Author Archives: Admin

Top pros and cons of selling your investment property

// // I have met many property investors who steadfastly hold the principle that one should always buy and never sell investment property. A discussion of whether to sell can be fairly controversial and depends on many factors which can … Continue reading

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Outlook for property rental rates in 2010

// // The RBA left interest rates on hold yesterday in view of the instability in Europe and tell-tale signs that its 6 rate hikes of 25 basis points each since October 2009 is beginning to take its effect on … Continue reading

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Will the RBA raise interest rates in June 2010?

// // Source: Reserve Bank of Australia The RBA has increased the cash rate from a 49-year low of 3% in October 2009 to the current 4.5%, a strategy of six 25 basis point increases over the last 8 months … Continue reading

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How to buy a Balinese villa for investment

// // Australians have had a life-long love affair with Bali. Despite the setbacks experienced by the Balinese people as a result of ruthless terrorists, we have continued to favour Bali as our holiday destination and it’s not hard to … Continue reading

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Rhodes Shopping Centre ~ a lifestyle convenience for local residents

// // The Rhodes Shopping Centre is located at 1 Rider Boulevard off Homebush Bay Drive in Rhodes, Sydney. The shopping centre opened in December 2004 which is part of the Rhodes Waterside development. The centre was acquired by the … Continue reading

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Northern beaches apartments: 15/14-20 The Avenue, Collaroy

// // Apartment 2 bed, 2 bath, 2 car Built Near new Size 100 sqm approximately The asking price for this apartment is over $720,000. This east facing apartment is located a street back from Collaroy beach which is approximately … Continue reading

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Will Australian property prices keep rising in 2010?

// // Australian property prices have weathered the global financial crisis in 2008 and 2009 extremely well and our nation remains the only developed country in the world that avoided a recession during that time. Notwithstanding the GFC, property prices … Continue reading

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Sydney Inner west apartments: 32/21-25 Coulson street, Erskineville

// // Apartment 2 bed, 2 bath, 1 car Refurbished 2007 Size 85 sqm internal space including ground floor courtyard. It has security car space of 12.65 sqm and  a separate storage facility of 4.2 sqm. Asking price Close to … Continue reading

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New sales tax for NSW property buyers

// // // ]]>// New South Wales home buyers will incur a new sales tax for the sale of residential and commercial property above $500,000. Under the proposal released by the Minister for Lands, Tony Kelly, the new land transfer … Continue reading

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Sydney North shore apartments: 28/56 Christie street, St Leonards

// // // ]]>// Asking price: $650,000+ in May 2009. Apartment 2 bed, 2 bath, 2 car Built 2000 Size 90 sqm Strata levies $1,108.00 per quarter This is a fifth floor apartment of the Mirvac Shoremark developemtn with views … Continue reading

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Sydney North shore apartments: 9/25 Hampden Avenue, Cremorne

Apartment 2 bed, 1 bath, 1 car Built Mid 1960s, renovated 2005 Size 88 sqm including balcony Strata levies $896.00 per quarter This is a second floor apartment with a bright and airy feel with a leaft outlook from its … Continue reading

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Northern beaches apartments: 5/180 Pacific Parade, Dee Why

// // // ]]>// Apartment 2 bed, 2 bath, 1 car Built 2009 Size 116 sqm internal and terrace Strata levies $463.35 per quarter This courtyard apartment is one of 18 apartments in “The Tasman”, located merely 100m from the … Continue reading

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Sydney Inner west apartments: 17/1 Barr street, Camperdown

// // // ]]>// Apartment 2 bed, 2 bath, 1 car Built 1920s; converted 2007 Size 96 sqm Strata levies $640.65 per quarter This apartment is a warehouse conversion with a blend of industrial and contemporary feel such as exposed … Continue reading

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Melbourne tipped to take over Sydney as Australia’s no. 1 city

// // // ]]>// Melbourne is going through a property boom at the moment where house prices have surged 27% over the last 12 months. It is the fastest growing city in Australia and is expected to overtake Sydney as … Continue reading

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How to secure a rental property

// // // ]]>// Vacancy rates for rental properties in major capital cities across Australia are at all-time lows, some even going below 1% of available rental properties in the market. There have been horror stories that renters in certain … Continue reading

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Established home prices in Gladstone, Queensland

// // // ]]>// Based on my research of over 35 established homes currently listed for sale in Gladstone, Queensland, an average 4 bedroom 2 bathroom 2 carspace home with a land size of approximately 700 sqm has an asking … Continue reading

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Reasons for 6th interest rate increase since October 2009

// // // ]]>// The Reserve Bank of Australia has increased interest rates by 25 basis points today for the sixth time since October 2009’s 49-year low of 3%, bringing the cash rate to 4.5%. The RBA cited increasing demand … Continue reading

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4 Austin Place, Melton South

// // // ]]>// Melton is located 42km northwest of Melbourne CBD via the M8 Western Freeway. 4 Austin Place is a development located located approximately 1.5 km from the Melton train station and 2 km to all the conveniences … Continue reading

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How to avoid buying a dud apartment

// // // ]]>// When buying an apartment, the same principles and good common sense apply and these include the usual location analysis, good public transport and amenities, attractive floor-plans and unique points of differences, modern conveniences such as reverse … Continue reading

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How to get into property development

// // // ]]>// For any budding residential property developer, I cannot recommend more highly Ron Forlee excellent book on the subject. Among the key topics covered in his book include: Understanding the residential property market and development process Getting … Continue reading

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