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Can your first home be 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 […]

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4 types of property buyers who benefit most from a buyers market

There are 4 types of buyers who can benefit most from a buyers market, but there are also some common mistakes each of them must avoid making. 1. Upgraders The gap between what they sell and what they buy shrinks in a buyers market. This is a good thing! The opportunity you have been waiting for! […]

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What are the risks of buying off the plan?

I want to say, up front, that I am not a fan of buying off the plan because there are a huge number of risks. And, it really bothers me that a succession of Federal and State governments continue to encourage first home buyers and mum & dad investors to buy off the plan just […]

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What is land tax and is it fair?

Why Land Tax is unfair Property investors are often shocked when they get their first land tax bill. The first question they ask is “what is land tax and why do I have to pay it?” It seems that many accountants discuss federal taxes with their clients but little thought is given to this state […]

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How to be a clever analyst of property headlines

Recently, we interviewed property journalist Kirsten Craze on The Elephant in the Room property podcast. She was very revealing about the emotive nature of property market headlines and why they can’t be relied upon. Kirsten brought along a series of headlines that had appeared in the space of a few days that perfectly illustrate how […]

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7 ways you can lose money in property

It may seem strange for a buyers agent to say this, but you can lose money in property. And not just when the market slows down – but at any time. There’s a report that comes out every three months by Corelogic and it’s called the “Pain & Gain Report”. That’s right, PAIN and gain. […]

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How to make an offer on a house or apartment

Property buyers need to know how to make an offer on a house or apartment so that they don’t act too fast and overpay or, conversely, muck around and end up missing out to another buyer. The fundamental rule to follow under most circumstances is not to make an offer until you are ready to […]

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What to do when buying a house for the first time?

8 steps to buying a house for the first time: Step 1: Save a deposit It sounds really obvious, I know, but it is the hardest thing to do if you’re buying a house for the first time in Sydney. Ideally, you’ll save 20% of the property’s value and that way you can avoid paying lenders […]

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