are many types of taxes … Continue reading →

THE END OF COMPETITIVE HOME LENDING?

Posted on January 12, 2009 by Admin

Serious competition is dead … Aussie Home Loans has agreed to buy the distribution network of Wizard and Commonwealth Bank will purchase Wizard’s $4 billion home loan book, effectively ending serious competition in the mortgage market in Australia. Aussie itself … Continue reading →

INOVATIVE DEVELOPERS ARE ADOPTING A NEW TREND …

Posted on January 12, 2009 by Admin

New South Wales property developers are following a trend started in Europe to “build and hold” residential projects rather than selling them off. The new approach comes as rental yields increase and apartment blocks prove to be an attractive investment … Continue reading →

WHAT’S AHEAD FOR 2009 ??

Posted on December 3, 2008 by Admin

RESIDENTIAL PROPERTY MARKETS TO REVIVE IN 2009 DESPITE GLOBAL CONDITIONS! Leading economic forecaster and industry analyst, BIS Shrapnel expects that residential property prices will rise over the course of 2009, following a weak performance in 2008. The company says it … Continue reading →