by propertywizards | Apr 11, 2019 | finance, Perth Property News
The 2019 Federal Budget was announced last Tuesday – so who are the winners, you might ask? Low- and middle-income earners are one of the winners from the 2019 Federal Budget. If you fall into this category you will receive personal tax cuts, for singles this is...
by propertywizards | Mar 31, 2019 | Perth Property News, Property Investment, Selecting A Property
Negative gearing is set to be removed in January 2020 if Labor wins, except on new properties. So, where does that leave us? Do we jump in now or wait until after the proposed changes? A study by experts released last week predicts the likely effect of the change on...
by propertywizards | Jul 1, 2018 | Perth Property News, Property Investment, Purchasing A Property, Selecting A Property
Homebuyers and investors waiting for proof the market has bottomed out may want to re-think their strategy. The practice of sitting back and waiting for confirmation the market has definitely bottomed out could be a costly move. Many buyers want to have certainty, so...
by propertywizards | Jun 1, 2017 | Perth Property News, Property Investment
We’ve had a month now to digest the Federal Government’s May 9th Budget release and the impacts its measures will have on the real estate industry. Housing affordability was an important feature of this budget, with several implications for first home buyers and...
by Liz Sterzel | Feb 23, 2017 | Perth Property News, Property Investment
Property Wizards was recently approached by The Sunday Times Real Estate Magazine to provide advice and savings tips for first home buyers. Here’s what director Trevor Dunkley had to say. With the Perth property market at the bottom of its cycle and interest...
by Liz Sterzel | Feb 20, 2017 | Perth Property News, Property Investment, Selecting A Property
While there’s been a lot of focus on the downturn in the Perth property market, there’s plenty of good news coming in. A number of sources have revealed that Perth’s property market has reached its low and is starting to show signs of improvement. A word from the...
by propertywizards | Feb 13, 2017 | Perth Property News, Property Buyers Agent, Selecting A Property
We already know it’s a great time to invest in property in Perth. With the Reserve Bank of Australia’s decision last week to keep the cash rate at 1.5 per cent, this certainly adds to the appeal of getting into the Perth property market. So while interest rates have...
by propertywizards | Feb 8, 2017 | Perth Property News, Property Investment, Purchasing A Property, Selecting A Property
“It’s a buyer’s market!” you probably keep hearing. Perth’s current property market is a buyer’s market! The time to buy is now! To dig a little further and find out if it really is a buyer’s market, and what this means for investors, we asked Property Wizards...
by propertywizards | Feb 6, 2017 | Perth Property News, Purchasing A Property, Selecting A Property
Whether you’re just starting out in property investment or you’re a seasoned pro, you’d be familiar with the term, median house prices, and have probably spent countless hours scouring newspaper articles and real estate data trying to digest and distil them. But what...
by propertywizards | Feb 1, 2017 | Perth Property News, Property Investment, Purchasing A Property
Want to know how to pinpoint the next real estate hot spot? Of course you do. That is a question we get asked all the time here at Property Wizards. So we thought we’d save you some time, and go straight to director Liz Sterzel for her thoughts. Many people want to...
by Liz Sterzel | Jan 25, 2017 | Perth Property News, Purchasing A Property, Selecting A Property
Thinking about buying your first home? Taking advantage of Perth’s current property market and the Federal Government’s First Home Owner’s Grant (FHOG) is a great place to start. But do you understand all there is to know about it? Following the state government’s...
by propertywizards | Jan 23, 2017 | Perth Property News, Property Investment, Purchasing A Property, Selecting A Property
A new year often inspires a time to reflect – on your personal goals, health goals, financial goals. They’re called New Year’s resolutions for a reason. Have you made any? If property investment has made your resolutions list or is part of your 2017 financial goals,...
by propertywizards | Jan 16, 2017 | Developing A Property, Perth Property News, Property Buyers Agent, Property Investment, Purchasing A Property, Selecting A Property
So you want to buy a property to develop or subdivide, but not sure where to start or what to look for? Knowing how to secure a property with superior development potential can be difficult, especially if you are just starting out. Here are our top tips for a...
by propertywizards | Jan 11, 2017 | Perth Property News, Property Buyers Agent, Property Investment, Purchasing A Property, Selecting A Property
While it’s one thing to rush and make poor decisions under pressure, waiting for “the right time in the market” can prove equally costly, and may not be a smart property investment strategy. In periods like this, when the Perth property market is at a low, many...
by propertywizards | Dec 26, 2016 | Perth Property News, Purchasing A Property, Selecting A Property
Location, location, location, they say. But how do you snag a property investment in your ideal location or predict which suburbs are likely to perform well? Research, research, research. That’s the obvious place to start. But it’s knowing what to research and what to...
by propertywizards | Dec 19, 2016 | Perth Property News, Property Investment, Purchasing A Property
While there are plenty of negative news reports about Perth’s property market, it’s time to report the good news. The quiet property market actually provides positive opportunities for potential investors and tenants because it offers more choices, less competition...
by propertywizards | Dec 16, 2016 | Developing A Property, Perth Property News, Property Investment, Purchasing A Property
Any investment presents risks and rewards that must be properly understood before buying. This is certainly the case when buying property for redevelopment. You can keep yourself occupied, but all your hard work could be for nothing if you’ve not done your homework....
by propertywizards | Dec 12, 2016 | Perth Property News, Property Investment, Purchasing A Property
Many things in life work in cycles – time, seasons, politics, the economy. The real estate market is no different. Perth’s property market also moves from booming periods to quieter ones, and there are a few things you can do to make each phase work in your favour....
by propertywizards | Dec 7, 2016 | Perth Property News, Property Investment, Purchasing A Property
If you’re ready to invest in property and you’re starting to get your finances in order, you might be interested to know that some major lenders have increased their fixed rates, with others likely to follow. Westpac, ING Direct, Suncorp, ME, Bank of Queensland,...
by propertywizards | Dec 7, 2016 | Perth Property News, Property Investment, Purchasing A Property
So you’ve got a great job. You’ve endured the GFC, the mining boom and bust and invariable market fluctuations, and are still going strong. You’re feeling pretty financially secure. You’re paying off your mortgage nicely. And you’re still managing to enjoy a good...