With interest rates at such a low, sticking your money into a savings account isn’t reaping the rewards it used to. Even the long-term savings accounts aren’t offering great returns. So where do you invest? Shares? These can be difficult to understand and in a volatile market, they can be unpredictable. This is why many.
Contrary to the image a property investor might conjure up — a wealthy full-time property speculator — most residential investors in Australia don’t actually rely on it as their primary source of income, says Maria Yanotti, a lecturer of economics and finance at the Tasmanian School of Business and Economics at the University of Tasmania..
Owning a free-standing home in the suburbs has always been the Great Australian Dream, but according to a white paper from Mortgage Choice in conjunction with research firm Core Logic Data, 70 per cent said ‘there is a need to imagine a new Australian dream that is more in line with reality’. Mortgage choice suggests.
Many people are put off investing in property because they don’t really know how it works and they don’t know where to start to find out more about it. Investing in property is a long-term commitment and you do want to know you’ve got it right. A good starting point is speaking to trusted friends.
Whether you’re buying an investment property or looking to buy your own home, the chances are you will have to raise the finance for your purchase by taking out a mortgage. The type of mortgage you choose very much depends on your personal financial circumstances and what your long-term financial aims are. Here are a.
If you’re a first time investor, or even if you’ve got an investment property portfolio, it’s always good to revisit some basics so you know you are getting the best out of your asset – what works for some properties, doesn’t necessarily work for others. For instance, if the property is near a university, you.
People who invest in property do so for many reasons, but probably the main reason is they want to make their money work for them in the best way so they achieve their long-term financial goals. It may be to give up the day job, planning for retirement or just having some.
‘Record price rises’ and ‘get in before the rush’ are headlines you’ll often see about an area, in real estate and the media. Predicting the next property hotspot is every property investor’s dream. In the past, property hotspots were mainly inner suburbs, slightly run down but very close to their more desirable and trendy, and.