I agree with all the comments. The increase of close to 40% in these areas have lifted the 10 year growth rate fron 1-2% big deal. What that means is that these areas are over priced and there are to many investment properties there.

Save your money and invest in Melbourne Brisbane or if you what positive look to New Zealand

Nigel…[Read more]

Hi Luke

Michael and steve are dead right. You can look at all the reports you like. To research a market you have to understand what properties are worth and how much they will rent out for for. What you have to do is inspect all the properties for rent and sale in a given area. Talk to shop keepers, anyone you can find who will tell you about…[Read more]

Hi Steve

An important issue should be the lack of people saving money in this country. There are not enough incentives. As you know in New Zealand with no capital gains tax no stamp duty and higher depreciation the government at least encourages people to save money. Lets not forget you can also borrow against a super scheme in New Zealand.…[Read more]

I cannot not speak for everyone, however I do not deal with developers or marketing companies I only get paid by the buyer. I work for them not the vendor. Most market companys get huge commissions from the vendor but pretend that they are on your side. When you deal with companies like mine or Michael Yardneys you who that we look for the best…[Read more]

You will often find that by purchasing a property for investment, will be tax deducable and often you can rent a better property than you could afford to buy and by purchasing a property and putting a tenant in you can buy a better investment property.

I think I have confused myself

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New…[Read more]

Mnay of these companies are marketing companies that have 20-30,000 commissions loaded into there property. Either do the research your self or use a buyers advocate that works for you not the vendor

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

If you are purchasing a property that will have high capital growth then an interest only loan will assist you with you cashflow and help you acquire more property

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Although the market has slown down, I see no signs of the types of falls you are refering to. There seems to be alack of property on the market. It will be interesting to see what happens in the spring markets

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Hi Westan

I am hearing the same thing from agents I am speaking to however it has been a cold winter and with the lack of property on the market this is also helping to keep prices stable. This is also the same in Australia. It certainly applies in the inner suburbs of Melbourne. In New Zealand it will be intrsting once we see spring as to what…[Read more]

If I was in your position I would sell the block and purchase an investment property that will provide you with a good return. At your stage this will enable you to purchase a property that you could not afford to live in and will save you the cost of building. When you build you also pay the builders profit. If you buy a house in a good location…[Read more]

Hi Dave

Naturally you should get some sound advise from either a property accountant or solicitor. However in Australia if you buy in your own name or a trust and you keep the property for at least 12 months you will only be taxed on 50% of the capital gain. If on the other hand you buy in a company you will only pay 30 cents in the dollar…[Read more]

Personally. I do not see the point in buying a neutally geared property with no capital growth. You will in many cases omly get 65% lend so you are either tipping in cash or a line of credit.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

It is hard, you can find them in country areas but I think that they are not worth buying. You might try New Zealand. It still provides positive cashflow and growth

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Its not a bad idea, often you can rent a better property than you could afford to live in. As long as you are investing your money somewhere, that is what counts. The only question I would have is where do you expect to purchased positive cashflow property.

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers…[Read more]

Also mark
Do not buy in a company name, otherwise you will pay capital gains on 100%. Only buy in a company if you intend to sell within 12 months

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

Don and Liz are correct. We used an international tax consultant to work out the best structures we then use a very good accountant to put it into place. You still pay tax but it gives you more options when you sell

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

If you are investing in new zealand you need to establish the correct structures there may some protections. After all capital gains tax is a tax on profit. It is not about avoiding tax but being able to leave it in New Zealand

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars

I would personally stay out of new housing in the point cook area. If you like the area look for established you will pay less. Try suburbs like Bentleigh and I would not rule out suburbs like fairfield, coburg ect. You may struggle a little on price but some of the northern suburbs are close to the city. If you stick to character houses then you…[Read more]

Even the New Zealand government realise that many of there own people will not have enough money in retirement. With a complusary super scheme, this will take years before it has any real impact on the economy. In Australia we have had this scheme since the early 1980s and most government figures are still indicating that most people will not have…[Read more]

They were Richmastery Australia. I do not know whether they still are or are now separate. They tend to buy in many cases in small towns. How else do you get positive cxashflow in Australia

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars