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 [...]
If you're looking to invest in property, there's a good chance you've come across some common myths about the process. And if so, it's possible that these myths have deterred you from exploring the option further and have held you back from purchasing your next investment.But just because something is commonly thought of as true doesn't mean it is - and when it comes to property investment, there are plenty of [...]
They say there are only two things guaranteed in life - death and taxes. However, I’d add a third to that list; “the government profiting whenever the everyday Joe does “. Whilst property investors like myself, may shiver at the thought of a property crash, spare a thought for our bureaucratic friends. There are many large and influential institutions that benefit from a housing boom, including local, state, and federal levels [...]
Property Prices Increase in October – Despite Housing Crash? This time of year, is the season to be giving, and whilst many are putting the fear of god into us about the so-called property crash (which they’ve been talking about for 12+ months now) I’m here to tell you exactly why it won’t happen. Undoubtedly, the Australian property market is facing headwinds, but that is nothing new. Data obtained by our [...]
You’d be forgiven for thinking Australia was on the cusp of a monumental property crash due to recent commentary by so-called ‘property experts’.Whilst nothing in life is guaranteed, I’m confident that this is not the case. So much so that I’d put my house on it, quite literally.Recently I was challenged by a client who reached out in a panic about the so-called looming property crash. She said, “Leonie, what makes [...]
The Property Market is Crashing – So How are Investors Still Cashing In? Did the headline grab your attention? I thought as much. The headline really should have said, “There is Currently a Minor Correction Occurring in Melbourne, and Sydney Property Prices whilst other Capital Cities Continue to grow”. Not nearly as well constructed to gain your attention but hey as the saying goes, “don’t let the truth get in the way of [...]
https://www.youtube.com/watch?v=tDur6nIiRn0 Hi everyone, Leonie here at Wealthology and today I wanted to talk to you about the benefits of having an annual financial health check. You will find often that throughout the year your financial situation may change, interest rates may go up, you may have received an increase in your salary, which is always exciting, you may have taken out another credit card, or perhaps taken on a car [...]
Building a property portfolio can be similar to running a small business and it is no easy feat sometimes. By doing so, you demonstrate you are wanting to create better financial security for yourself, reduce your risk, have determination, and that you also have a keen business sense. We asked Wealthology’s most savvy investors to share their top 5 dirty little secrets so you too can avoid the common mistakes which [...]
There have been lots of changes in the financial industry of late including interest rate drops and changes to loan serviceability. These are all positive things for property investors. Interest Rate Drop In its latest meeting, the Reserve Bank dropped interest rates to a record low by cutting the cash rate by 0.25%, bringing it to a record low 1%. Following last month’s cut, we saw an action-packed few weeks in which 44 [...]
Water Charging Legislation for Queensland tenancies – Frequently Asked Questions How water charging works in Queensland rental properties is a question we often get asked by clients and prospective clients at Beyond Property Management, so I hope this information is useful and provides a handy point of reference for you. Who pays for water in a Queensland rental property? The following is a very handy checklist that can also be [...]
