Forget the Barefoot Investor: Aussies prefer to ask family for money advice
A whopping 42 per cent of Aussies turn to family for financial advice, according to a recent survey from finder.com.au. Google came in at a distant second with 26 per cent. While just 12 per cent turned to popular money experts like Scott Pape (the Barefoot Investor) and Paul Clitheroe (your parents’ version of the […]
1 in 5 Aussies say they won’t buy a haunted house
In fact 21 per cent of Australian buyers – roughly one in five – say they would be put off buying a house if it was rumoured to be haunted. The freakish fact comes from a HSBC survey commissioned earlier this year to understand global property habits. In Australia, the biggest buyer turn-off is definitely […]
Brisbane north rents are rising
Brisbane north is amongst several in-demand areas to see the asking prices for units rise above 2 per cent year on year, reports Domain. On average, Brisbane’s asking rents for houses increased by 1.3 per cent over the 12 months to the September quarter. Units saw the same growth of 1.3 per cent, shrugging off […]
#4 shocking mental barriers that cost buyers and sellers big time
Wrong. Irrationality can cost buyers – and sellers – big time. Deakin University behavioural economist Adrian Lee told the ABC that buyer irrationality was “shocking”. “We are just people, we don’t have a finance background or any sort of mathematical background,” Professor Lee said. “…you are susceptible to your behaviour and on aggregate this does […]
Renovate like The Block without the drama: #6 mistakes to avoid
Well, you can. Renovation is both art and science – but it’s mainly science. You buy at a good price, you renovate to budget and you sell for more than your purchase price and reno costs. Simple hey? And that’s your first mistake. Renovations are not simple – ask anyone who’s had a crack. But […]
Extend the school holiday fun with a Harry Potter reno
But then the weekend arrives and you find yourself looking for some way to entertain the family while ticking off those around-the-house jobs that just keep piling up. Houzz has come to the rescue again with a novel renovation idea that promises to give you more space for storage and recreation while also keeping the […]
Tech geeks reap property rewards with blockchain
Technology Company Lakeba Group has divided two apartments in Adelaide into 40 ‘bricklets’ which investors can buy online for as little as $20,000 – each becoming a part-owner of the unit. The purchase is made through blockchain technology. So what? Using blockchain, which is essentially a tamper-proof digital ledger, cuts out the need for external […]
#9 out of #10 Brissie sellers make a profit
This pegs us on par with the national performance, in which 87.1 per cent of all properties Australia-wide sold for a profit. The figures come from the latest CoreLogic Pain and Gain Report, published on Property Update. They also show that the total value of losses recorded on Brisbane property sales was $37.7 million. Nationally, […]
Should you buy or sell first?
But where to move to? You start window-shopping on realestate.com.au and something unexpected catches your eye. You go to the open house and fall in love. You haven’t got your house on the market yet but you don’t want to miss out on your new dream home. What should you do? Firstly, take a deep […]
What effect do interest rates have on house prices?
This year alone the Reserve Bank has passed on a number of interest rate cuts and there’s speculation they haven’t put the chopping block away yet. Low rates are great if you want to lower your mortgage payments… assuming your bank passes on the official rate cut, which becomes harder the closer rates move to […]
