Unfortunately, many pre-retirees are finding they may not have enough income to fund their retirement.

The great dilemma; when to downsize and what to downsize to. The transaction costs of buying and selling property make it an expensive exercise, so it pays to do your home work. Once you have a clear idea of your present and future income…[Read more]

If you are thinking of subdividing you block, you could do a straight subdivision if the land size meets your local council standards. Alternatively you could get a Town Planning permission for a dual occupancy house design and a subdivision to create two or more lots .

The guidelines for obtaining the subdivision is:

Make a formal…[Read more]

I recall paying a whopping $88,000 in the very early 1980’s for our first home investment property in the upper north shore of Sydney. House price average was around the $29,000 mark then. Today Sydney’s average house price has escalated to $844,000 and Melbourne average house price of around $19,800 in the 70’s has risen to $615,000 today.

But…[Read more]

Recent reports show there is a growing trend in young persons taking out an investment loan rather than the straight out first home loan. There is an advantage for these astute young persons on good incomes. If one buys a home with subdivision capabilities it generates capital growth faster if the right property is acquired.

These persons either…[Read more]