Of course they make commission from Property Sales. If you go to a lawyer or an accountant you pay fees for advice. However if you do your own research and buy through an agent the agent makes a commission which you are indirectly paying for.

So the question you should ask is the property good and value for money. In this day and age you can do…[Read more]

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rick traberg a great builder 0408355568

Clearly they make a $30,000 commission

Most of these groups make commission so do agents what it comes down to is you should always do your own due diligence. That means researching everything in the area via the internet. I also strongly recommend if you are from interstate take the time to go to the location and see it for yourself. I this day and age there is no excuse if you buy…[Read more]

yes Nick Skarajew email [email protected] he is a great guy should be able to assist you

When we look at the Melbourne market we have more than 100,000 people a year moving to Melbourne. That includes the highest net migration from NSW to Victoria since 1888. Why are so many people moving to Melbourne, the worlds most liveable city helps and it is still much cheaper than Sydney. Even new home areas such as Mernda are only around 25km…[Read more]

Hi Micky

There are many areas that are good for growth. However it does come down to what you can afford. Never over commit yourself.

Hi Micky

Apart from population growth their is also a shortage of titling land. Even if you buy a block in some cases you may be waiting a year of more.

The other thing is we also have the highest net migration from interstate since 1888. When I talk to people from Sydney I am told that many people are moving from Sydney to Melbourne because…[Read more]

Great Advice Kym

I also think part of the problem is that many Property Management companies and just a division of a sales company. Many owners of these companies see their property management divisions as an opportunity of getting more listings. Thats why you are often dealing with inexperienced property managers

I prefer to deal with…[Read more]

In my view Melbourne has another to 4 years in the current cycle. Most estimates are that Melbourne will add another 1 million people to the population. Thats nearly 2000 a week and they are currently building only around 300 houses a week. In many cases land is in some cases as much as 12 to 18 months away from being titled.
In Brisbane prices…[Read more]

Neither

I just got the new Samsung Note 8 its a great phone

I do not necessary think all new property is bad however it depends on what is recommended. Certainly Student accommodation is not good. Look at the finance you get to start with. The banks consider these a risk. Now if your accountant has good apartments that are cheap that may be different. However the CBD, Dockland and Southbank have really not…[Read more]

Sorry

I would never recommend student accommodation as an investment. Its a poor investment. As mentioned you want to appeal to owner occupiers. Small student apartments only appeal to investors. Generally the returns are not that good and capital growth is terrible. Perhaps you should change accountants lol

Hi Steve

I could not agree less. Apartments especially apartments in the CBD have not been a good investment especially when it comes to capital growth. Also currently funding especially CBD apartments are a major problem with valuations coming well under purchase price. Many apartments in the CBD are tiny. It is important to remember that the…[Read more]

Hi Steve

I could not agree less. Apartments especially apartments in the CBD have not been a good investment especially when it comes to capital growth. Also currently funding especially CBD apartments are a major problem with valuations coming well under purchase price. Many apartments in the CBD are tiny. It is important to remember that the…[Read more]

They offer a reasonable return management fee are very high. The other major issue is often they are not in high growth areas. At the end of the day strong growth is what you should be targeting

120,000 people moved to Melbourne last year. I would stick to Melbourne to a house and land package. Perhaps buy one that is a few years old you will save a lot of money from brand new and still get great depreciation. Areas like Clyde North are great just a 10 minute drive to Fountain gate which is the second largest shopping centre in the…[Read more]

I think it is always a hard decision.

However it depends on what sort of income you are paying and what sort of tax you are paying.

With an investment property consider the following

You can negatively gear and claim all the deductions such as depreciation and interest payment ect. You cannot do this with an owner occupied property.

When…[Read more]

Ethan its speculation from the point of view that if you buy an investment and hold for 10 years we know from history that values will go up and perform well. All the things you have said I agree with however why its speculation is that I study markets all the time but no one knows what may happy in the next 12 months. If there is a correction in…[Read more]