Warren Buffett is one of the world's richest people and most successful investors. According to Investopedia.com, his net worth is listed at $100 billion as of June 2022. Buffett once explained why he and his business partner, Charlie Munger, had built such an incredible investing record over many years. "We simply...
What expenses can investors claim on their investment property?
Every year, the Australian Taxation Office announces its key focus areas for tax time. And almost every time, investment property income and deductions make the list as problem areas in which taxpayers commonly make mistakes. ATO assistant commissioner Tim Loh said that all property investors should make sure they include...
How to make the most of your home’s equity
It might not feel like it, but Australians have never been as wealthy. Household wealth skyrocketed by $590 billion over the September 2021 quarter to hit a record $13.9 trillion, according to the Australian Bureau of Statistics’ most recent figures. Wealth per capita rose to a record high of $540,000....
What is Rentvesting – and why should you consider it?
It’s disheartening if you’ve been priced out of the property market where you want to live. Even if you’re prepared to compromise on location, it can still be hard to buy your first home in Australia, thanks to soaring property prices. But don’t give up on your homeownership dreams just...
What can we expect from the property market in 2022?
Property prices rose by an extraordinary 22.1% last year, according to CoreLogic, and many people are wondering if the boom will continue throughout 2022. Nobody can ever say for certain what the future holds, but it’s highly unlikely prices will grow as quickly this year as they did the last....
CASE STUDY: NMC helps this couple secure an investment property by solving their credit default problem
A couple wanted to buy an investment property to grow their wealth. But when it came time to arrange finance, they discovered a big problem – an issue with their credit history meant their chances of qualifying for a competitive loan, or even any loan, was in serious doubt. In...
Increasing demand for industrial properties
There’s been an increasing demand for logistics and industrial properties – with the market outperforming historic benchmarks, according to global real estate services firm JLL
Australian Property Prices
Australian property prices grew by 1.5% over August, according to CoreLogic.
Top 20 real estate suburbs in Australia
Well Home Loans have identified the top 20 suburbs in Australia showing telltale signs that strong price growth is just around the corner in the lender’s quarterly Green Shoots Report (see image). The report identified the suburbs based on the strongest combination of three key factors over the last three...
Melbourne property prices
Melbourne property prices increased by another 1.3% in July, according to CoreLogic. That latest rise takes the median value to $762,068 – 10.4% higher than the same time last year. However, there are signs the booming market is losing steam with the national monthly growth rate trending lower since March....