After all the fear and uncertainty of 2020, analysts are queuing up to forecast double-digit gains for property prices in 2021.
The main driver is clear enough, being the lowest borrowing rates on record, while Australia's property markets seem more bulletproof than ever having dodged the worst of a nasty pandemic recession.
2020 has been one
of the most tumultuous years in living memory, and yet Australia looks set to
emerge better placed than almost any other country.
Here are half a dozen lessons we learned this year in relation to property ownership and investment.
purchasing or looking into purchasing a property with a body corporate scheme?
If so, then you should get a report done to look at all the minutes and body corporate records in detail.
Have you ever
been confused by price guides and reserves?
Plenty of buyers are! Let's talk a brief look at some of the things you need to know about buying property listed for auction.
not too distant past, borrowers were rushing to lock in interest rates because
they feared paying double digit mortgage rates.
Well, so much for the looming
Why obtain a mortgage pre-approval?
One of the oldest
debates in the property circles is whether you should invest for capital growth
A new online platform is saving Aussie property buyers thousands on the
price of buying their homes by connecting first homebuyers, upgraders,
downsizers and investors with independent, industry-leading buyer’s agents to
help them find, research, negotiate and bid on properties.
only investors, but also homebuyers will need to think strategically when
buying a property in 2021.
Traditionally it's believed that a recession is a bad time to buy a property.
Have you ever heard of a Buyer's Agent? Buyer's agents or advocates represent property buyers during real estate transactions. They're often confused with real estate agents, but these aren't synonymous professions. Real estate agents are those who provide services for a seller, while a buyer's agent is hired by a prospective buyer.
There has been plenty for homebuyers to think about this year.
On the one hand, record low mortgage rates are now encouraging many renters to reconsider the rent versus buy equation. The mortgage repayments for owner occupiers with 20 per cent deposit and low serviceability risk, are very low. Put simply, in many areas it's 'cheaper' to buy then to rent.
Buying a unit of apartment in Australia has become a more popular choice in recent years, and there can indeed be some advantages to apartment dwelling or medium density living.
Australia’s hugely strong population pyramid in the 25-35 years old age bracket combined with a raft of government incentives will bring additional first homebuyers into the market. With Aussies moving less frequently than they once did, it’s more important than ever that the first purchase is a smart one. Here are the 6 tips every first homebuyer must consider.
parents want to give their kids a solid start in life, and finding ways for
your offspring to get aboard the housing ladder sensibly often forms an
important part of this challenge.
Homeowners are holding on their properties for longer to improve their
odds of success when it comes to capital gains.