The RBA has been talking about interest rate rises because of RISKS they see in the economy. Unless those risks materialize, all at once, they will be reluctant to raise interest rates.
My sanity check on the RBA is what the bond market thinks. The RBA keeps statistics on daily bond yield rates on their web site. The current 5 and 10 year bond…[Read more]
The Sept API just showed up Friday. The article doesn’t say anything particularly new (for people in this forum): CF+ properties are rare, far away from major centres and you won’t get much growth out of the places that are out there…if you can find them.
[baaa]
The thing the article was unclear on was the criteria of growth forecast…[Read more]
Taxes scare off the little guys. Taxes are inconsequential – they are a minor part of the reason to invest. A true investor doesn’t worry about taxes. They take advantage of a falling market and make their money then!”
I heartily agree with Mel’s quote of M. Kiyosaki. I’m new in IP and I confess it’s taken me…[Read more]
Yep, it’s not just the coastal areas, but the inland NSW areas as well.
My wife and I bought a 3bdr b/v over a year ago 500m from the beach in Shellharbour area(1.5 hrs s. of sydney) and it’s gone 30% in the last year. I think much of it is the Sydneysiders looking anywhere that’s not expensive, plus a local council that’s smart…[Read more]