Good Deeds Blog

Labor’s negative gearing changes & why they won’t achieve what’s promised.

I’m biased, of course, but I do have some serious concerns about Labor’s negative gearing changes. We love to find a culprit for why our kids can’t afford to buy a home. First, we blamed Chinese investors, then SMSF investors, now it’s “the wealthy”, or what I call “attack the fat cat”. It’s a highly […]

Three good reasons to buy a bigger house now

Looking for a bigger house but worried your current home may not be worth what it was a year ago? Or are you unsure if now is the right time given the headlines are all so negative? Actually, right now could be the ideal time to bite the bullet and make the move. It may […]

Is it a good time to buy property in Sydney now?

Does history give us any clues about whether it’s time to buy property in Sydney now? This post was first written at the end of 2010. The property market had been pretty flat for the years following the GFC. See if there are some similarities with buyer behaviour in the current market: For the first […]

How to make a successful Sea Change or Tree Change

There are so many valid reasons for wanting to make a major life change. Often it’s simply so you can slow down. Sometimes it’s been a long held dream about retirement. Or it could be that you want your kids to have a more rural upbringing. Whatever your reasons, the fact is that life out […]

Capital growth or yield? Which will make you rich?

When it comes to giving investment property advice, I am a firm believer in QUALITY property, not quantity and capital growth is always my primary objective. I really don’t see the point in building a portfolio of properties that deliver high rents yet fail to grow in value. (I will put in a caveat, however: […]

Who is really making the decisions when you buy a property?

Veronica Morgan, principal of Good Deeds Property Buyers, is fascinated by consumer behaviour. In The Elephant in the Room property podcast, she is joined by Chris Bates, financial planner, mortgage broker and wealth coach and together they’re on a mission to uncover who’s really making the decisions when you buy a property. Hence the elephant: he’s a […]

Is it a good time to buy property in Sydney?

Lately, the press has been full of stories about the Sydney property boom being over. The boom did last for five years, so the end had to come at some point. The thing is, people are talking about this “boom-and-bust cycle”. They’re all waiting for prices to fall, or even to crash before they buy […]

Is your first home or investment property really your most important property purchase?

I recently heard a story about a young couple who saved like mad so they could buy their first home. They were buying in Sydney and prices were rising rapidly (this was back in 2016) and they despaired that they’d never be able to save enough to keep up with rising prices. A solution presented […]