David Johnston has been interviewed by Domain’s Daniel Butkovich and featured in his article, sharing the critical factors that will keep you on track to achieving your 2018 property goals. Whether you want to save for a deposit, buy a new home or purchase an investment property, goal setting as part of your planning process [...]
Let’s face it, development is sexy. Everyone loves property and the idea of making ‘fast money’ is appealing to most. Unfortunately, often the proverbial lure has a jagged hook on the end of it if you are not careful! Before embarking on any project, it is important to have a thorough plan and accurately calculate the time, cost and importantly, the return, each with a contingency allowed for a blow-out. You don’t need to be a developer to know that building rarely goes according to plan.
Question - Why has property price growth in Sydney and Melbourne significantly outstripped that of the rest of the country? Answer – Sydney and Melbourne are ‘Superstar’ cities, at least that is the view of the Governor of the Reserve Bank of Australia, Phillip Lowe.
Our Managing Director, David Johnston, has featured on the latest podcast from The Mentor List. The Mentor List is a leading business and personal development podcast, interviewing the top business minds of Australia where you can gather sound advice for your career and life. David shares his insights on how you can be making better property decisions to create your ideal lifestyle.
Lenders have blacklisted more than 100 suburbs, due to the glut of new apartments in Brisbane, Melbourne and Sydney. What does this say to investors? Do not buy high density apartments in any of those locations. Simple.
Until recently, you were able to claim depreciation on the value of all fixtures and fittings (also known as ‘plant and equipment’) in a property. This includes ovens, dishwashers, heaters, floor coverings, window furnishings and the like. This loop hole has been slammed shut by the government for property owners who cannot meet certain criteria
Have a read of this article in the fin review over the weekend. The premise of the article in essence is to provide guidance on what to look for in the capital cities in the ‘future’. That tricky place!
Each time you make a property decision, people need to be paid – and out of your own pocket no less! Having to sell multiple properties throughout your lifetime can quickly see your resources depleted. Property buying is not a cheap game to play. Domain recently featured an article about a family who sold their [...]
We have all heard the saying ‘the straw that broke the camel’s back’. The early evidence would suggest that the straws are piling up on the Australian property market, which is finally responding and showing early signs of slowing down. At the moment, a few creaks and cracks are visible from early statistics supporting the [...]
Purchasing in high rise towers has always been risky business for investors. Resale values have taken a dive again (as has occurred periodically in the past) and it’s no wonder why! In every market, scarcity of a commodity that is sought after is a catalyst for value growth. Property is no different! In the case [...]