Archive for January, 2014

HIA: New home sales increase nationwide during December

New home sales increased nationwide during 2013, which could be great news for those with an interest in off the plan property development in Sydney. While 2012 saw a dwindling in the number of new homes built, last year saw a growth in their prevalence.
Housing  Industry Association Economist Diwa Hopkins said the recovery undergone in 2013 was the first recorded … Read more »

Improve the rent appeal of your home

When preparing a house for rent there are a few things that can drastically increase the appeal for tenants. While some are as simple as tidying up, others involve a fresh coat of paint and increasing curb appeal.

Cleaning is the first and most simple step when preparing a home for rent. Straightening furniture, polishing floors and cleaning carpets can do … Read more »

What the Strata Title Law Reforms mean for tenants

The recent Strata Title Reforms have big changes planned for both property investors and tenants alike. Coming about in response to matters raised by the community, there were over 600 law changes proposed. While these suggestions have had a major part in developing the reforms, what do they mean exactly for tenants?
The basic outline of the reform has a few … Read more »

Where should I buy a Sydney property?

If you’re on the fence about purchasing an investment property in Sydney but don’t know where to buy, a better understanding of the area could help you. It’s important to remember that Sydney is home to a variety of vastly different suburbs in terms of style, culture and lifestyle.
East of the CBD

If you’d prefer to purchase a property next to … Read more »

What the Strata Title Law Reform means for property investors

With more than 72,000 strata schemes in New South Wales totaling to $350 billion in assets, strata title law reforms can have a massive impact on property investors. The new strata laws set to go through parliament in 2014 include a comprehensive set of reforms that will have significant impacts.
According to the Strata Title Law Reform Position Paper released by … Read more »

Focus your investments: The benefits of establishing real estate goals

Like everything in life, purchasing investment property is far easier to undertake when you have a clear set of ideas and goals that you can actively work towards, rather than simply approaching the market without preparation and expecting to secure a great property.
Establishing a property portfolio is a culmination of research, patience and finding the perfect market conditions to purchase … Read more »

Sydney investors have a lot to gain

The news couldn’t be better for those looking to sell or invest in Sydney’s property market – the NSW capital recorded the lowest percentage of loss-making resales in the September 2014 quarter, according to the CoreLogic RP Data Pain and Gain Report.

According to the report, only 2.6 per cent of Sydney properties recorded a loss in profit on their original purchase … Read more »

Buying an apartment: Understand the basics of strata

Owning metropolitan property in Sydney is a desirable position to be in, and one of the best assets that could be in your possession over the next few years. With the expected population boom heading towards the New South Wales capital, central business accommodation will be in hot demand.
However, there are a wide range of things to investigate when considering … Read more »

The inner west maintains poll position

The adage “inner west is best” continues to ring true, with momentum from 2014’s burgeoning property prices in Sydney’s inner city suburbs anticipated to endure well into 2015. This comes amidst generally cautious forecasts for the Sydney market leading to the new year.

According to predictions made by CoreLogic RP’s Senior Research Analyst Cameron Kusher, the rate of value growth in capital cities … Read more »

Unit rental yields increase in Sydney during 2013

The latest release from the Australian Property Monitors (APM) has found the rental market across the nation has undergone some interesting changes during the last 12 months, which be great news for those interested in Sydney investment property.
Nationwide, the median asking wEekly rent has increased by 0.9 per cent for houses over the last 12 months, while the asking rent … Read more »