As we approach the end of the financial year, it's time for property investors to start thinking about their tax returns. The Australian Taxation Office (ATO) recently released a media statement reminding property owners what they can and cannot claim at tax time....
As a seasoned property investment advisor, I have seen many tactics sales agents and property spruikers use to entice potential investors. One such tactic that has gained popularity is the rental guarantee. While it may seem like a safety net, assuring the common fear...
As the National Acquisition Director of ASPIRE, I see many reports across my desk. I want to provide an insightful and concise overview of the CoreLogic Home Value Index report released today, 1st of June 2023. The Monthly CoreLogic is an essential monthly pulse check...
In the realm of property transactions, the roles of a real estate agent and a Property Investment Advisor are often conflated. While both professionals operate within the property market, their responsibilities, objectives, and client relationships differ...
Welcome to "Navigating the ATO's Rental Property Blitz: A Guide for Australian Property Investors," brought to you by ASPIRE Property Advisor Network. In recent times, the Australian Taxation Office (ATO) has embarked on an extensive review of rental property owners...
Securing an investment property mortgage is a process that requires careful consideration of various factors. Lenders assess your ability to service the loan and your creditworthiness, determined by your income, credit history, and outstanding debts. Consumer credit,...
Each month, the Reserve Bank of Australia (RBA) provides a detailed chart pack to summarise the macroeconomic and financial market trends affecting the Australian economy and property markets. This blog post will discuss the key takeaways from the May RBA report,...
This review delves into the CoreLogic Rental Pulse report for May 2023, which highlights Australia's record rental increase. According to the report, the combined capital cities have seen an annual rental increase of 11.7%, largely due to a significant shortfall in...
Unravelling the Delays in Western Australia's Building Sector: Key Factors and Causes by Nick Menz – National Acquisitions Director, ASPIRE Property Advisor Network The Western Australian property market has experienced a rollercoaster ride over the past decade. The...
Move around property investment long enough and you will eventually hear one phrase on high repeat – “Time in the market beats timing the market.” Mottos like this are a simple way to convey a message, but they do lack substance as a stand-alone collection of words....
Not too long ago, I had a client who couldn’t seem to decide whether he wanted to buy a potential investment. I’d supplied all the data which showed this home had great potential, howeversomething was stopping him from pushing go on the purchase. What I discovered was...
Property investing may seem like a fairly simple process. Given many people have, at one time or another, bought themselves a property (usually a home) means, most understand the mechanics of acquisition. You find a property that’s within your budget and seems like a...
The end of the year gives us a break from the everyday cycle. We find ourselves with moments of self-reflection. A chance to sit and muse about how far we’ve come and where we’re going both professionally and personally. Among these ruminations will be thoughts about...
The property investment world is full of sage advice in. Tried-and-true adages abound to help reset your compass during times of indecision. One of my favorites is, “Time in the market is more important than timing the market.” Every property pundit with even a smidge...
As the deputy chair of the Property Investment Professionals of Australia (PIPA), I’ve eagerly awaited the results of our 2022 Investor Sentiment Survey. We’ve been running this study for eight years now and it provides a fascinating insight into the Aussie investor...
Anyone who’s read my blogs knows I’m passionate about ensuring investors are both protected from unscrupulous advisors and have a voice in important conversations about the property market. This passion has seen me not only become a board member of the Property...
When I look upon my years in the property investment advisory field, there are several platitudes that have come up time and again. From “Location! Location! Location!” to, “Buy the worst house in the best street.” These sayings are designed to put in simple terms the...
Property owners were riding high on incredibly price growth last year. Regardless of where you purchased it’s likely your assets saw double-digit gains between the start of 2020 and the end of 2021. But experienced real estate operatives know the good times don’t last...
Real estate occupies a special place in the Australian psyche. Houses are the places where we live, shelter, work and interact with the people we love most. Home is our security and comfort. But this masks a basic fact that property investors must recognise if they...
The current market is challenging for traditional property investment approaches. We have passed through the price cycle to a point where buyers must apply more scrutiny to their strategy. The days of simply “getting in and waiting for the fast gains” are over… for...
I came across an incredible story recently while talking to one of our advisors. He’d helped a client put an excellent new-build investment under contract and had just received the bank valuation back from the financier. It had come in $70,000 below the contract price...
The world feels uncomfortably uncertain right now. We’ve been delivered blow after blow of upending news leaving many people psychologically punch drunk and staggering. The troubles have been relentless – not just the pandemic but political upheaval, international...
Australians are an interesting lot. When it comes to important issues deliberated around the kitchen table, there are some tried and true discussion starters. It could be about the effectiveness of our political leaders, or which sporting franchise is up the...
Property investment is seen by many people as a DIY path to financial security. We’ve all pretty much bought or sold a home, been a tenant or dabbled in investment, so most Australians feel capable of trading real estate. For this reason, plenty also believe investing...
There’s a well-worn phrase that works not just as a punchline to a ribald joke… it’s that size does not matter. And in many scenarios, this can be true, particularly when it comes to small but influential people. Patty Mills, our most celebrated Olympic basketballer,...
There’s nothing quite like a bright shiny thing for catching attention. It’s human nature for a shimmer off the surface to draw your gaze. You see it everywhere. Necks crane as a high-end automobile whizzes by. A new architectural home emerges and suddenly the street...
After an extraordinary 2021 in property, it’s not hard to imagine we’re all bulletproof investors heading into this year. There are signs momentum in the market is ramping up once more. This might seem like a great thing on the surface, but there’s something different...
While, right now, it might feel like we’ve weathered the worst of the pandemic, there is still plenty of fallout to deal with. One industry that’s finding things logistically challenging is construction, and the troubles could be set in for some time. So, given all...
When it comes to property investment, the concept of compounding is considered a good thing. That growth-on-growth model is normally associated with rising values and exponential gains, building your wealth at an increasing rate over time. But there is one form of...
Opinions are like bellybuttons… everybody has one! Finding advice on anything is easy. Simply jump into a taxi and you’ll receive a full gamut of views on how stuffed our political situation is. Or strike up a conversation at a bus stop and watch your fellow commuter...
Most of us make New Year’s resolutions. Drop some weight, call our mums regularly, see friends more often… we are full of good intentions at the beginning of each year. Unfortunately for most, the motivation starts strong and then peters out as everyday happenings get...
As we approach the end of the year and everyone starts to wind down, it’s a great opportunity to begin formulating plans for the coming 12-months. Having a strategy is essential – if you fail to plan, you are planning to fail. To help you deliberate on your personal...
There’s a well-worn philosophy on investing that I‘ve seen rolled out time and again by some advisors. It suggests investors should try and buy the best-quality, highest-priced, blue-chip property they can afford as close as they can to a major CBD. The reasoning...
Most people have heard the famous quote from the Oracle of Omaha, Warren Buffet, which says, “Be fearful when others are greedy, and greedy when others are fearful.” It’s the classic counter-intuitive investor’s creed. When everyone else is doing one thing, you should...
One of the foundational elements of the property game is selling. Whether it’s real estate, professional services or a particular investment strategy, the seller’s plan is to convince the buyer that they’d be mad to pass up the opportunity. The unfortunate thing is...
Among the property investment industry, there’s an acronym that strikes fear into the hearts of many advisors… APRA The Australian Prudential Regulation Authority set the lending practice rules for our major institutions. APRA have at their disposal various options...