April 2012
The RBA decides to leave the cash rate unchanged at 4.25 per cent Recent information is consistent with the expectation that the world economy will grow at a below-trend pace this year, but does not suggest that a deep downturn is occurring. Several countries in Europe will record very weak outcomes, but the US [...]
March 2012
Recent information is consistent with the expectation that the world economy will grow at a below-trend pace this year, but does not suggest that a deep downturn is occurring. Several European countries will record very weak outcomes, but the US economy is continuing a moderate expansion. Growth in China has moderated as was intended, but [...]
February 2012
The Reserve Bank today (Tuesday, February 7) kept its cash rate at 4.25 per cent, defying expectations of a third rate cut in a row. The dollar rocketed on the news, jumping about one US cent to $US1.081 – a six-month high – within minutes of the announcement. It also touched fresh records against the [...]
2012 Trends – Hegney
Australian Property Investor chats to Hegney Property Group executive chairman, Gavin Hegney, about what investors should be doing in 2012 and why. Interest rates continue to fall. Do you think now is a good time to buy and why, in terms of interest rates? The Reserve Bank of Australia never drops interest rates just once [...]
Bank Valuations – The parrots not dead, he’s pining for the Fjords!
There have been complaints for the last year or two that lower than expected bank valuations have caused some property contracts in Qld to fall through. Master builders Queensland reports that up to 40% of contracts may have been refused finance in Queensland on the grounds that bank instructed valuers were writing valuations significantly lower [...]
Here We Go Again
Another year another report on housing shortages (heck another day another report). This week the Housing Shortage National Housing Supply Council released their State of Supply Report. And, unlike many other ‘reports’ this one is made by some pretty smart (and objective observers). Not to suggest that the many press releases and associated findings [...]
December 2011
The Reserve Bank did what was expected of it, spread some Christmas cheer, and reduced the cash rate again. The first consecutive cuts since 2009, with more to come next year? Last week’s interest rate cut hasn’t proven to be quite the shot in the arm many real estate agents thought it would be and [...]
Top 10 Tips for Selling Your Home Fast & For Maximum Profit
Top 10 Tips for Preparing Your Home for a profitable Sale. 1. FIRST IMPRESSIONS COUNT! Street appeal is a PRIORITY. You probably don’t realize just how many sales you lose before potential buyers even get to the front door. Buyers more often than not, do a “drive by” before an open house. You need to [...]
How To Budget for a Renovation
When renovating it is imperative to create a budget, monitor, re-asses where necessary and stick to it as much as possible. 1. Be realistic! Extensively research the value of products and services (get at least 3 quotes per trade) and consider worst-case scenarios. KNOW the value of your property before you buy it and be [...]
Rules of Renovating
To ensure a successful renovation and maximize profits I stick to a tried, tested and proven formula and apply the following essential rules of renovating: 1. RESEARCH, RESEARCH, RESEARCH! Focus on one or two suburbs and get to know it better than the back of your own hand! By understanding the area intimately you [...]
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