What have you done Royal Commission? We all jumped for joy when the government announced The Royal Commission into misconduct in the Banking, Superannuation and Financial Services Industry. That’ll teach the big banks for ripping us off all these years! Who were the winners and who were the losers? The answer isn’t as simple as…
“Why do people get greedy as soon as development is mentioned when selling their property?” You want to sell your house that sits on a lovely 6000m2 block of land? It’s worth about $750,000. BUT, the sales agent mentions, a developer might be interested and, suddenly, you are seeing $$$$ Dollar Signs on every door…
2019 has started with a Bang. Waking up, January the first, and it seemed like the whole week of the first week of January, all we got was negative news from the media. Which is probably called for, and fair enough. So what I’ve done is, compiled a few of the news reports, that…
Property Clock, Property Cycle, Market Trends – do they mean anything and if so, how do we make sense of them? These are questions I get asked on a weekly basis. It seems the topic of market cycles and property clocks is top of the list in the minds of property investors looking for a…
Recently I sold my home It was a cute unit on the water at Mooloolaba on the Sunshine Coast. As head of research at Real Property Advice I review all sorts of data and trends and believed that my suburb was peaking at the top of its property cycle. Yes, I am now temporarily homeless,…
Auction Inaction.. The other week I saw Angela, an old friend of our family who I had not seen in about 6 years. I told her I was surprised to see her as I thought they had moved away from that suburb. The last time I had seen Angela and her husband, they had sold…
Time to get personal… (Following on from our article about buying in a managed complex, this article focuses on ownership of a property within a managed complex.) In 2004 I had left my last career and was starting our buyer’s agency business. While I was waiting for licensing and other things to get moving, I…
What is a Manged Complex Buying and owning a property in a managed complex is more popular than ever before. The words Body Corporate or Onsite Management once sent chills up the spines of many people, including investors. However, by choice or by necessity, managed complexes are now a more common property option and are…
Story Time Let me tell you about some people I know from Western Australia, Robert and Jane Baker. They had been married 30 years and bought their first home 2o years ago in the late 1990’s. Like most Aussies, the Bakers had bought and sold houses a few times with mixed results but had never…
Inspection of a development site one of our developers has under contract.