We hear a lot of stories about parents helping their children buy property but we rarely hear of children helping their parents. Especially, by using rentvesting as a strategy to do so. So it seems that Sydneysider Sheree is the exception to the more traditional rule. An altruistic investment Sheree started working at 16 and […]
There is no doubt about it, our housing market is undergoing a subtle shift that has been building momentum over the last few years. On the surface, we have seen the median price of Sydney and Melbourne increasing by $130,000 and $100,000 respectively during the period of July 2016 and March 2017, according to Domain […]
We see it constantly in the headlines, young people are being repeatedly priced out of the housing marketing and it is getting worse every year. The Australian Bureau of Statistics revealed through data that home ownership among those who are ripe for purchasing their first home between the ages of 20 to 39 has been […]
Many uni students are focused solely on their exams, or Friday night drinks, during their degrees. Not so for Emilia Rossi who already knew that if she wanted to financially succeed she needed to start early. And that meant buying her first investment property while she was still at uni. Maternal mentor Melbourne-based Emilia says […]
With housing affordability steadily growing out of reach for an entire generation of Australian’s, it’s time we start redefining what it means to own a home in 2017 Australia. For many decades, the Australian dream was kept alive by cheap and abundant housing, close enough to the places we worked yet far enough to get […]
Saving up money for investing in property is a slow process and not everyone is patient. Thankfully there are ways of “adding to the pot” so you can reach your goals faster. Open a savings account But not just any account. Banks offer a service called a “high interest savings account” that lets the money […]
It was almost like he’d stepped into an alien property world when David Tomlins returned to Sydney last year after living overseas. He admits he hadn’t followed the Sydney market during his five years away, so when he started attending a few auctions he couldn’t quite believe what he was seeing. A comparable property to […]
There’s a saying in real estate that you make money when you buy. What this means is that after selecting the very best property for your individual circumstances, at the end of the day, it’s about how much you end up paying for that piece of real estate. It’s really about how much that property […]