When it comes to investing in property, never selling has tended to be the rule of thumb, with investors leveraging off an existing property to buy their second or third investment property. This is something investors should bear in mind when considering future financial options. Let’s look at what’s been happening over the past few.
There is no doubt at all that COVID-19 has affected the property market, and while there is uncertainty about Australia’s economy, and some may adopt a ‘wait and see’ attitude, there are opportunities to be had right now for home buyers. Interest rates remain at a historic low This week the Reserve Bank of Australia.
While we haven’t got a crystal ball, and who can predict what the market will do, here are some thoughts from our Director Craig Andriessen J.P. on post-COVID property trends: Lifestyle choices While many people were unable to work throughout the lockdown, there were quite a few businesses which leant themselves to working from home,.
In a bid to support jobs in the residential construction sector, earlier this month the Government announced the new HomeBuilder program. However, analysis from CoreLogic* warns this stimulus will only bring construction forward, rather than create additional demand for construction work. Under the HomeBuilder programme all eligible owner-occupiers (including first home buyers) can apply for.
We are still seeing plenty of buyers being very active especially since we started being allowed to do open homes again in May, and we have the national data to prove it! The latest CoreLogic data show Home sales have risen, with home owners testing the market, and more properties coming onto the market. In.
On 4 June, the Government announced its plan to support jobs in the residential construction sector with the introduction of the new Home Builder program. Until 31 December 2020, all eligible owner-occupiers (including first home buyers) can apply for a grant of $25,000 to build a new home or substantially renovate an existing home. Am.
We’ve been in the business for over 40 years, and the reason is because we find innovative ways to adapt and market your property to the ever-changing world in which we live in – even in these social-distancing times. By utilising the latest technology, we’re very excited to offer state-of-the art non face-to-face digital inspection.
We may well be living in very uncertain times, but while there is a lot of uncertainty at the moment it’s always good to remember, property values rise, remain steady and even decline. But ultimately, investing in property stands the test of time. Peter Koulizos chairman of the Property Investment Professionals of Australia (PIPA) recently.
Most people work on the rule of thumb of buy low and sell high – but when is a good time to buy and when is a good time to put your property on the market? The real estate market generally falls into three categories: Buyer’s markets Buyer’s markets are when the market favours the.
The word ‘normality’ has a strange ring to it these days, as we find ourselves in a world where the rules which we usually live by change on a daily basis. However, there is one aspect of ‘normality’ at Andriessen Property and Newcastle Property Management that hasn’t changed; our ‘normal’ is that we are still.