Posts by Margaret
Is your property portfolio finance a complicated mess?
Are you an investor with a property portfolio which looks simple yet everytime you want to do change something the task just seems enormous? Too often I see property portfolio‘s with finance structures, which on the surface look fantastic, but when you dig down a little, are a complicated mess. The mess usually originates from…
Read MoreIs it time to move the Govt out of Sydney?
Last night the ABC program Four Corners did a story on housing affordability which predominately looked at the afforability of housing in Sydney and Melbourne, and the battle of young people to buy a house in either of these capitals. Watching the story you may have believed that Sydney and Melbourne are the only two…
Read MoreTraps to look out for in off the plan purchases
This month the buyers of apartments in the Arena Apartment complex at 77 Shortland Esplanade Newcastle are taking ownership of their off the plan purchases. For many its been 2 years since they first signed up to buy the apartments and in that intervening period most have made themselves a nice capital gain. But undoubtedly…
Read MoreWhen it comes to property: Fear sells!
Maybe it is just my imagination but it seems that Australia’s media has become more sensationalist over the last decade. Take for example the Australian residential property market. Had you listened to many of the media’s “talking heads”, you would have jumped out of the market 10 years ago. That may not have been good…
Read MorePlanning for the Hunter region
Last night I heard something on the news about Hunter City. I thought, Hunter City, what’s that? Having missed what NBN was saying, this morning I went looking to find out just what Hunter City is/was/going to be and I found my answer on the NSW Department of Planning Website in the form of a…
Read MoreForeign investment in property may be closer to home than you think
Thanks to Yvonne Campbell from Newcastle Herald for my inclusion in her article Illegal buyers get brief amnesty 22 September 2015. Below is a bit more detail about FIRB. There has been a lot in the media about foreign investment in property, but until recently this seemed like something that was only happening in Sydney or the…
Read MoreChanges to the lending policy could mean better home loan rates
Over the past month there has been significant changes made to investment lending policy as lenders scramble to comply with the guidelines of APRA to get investment lending growth back to 10%. The biggest beneficiaries of these changes are home owners as lenders are not going all out for your business. Across the largest 15…
Read MoreNewcastle Council property sell off
So last night I called into the Walkom auctions and what a night it was where Newcastle Council sold off excess properties. The auctions were conducted by Gavan Reynolds of Reynolds Auctions who through his humour coaxed every last cent out of the buyers there for each of the properties sold. It was great to…
Read MoreSydney property market could drive investors to the Hunter region
Winter is in full swing and despite the cold winds that have blown across New South Wales and the heavy snow as low as 600 metres, this cold doesn’t seem to have slowed the Sydney property market. Domain recently reported a weekend clearance rate at auction of 79.7% – admittedly the lowest clearance rate recorded…
Read MoreWhat’s wrong with Rydal Street New Lambton?
Everyone wants to live in New Lambton, Don’t they? (Well unless they want to live in Merewether – which seems to be where lots of people aspire to live) And why not? New Lambton has a great reputation as a place to live. Its close to everything, it has great cafes, recreational facilities, pubs, schools…
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