by propertywizards | Dec 5, 2016 | Property Investment, Purchasing A Property
You often hear stories about young investors who owned five investment properties before they turned 25 or 30-year-old property-made millionaires. And you may have seen the Australian Financial Review article, Meet the Young Rich Lister building an entire suburb,...
by propertywizards | Oct 19, 2016 | Property Investment, Purchasing A Property
So you’ve heard the news: “The Perth property market is dipping.” “It’s a buyer’s market.” “Now is the time to pounce.” Whether it’s your first home or your tenth investment property, it is a really good time to snag a great return on investment. But contrary to what...
by Liz Sterzel | Aug 9, 2016 | Purchasing A Property, Selecting A Property
While REIWA’s figures suggest growth in Victoria Park has been slow over the past year, the suburb still has a lot to recommend it as a strong investment area. 4km from Perth’s CBD, directly on a train line and close to the Crown Casino Complex, Curtin University and...
by propertywizards | Apr 18, 2016 | Purchasing A Property
Property Wizards recently represented one of our clients at the auction of a promising development property in Beckenham, and were delighted to win the bidding in the presence of a large number of registered buyers. The turnout showed that there are many potential...
by propertywizards | Apr 13, 2016 | Purchasing A Property
There is no right or wrong answer when it comes to choosing whether to purchase your first property as an investment or a home. It’s a personal decision comes down to three main factors; your financial situation, personal lifestyle preferences and how hungry you are...
by propertywizards | Jun 25, 2014 | Purchasing A Property
Today’s post is from guest blogger, Mortgage Choice. We hope you enjoy their tips for what to look out for when buying a new home! If you’re shopping for your first home in Perth, you know that the hot real estate market has priced houses out of the reach...
by propertywizards | Feb 18, 2014 | Purchasing A Property
Investors and homebuyers need to create and stick to a pre-planned strategy if they’re to avoid overpaying at auction. With the number of auctions taking place in Perth tipped to rise, you need to be aware of how to use auctions to your advantage. If you have done...
by propertywizards | Nov 5, 2013 | Purchasing A Property
Recently West Australia’s new home boost came as an early surprise for Perth’s first homebuyers, taking the already existing cash incentive from $7,000 up to $10,000. What this now means is that first homebuyers (FHB) can finally sign the contract on their...
by propertywizards | Sep 17, 2013 | Purchasing A Property
In the post-election scramble back to the property market, buyers, particularly first homebuyers, must be careful. Do not fall into a trap of paying an overheated property price in the fear of missing out! Buyers must learn from previous mistakes made as the heat...
by propertywizards | Sep 3, 2013 | Purchasing A Property
The recent State Budget announcement of an increase in land tax should not deter buyers from choosing to invest in property. The rate of tax imposed by the Land Tax Act 2002 will increase by 12.5%, with the new tax scale to apply for the 2013-14 assessment...
by propertywizards | Aug 20, 2013 | Purchasing A Property
For potential property investors who are thinking of making their first purchase, the signs are looking good. Very good. Interest rates are at their lowest levels in decades, capital growth and rental yields are increasing and the demand for housing in Perth is...
by propertywizards | Apr 19, 2013 | Purchasing A Property
Every home buyer is a property investor, especially when you consider the amount of money involved in buying a home these days. Someday you may want to leave your home to your children in your estate, or need to sell your home to finance another move. Wouldn’t you...
by propertywizards | Mar 22, 2013 | Purchasing A Property
Perth property investors now find themselves in a seller’s market as a larger number of active buyers compete for fewer available properties. Quicker sale times for Perth properties mean that investors must be ready to act quickly should an attractive deal present...
by propertywizards | Sep 1, 2012 | Purchasing A Property
It’s easy to see why mining jobs are paid well. Most mining workers are away from their friends and family for long periods, working long hours in harsh and hazardous conditions doing repetitive and tiresome tasks. Not really something most people want to do forever....
by propertywizards | Mar 1, 2009 | Purchasing A Property
Tips to ensure property investors make money when they buy Negotiating the right property deal is simply a matter of doing your homework and arming yourself with first-class skills. The old adage “you make your money when you buy” is paramount in real estate...
by propertywizards | Feb 24, 2008 | Purchasing A Property
No matter how experienced you are, it’s crucial to have a comprehensive checklist to refer to when making a final decision on buying a property, or to help you to choose between several investment properties. Here are some key factors to consider when buying...