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September 5, 2017
Sydney auction clearance rate is slightly down. But before we make assumptions that the Sydney market isn’t performing as well as it was, take note of the increase in the number of properties listed and the fact that there are less buyers in the market. And don't take notice of everything you see and read. Do your homework and discern between what's media smoke / speculation and what is actual fact. Stay away from regional areas unless you have done a very thorough investigation, and more so if this is your firs property investment.
September 5, 2017
From where I sit there are not a lot of positives about negative gearing. I made the mistake of negative gearing when I first entered the property market 15 years ago. I am now a lot more experienced and knowledgeable, and hence see negative gearings as not the best property investing strategy to undertake. You may be playing the 'tax element', but it can work more against you then for you.
September 5, 2017
Going regional?? My recommendation would be to stay away from investing in regional areas. I personally wouldn’t be investing, and I wouldn’t advise my clients to do so either. This is based on two things: the level of safety of regional property investment and securing optimal returns. Both of which I believe regional property doesn’t deliver on.
September 19, 2017
Is Perth worth a look in? A big thumbs down from me for investing in Perth. It’s a great place to visit and the people are super friendly and give you the time of day. But dropping your cash in Perth at this moment in time, I would recommend against this move. For My reasons to stay away keep reading.
