Estate Planning

How to nail a renovation tips for planning and budgeting for a renovation

How to nail a renovation – tips for planning and budgeting for a renovation

The popularity of home renovation reality shows like The Block and The Renovators has encouraged more Australians to undertake their own renovations on their homes and investment properties. The benefits of a well-planned and executed renovation are both financial and personal. After all the hard work, it can be immensely gratifying to see your inspiration…
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Secrets to building a multi million dollar property portfolio

Secrets to building a multi-million dollar property portfolio

When property investor Vickie Sweeney was seven years’ old, she made a big statement. She told her mum that she didn’t want to be as poor as her. “I don’t even remember saying that, but obviously I had that in my head,” Sweeney told the Yahoo Finance Breakfast Club webinar on property investment. Unfortunately, the path to…
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The 64 000 question Shares or property in 2020

The $64,000 question: Shares or property in 2020?

“Shares or property” is the $64,000 question. Although perhaps we should call it the $640,000 question given how much a COVID economy has upped the economic ante. Both should be thought of as longer term investments. Property, very long term. Both have entry costs. Property’s are much higher, unless you can get first homebuyer concessions.…
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Growth stars’ Where house prices are set to boom in the pandemic

‘Growth stars’: Where house prices are set to boom in the pandemic

Property markets across Australia have taken a hit from the Covid-19 crisis – but in some areas, house prices are expected to shoot up because of the pandemic. Though national property prices slid 0.6 per cent in July, some regional areas in Victoria, Western Australia, Queensland and NSW have been earmarked to deliver price growth. According…
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Why Covid 19 could help you buy a house

Why Covid-19 could help you buy a house

Though the coronavirus crisis has wreaked havoc on the economy and Aussies’ personal finances, it could actually be a boon for housing affordability, according to an economist. Australia’s house prices have steadily increased in the last decade, driven by a growing population that wasn’t met with a sufficient supply of homes. “Prices were able to…
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Why 2020 is the worst time to buy property

Why 2020 is the worst time to buy property

It’s a bold statement, but it’s true. For some of you who are reading along right now, 2020 is absolutely the worst possible time you could consider buying a property. In fact for these people, moving forward with a real estate purchase this year would have the potential to cripple them financially, not just now…
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Invalid wills passing away intestate and intestacy rules

Invalid wills, passing away intestate, and intestacy rules

When it comes to estate planning, approximately 45% of Australians* pass away intestate. When this occurs, the estate is distributed in accordance with the intestacy rules of our relevant state or territory. Passing away intestate may happen not only where we fail to make a will, but also when: 1. The will did not properly dispose…
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The Aussie property market that’s pandemic proof

The Aussie property market that’s pandemic-proof

Covid-19 has wreaked havoc on property markets across the world, and Australia has been no exception – but it looks like there’s one hotspot that seems near-impervious to the pandemic’s impacts. According to property expert and hotspotting.com.au managing director Terry Ryder, one capital city has withstood the worst of the crisis. “Melbourne markets have held…
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Residential investment properties Income generation considerations

Residential investment properties: Income-generation considerations

When it comes to purchasing a residential investment property, it’s often a very different approach than the one taken with a main residence. For example, whilst there may be some emotional and personal value attached to a residential investment property, largely, they are an asset purchased to help achieve an investment objective, and their acquisition is…
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