Archive for the ‘Buy’ Category

What is going to shape the future of our cities?

What factors are going to make some locations and certain properties outperform the averages in the future? There’s no doubt that the significant property price growth that we’ve enjoyed over the last couple of decades, particularly in our big capital cities, have come about because of two major factors: Lower interest rates Two income households So, what’s ahead for the future? Let’s now look at some trends that will shape the future of our property markets. 1. Lower interest rates A long period of low interest rates. In fact, this is likely to be the case for up to a decade. That’s because the RBA... View article »
Posted in Buy, Latest news, News, Sell on 4th July, 2019

Fear and Investment Properties

Research conducted by associates of Cornell University suggests that as humans we make approximately 35,000 decisions each day. The importance of each ranges widely from what to eat in the morning, right up to life changing decisions such as who to marry and where to live. As a result, effective decision making can be one of the most important skills a person will ever learn. Fear is the death of logic and often acts as a negative motivator. Overcoming fear is a practice that is critical when investing. Your choices around where and what to purchase should be based on knowledge... View article »
Posted in Buy, Latest news, Sell on 24th June, 2019

Sydney and Melbourne auction sales hit year highs

Sydney and Melbourne property markets had their strongest auction performance in more than a year, following a period of declining property prices and sluggish sales. The return of confidence has been credited to multiple factors including cheaper borrowing due to an interest rate cut, and the preservation of negative gearing and capital gains concessions following the federal election. Commentators say if strong auctions numbers continue, it may indicate that declines in Sydney and Melbourne markets have run their course. After a prolonged period of decline in Sydney and Melbourne – which saw real prices fall 16.5% and 11.8% respectively from their recent peaks... View article »
Posted in Buy, Latest news, News, Sell on 18th June, 2019

Property Nest Questions & Answers Round 7: Serious Buyers

With more buyer and seller confidence returning to the market, this week agent Stevan shares a “To Do List for Serious Buyers”. Have your finance approved. Choose reputable agent. Do suburb due diligence. Ask yourself, how long are you planning to live in a property? Have a question about Property market? Send it to info@propertynest.com.au or simply via Online form and watch your question answered in a next episode.   View article »
Posted in Buy, Latest news, News, Sell on 7th June, 2019

How RBA interest rate cut will affect property market?

The Reserve Bank’s cut to official interest rates is set to offer a boost to the weak property market, as experts look towards the bottom of recent price falls. But within an hour of the decision on Tuesday, ANZ declined to pass on the full rate cut to borrowers, instead reducing rates by only 18 basis points and acknowledging some customers would be “disappointed”. Commonwealth Bank and NAB will pass on the 25 basis point cut to both owner-occupiers and investors. The central bank cut the cash rate to a historically low 1.25 per cent, from 1.5 per cent previously – its first... View article »
Posted in Buy, Latest news on 5th June, 2019

Questions & Answers Round 5: What should we do now?

Property market does not like uncertainty, and the Coalition win should return confidence to our subdued property which means our housing markets are likely to pick up by the end of the year. We are already seeing signs of market recovery, but what does that mean to you? Is it a good time to buy? A good time to invest? Or maybe better to rent? All answer in our weekly vBlog. If you have a question and would like Stevan to answer it, please submit to info@propertynest.com.au or simply via Online form ‘The tap has been turned back on’: APRA to relax assessment rate for home... View article »
Posted in Buy, Latest news, Manage, News, Sell on 22nd May, 2019

Questions & Answers Round 5: Australian Federal Election Negative Gearing Explained

With the 2019 Federal Election approaching this weekend, negative gearing has become a key campaign issue as each of the major parties offer significantly different policies should they win the election. In this video agent Stevan Vuk-Luboya explains what each policy means to Australians and their assets. Here we’ve outlined each major party’s election policies regarding negative gearing and the associated tax concessions. We’ve also taken a deeper look at what’s driving the debate, some key data to be aware of, what’s happening currently in the property market and the potential impact the changes could have on investors. What changes do the major parties... View article »
Posted in Buy, Manage, News, Sell on 16th May, 2019

Australian home prices will bottom later this year. ‘The correction is nearing its end’: HSBC says.

Australia’s housing market downturn, already one of the largest on record in terms of price falls and duration, is likely to come to an end in the second half of this year, says Paul Bloxham, Chief Australia and New Zealand Economist at HSBC. Australia’s housing market downturn, already one of the largest on record in terms of price falls and duration, is likely to come to an end in the second half of this year, says HSBC. The bank says “evidence of some stabilisation in the housing market is starting to accumulate”. HSBC says there have been few signs of... View article »
Posted in Buy, News, Sell on 13th May, 2019

Property price decline ahead of ALP negative gearing policy implementation

The NSW government is predicting a small reduction in house prices ahead of any implementation of the ALP's negative gearing policy, should Bill Shoten win office this month.It also expects a decrease in stamp duty revenue of $194 million over three years to NSW Treasury if the ALP is elected and successfully implements its controversial policy ending negative gearing. NSW Treasury modelling claims that transfer duty would decrease by 0.8 to 1.3 per cent in the three years to 2022-23 if Mr Shorten’s policy to stop negative gearing and increase capital gains tax for the purchase of existing properties, goes ahead... View article »
Posted in Buy, Latest news, Manage, News, Rent, Sell on 9th May, 2019

Questions & Answers Round 4

This week agent Stevan Vuk-Luboya is talking about investors. You asked, we answered! 1. "What are your legal rights as an investor?" 2. What actions should you take if you planing on selling your investment property which is currently tenanted?" [caption id="attachment_1655" align="alignnone" width="700"] If you have a question and would like Stevan to answer it, please submit to info@propertynest.com.au or simply via Online form[/caption] View article »
Posted in Buy, Latest news, Manage, News, Rent, Sell on 8th May, 2019