Housing affordability reaching crisis levels
By Michael Janda from ABC News Posted March 29, 2012 21:06:22 The Australian Council of Social Service (ACOSS) national conference has heard that the lack of affordable housing has reached crisis levels. Housing experts say there is a shortfall of tens of thousands of social housing homes – a number that will grow unless funding
Conditions right for investing
by Sophie Elsworth in Herald Sun Monday, 30 April 2012 ONE in four homeowners are on the hunt to buy investment properties, new data has found. Research by LJ Hooker Finance has shown 26 per cent of existing homeowners are looking to buy a second property and, of those, 28 per cent have owned their
The pastures are greener in regional areas when it comes to property investing
By Konrad Bobilak (New Property Investors are priced out of the Melbourne Property Market.) Over the past 5 years I have witnessed a lot of new property investors in Melbourne being completely priced out of the market, with the house median price in Melbourne reaching an all time high of $601,000 in December 2010, currently
Government not contemplating changes to negative gearing: Wayne Swan
Original Article By Larry Schlesinger in Property Observer Tuesday, 10 April 2012 Treasurer Wayne Swan has ruled out any changes to negative gearing arrangements for property investment despite the NSW Labor leader John Robertson saying there should be a debate about its effects on the property market. Robertson is concerned about the potential of negative
Australian home loan arrears are falling (not increasing)
Original article from Property Observer by Christopher Joye In contrast to the sometimes hysterical media coverage yesterday of a minor Fitch report claiming that Australian home loan delinquencies had risen over the second half of 2011, the RBA’s Financial Stability Review released today corrects this error and finds quite the opposite. The difference between the
Why everyone is talking about Property in SMSFs
By Kane Munro, Manager Balancing High Back in 2004, superannuation was really considered the poor cousin to property trusts when it came to investing your money tax effectively. Back then superannuation was hard to understand and awkward to deal with just like that strange cousin of yours who used to sit in his room and
Melbourne struggling as population booms to more than five million by 2025 and 6.5 million by 2050
Original article by John Dagge from Sunday Herald Sun About 1200 new residents are expected to move to Melbourne every week for the next 40 years as the city’s population swells to more than five million in 2025 and 6.5 million in 2050. Just under 60 per cent of new arrivals will settle in one
‘Land Banking’ – the ‘Armchair Developers’ guide to ‘Winning Lotto’ in property – by Konrad Bobilak
Land Banking is just like winning Lotto… You might have read a recent article in the Herald Sun published on the 16th of February 2012 titled “Like Winning Lotto’, documenting the case of a small group of 12 families in Melbourne’s outer fringe area of Rockbank who were offered $47 million dollars for their combined
