Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocharge your portfolio, maximise returns and make the overall investment process seamless and stress-free!
Tune in to hear about all of this and much, much more in this episode of Property Showcase!
Make sure you never miss an episode by subscribing to us now on iTunes!
Pure Property Investment is an outcome-driven property company that delivers strong results and simplicity to investors looking to purchase property. The business’s degree of research, strong industry relationships and distinct negotiation skills are what separate them from the crowd.
In this episode, founder Paul Glossop talks about the benefits of working with a team of professionals, the value a buyer’s agent can bring to an investor’s wealth creation journey and shares some quick tips on how investors can assess property on the go.
Hear from Paul about:
- Why investors will benefit from the services of a buyer’s agent
- The grunt work that goes into finding the right property
- His quick tips on how buyers can self-assess property themselves
Founded in 2015, Peasy is a Sydney-based mortgage brokerage providing service with a smile. Now with two offices in North Sydney and Kellyville, the team helps home buyers and investors alike with its educational, streamlined and stress-free mortgage broking service.
In this episode, founder Joel Wyld talks about changes to mortgage lending and how this impacts property investors – and why more than ever, buyers are turning to mortgage brokers to guide them through these policy changes and on to greater success on their wealth creation journey.
Hear from Joel about:
- Peasy’s approachable, no-stress broking service
- The intricacies behind the role of a mortgage broker
- Peasy’s information sessions on mortgages and where investors can sign up
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In this episode of Property Showcase, head of mortgages at Rethink investing Son Pham joins host Tim Neary to unpack how an investor should approach getting a mortgage in place with banks tightening down on serviceability.<\/p>\r\n
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- The pitfalls that he has seen people get into<\/li>\r\n
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In this episode of Property Showcase, director of investment services for Open Corp Michael Beresford,\u00a0joins\u00a0editor of Real Estate, Tim Neary to share why he disagrees that the cooling market means that the best times are behind us.<\/p>\r\n
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In this episode of the Smart Property Investment Show, Will joins host Phil Tarrant to share why he is purchasing his first property in partnership with his brother, discuss the complications that can arise from such a strategy, and unpack the ongoing plan for building a joint property portfolio with his brother.
Will will also share how they approached saving for their first property, why he is taking out the mortgage in his name exclusively, and share their savings plan for the year ahead.
If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn.
If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email [email protected] for more insights!
RELATED AREAS OF INTEREST:
From property in Australia to a ski lodge in Japan
Mortgage Trusts, an alternative first step for property investors
Should a real estate title be in one person’s name only?
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string(139) "Median house prices in regional Victoria outperformed that of Melbourne in the June quarter, the latest REIV figures reveal.
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Median house prices in the regions rose 4.0 per cent to $419,500 but in Melbourne they dipped by 0.6 of a percentage point to $840,000.
The result in Melbourne was due to a 0.8 of a percentage point fall in prices achieved at auction; this was despite a lift of 2.3 per cent in private sales.
Inner Melbourne suffered due to auction prices, where median prices fell by 4.9 per cent to $1,459,000 but it was middle Melbourne that was hardest hit, with a 5.4 per cent drop to $974,500.
Outer Melbourne had a good quarter with the median rising by 0.5 of a percentage point to $681,000.
Apartment prices in regional Victoria grew by 3.7 per cent to $304,500 while the metro media was up by 0.5 of a percentage point to $604,000.
REIV President Richard Simpson said that despite fewer sales, many sectors of the market were performing well.
“2017 was a bumper year and while the trendline has flattened, despite the fall in median house prices in the June quarter, median prices are still up this calendar year for both houses and units, in Melbourne and in the regions,” Mr Simpson said.
In particular there was been strong growth in regional centres which is probably due to the first-home buyers’ concessions said Mr Simpsons.
“The first-home buyers’ concession has been a boon for regional areas. A new entrant to the property market buying a house at the regional median will pay no stamp duty, while a first home buyer of an apartment in Melbourne at the median price would pay stamp duty of nearly $25,000,” he said.
Mr Simpson said that more prospective buyers are looking towards regional Victoria which is also having an effect in Melbourne.
“Melbourne’s outer perimeter continues to grow. Small increases in the June quarter mean that the median prices for both houses and units have risen over 10.5 per cent from a year ago.
Mr Simpson said moving forward that vendors need more realistic expectations as the highs of 2017 are now over.
“Negative chatter about the future of the sector coupled with stronger lending controls by financial institutions has created some uncertainty and vendors need to be realistic with their price expectations,” Mr Simpson said.
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