Did you know that around 2 million Australians own an investment property? That’s a considerable amount of people who have chosen real estate as their investment avenue, and for good reason too. Although the property market has it’s ups and downs, it doesn’t experience the same crashes that stock markets go through. So, whether you already have a few investment properties in your portfolio or just starting on your journey, we have compiled a list of tips to help guide you.
John McGrath Newsletter, August
Tens of billions of dollars were wiped off the Australian share market last week as the world got increasingly nervous about a possible global recession. Meantime, property values remained stable.
Earlier this month, the S&P ASX All Ords finally went beyond its previous peak – back in 2007. That means it took 12 years to recover from the GFC compared to two years for the Sydney and Melbourne property markets. A timely reminder that property is a safer option, and most importantly a stable asset class for everyday investors.
Buying Tips
Deciding to buy a property is exciting no matter if it will be your first or just the next project added to your property portfolio. Due to the ever-changing nature of the property market, you shouldn’t neglect doing your research before jumping into buying no matter how much experience you have under your belt.
Here are just a few important tips to help you make the right decision when it comes time to make the big leap!
Kitchen Splashback Trends
Your kitchen splashback has the ability to make or break the room that makes up the heart of your home. Whether you’re looking to make a real statement (or splash!) or want something that is more on the minimalistic side, there’s are trend suitable for your taste.
John McGrath Newsletter July 2019
Buying Just Got Easier
Buyers in Sydney and Melbourne have enjoyed almost two years of falling prices and many have been waiting until they see a floor in the market.
Over the last two weeks, a strong signal that the market has bottomed has appeared after the election result, which coincided with credit easing and talk of two rate reductions. And buyers have marched straight back into the market as a result.
Donna Etchells - McGrath Estate Agents 