The Old School Property Investment Process Scouring over pretty pictures of shiny kitchens and bathrooms on realestate.com, trekking out to open inspections, and hoping an investment property would perform based on looks alone… are all activities of the past. The old school property investment process is based on appearances, rather than facts. The New Property… Read more
2020 was a challenging year for many people. Job losses, sickness, changes to schooling, toilet paper shortages and cancellations of travel and events have left many households in a stage of recuperating, rescheduling, and restarting. The global pandemic affected everything, and property all over Australia saw new trends emerge to what is now an extremely… Read more
How do you know if you’re ready to buy an investment property? A quick hint: you’re here, reading this right now. That means you’re thinking about it, at least. 0. You’ve been thinking about it. Perhaps you’ve been thinking “Maybe I should get an investment property?” or seen your friends and family buy their first… Read more
Now is the Time to Invest in Property If you’ve been considering investing in property, now is the perfect time to do it. People are literally jumping over themselves to buy investment properties thanks to interest rates being at a historic low. Owning an investment property has never been more affordable – so don’t become… Read more
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
Location, location, location—a golden rule in property investment that helps investors ensure long-term growth for their assets, but how can they determine where NOT to invest? Location stands as one of the most crucial considerations for investors before buying a property as it determines the level and quality of supply and demand as well as… Read more
Every year as we head into the new financial year, many taxpayers will be preparing tax returns and reliving the previous 12 months through the lens of credit card and bank statements. Without doubt, a number will realise they’ve, once again, failed to make investment plans to maximise their financial position both now and into… Read more
Why should you buy an interstate investment property? You might be the kind of person who wants to “try before you buy”, and visit your investment property. Looking in your home state feels “safer”. Maybe you have an emotional attachment to your hometown, and think your tenants would be best off living where you grew… Read more
Can I Profit From a New Build? As someone who has advised on hundreds of properties through our network, it frustrates me when ill-informed commentators generalise that new builds are a below-par investment. Some mistakenly believe new constructions are generic – where every home in the estate is identical to its neighbours. They can’t seem… Read more