I'll get straight to the point and maybe ruffle some feathers here, but seriously, "WHAT ARE YOU WAITING FOR?" Just the other day, a client called me out of the blue and declared, "Leonie, we're ready to move forward and are on the hunt for a property similar to the one we nearly purchased nine months ago in Brisbane." My response was straightforward, "That property is no longer available." You see, over that [...]
Ah, the memory of the mortgage cliff, etched in newspaper headlines and vividly broadcasted on our screens. Who could forget?It was that moment when the media painted a picture of impending doom - when mortgage holders transitioning from fixed rates in the 2's% to variable rates in the 5's% were said to hit the breaking point.Streets were meant to be lined with "For Sale" signs, bargain properties aplenty, and property prices [...]
Financial decisions are a part of our daily lives, and the choices we make today can have a significant impact on our future. While it's easy to get caught up in the moment and make impulsive decisions, it's essential to think about the long-term consequences of our actions. In this blog, we'll discuss some of the financial choices that you might regret in 10 years. Not Creating Enough for Retirement [...]
Prior to having kids I was a keen traveller and one time when I was on a trip to Vietnam I ‘happened’ to sit next to a very interesting man, on a bus. His name was Kevin and was a very successful property investor. At the time he was the UKs largest independent property investor who in his 15 years of investing had acquired over 800 properties with $5m profit [...]
Interest rates... Ah, a topic that seems to be on everyone's lips these days.Interest rates have become a sizzling subject, and in this blog, we're diving headfirst into the intricate interplay between record interest rate rises and the ever-evolving Australian property market.As seasoned property investment experts, Wealthology is here to equip you with an in-depth understanding of the opportunities and challenges that lie ahead for property investors in today's market.So, buckle [...]
Buyer Demand Supply remains the biggest issue across the Brisbane market. CoreLogic confirmed new listings coming to the market are 27.9 per cent lower than 12 months ago. Total listings in Brisbane are 15.4 per cent lower than this time last year. One of the biggest problems for Brisbane property buyers now, despite a willingness to transact, is the struggle to find something to buy. Brisbane property remains much more affordable than other [...]
Dreaming of becoming a homeowner? Hold on to your dreams, folks, because the reality may be harsh.In certain areas, the answer to your house-buying aspirations is a resounding "No!" And no, it's not due to exorbitant prices or higher interest rates.The reason is quite simple yet unbelievably frustrating: there are no houses for sale. Yes, you read that right - none, nada, zip!It's a situation where the real estate market has [...]
Heya property lovers, It’s Leonie here, and well, I officially feel OLD! Writing this blog today has seen me reminiscing about property cycles and how this market feels all too familiar. Not to give away my age, but I have been an investor in Australian real estate for more than three cycles. I have witnessed many ebbs and flows in the real estate market, and I have learned that rising [...]
There has been a lot of hype and talk over the movie recently titled “The Big Short” which is based around a few guys “shorting” mortgage-backed securities based in the USA. The movie has caused quite a stir with a lot of viewers wondering whether the same thing could happen here in Australia. So I thought I would cover off why this will NOT happen here in Australia and here [...]
Heya property lovers, it's Leonie here, and as I mention in the title, I’m here to chat with you today about the significant implications Australia’s surging population growth is going to have on the property market. I’m afraid to say that today’s blog will certainly not be all good news… In fact, Australia’s surging population will surely bring severe implications for many Australians and financial rewards for many others. The good news is, [...]
