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 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 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 propertywizards | Jan 30, 2017 | Property Buyers Agent, Property Investment, Purchasing A Property, Selecting A Property
As people have become more aware of the workings of the real estate industry, many buyers now recognise the need for representation. Just as you might engage a lawyer, a doctor, an accountant to address specific legal, health, financial aspects of your life, it makes...
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 18, 2017 | Developing A Property, Property Investment, Purchasing A Property, Selecting A Property
You know the old saying: “Don’t judge a book by its cover.” Many investors place too much emphasis on looking rich rather than becoming rich, and make the mistake of buying properties based on cosmetic appeal instead of their capital growth potential. Buying a...
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 | Jan 4, 2017 | Property Investment, Selecting A Property
While the real estate market is a complex beast and can be confronting, property investment is a great wealth-building strategy – if you know what you’re doing, and what to look out for. Finding and negotiating the right property deal comes down to a doing your...
by propertywizards | Dec 28, 2016 | Property Investment, Purchasing A Property
So you’re ready to delve into the wonderful but sometimes complex world of property investment, huh? Great! But before you dive right in, there’s several things you should consider. Firstly, you have to develop a budget that is a) sustainable and b) realistic....
by propertywizards | Dec 21, 2016 | Property Investment, Purchasing A Property
Before you even consider buying an investment property in Perth, you have to consider your strategy. If you’ve started looking at properties without understanding your strategy and knowing what you’re hoping to achieve, you need to take a step back and develop that...
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 14, 2016 | Property Investment, Purchasing A Property
First-time investors can snap up a great property at auction by sticking to their strategy. While auctions can sometimes create a pressure-cooker environment that force prices up, buyers who’ve done their homework can still come out on top. If you can keep your wits...
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 9, 2016 | Property Investment, Purchasing A Property
Diversifying your property portfolio is a great way to protect multiple assets, particularly if one isn’t performing as well as the others. It also minimises risk and exposure to market and environmental fluctuations, such as population, migration, politics and...
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...
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 | Nov 28, 2016 | Property Investment
Whether you’re an experienced property investor or just starting out, it’s crucial to do your homework, and have a checklist to refer to when making a final decision on buying a property – or to help you to choose between investment properties. Here are five key...