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 [...]
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 [...]
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 [...]
An alternative option to purchasing a property as a home, rentvesting has become a popular option for those wanting to purchase property. At first, it might not seem to make sense - why pay off a mortgage and rent at the same time? Wouldn’t it just be easier to buy your home? As someone who has used the rentvesting strategy for several property purchases, I’m a big fan. Let me [...]
Well, I certainly didn’t mince my words in the title, but for good reason. It’s the $9.5 billion question on property owners’ lips around Australia… What will happen to property prices in 2023 and beyond? If you’re not in the market after 2023, you may never be. It’s no secret that Australia’s in the midst of a raging debate on housing affordability and how the average family can afford to [...]
Property trends are constantly changing and evolving, so it's important to stay on top of what's happening in the market.In this blog we’ve included what to look for now, so you can make smarter decisions about your future real estate investments.Here we're going to look at five of the biggest property trends for 2023:1. Affordable locations dominate growthThe surge in prices amid the pandemic has led to priced-out buyers finding more [...]
1 Million Reasons to Invest in Property Right Now! Did you read our last blog about the impending property boom? If so, you would have read that we expected the federal government to take extraordinary action to counteract the current rental housing crisis being experienced in Australia. No more than two weeks after that blog, the federal government revealed that they plan to unveil a plan to assist private investors in building 1 [...]
