Where did 2017 go?! We can’t believe that it’s nearly Christmas. It has been a truly amazing year for Calla Property, and we would like to thank all of you for your support. At Calla Property, we are passionate about education. The more insights you have, as investors, the more confident you’ll feel about investing in property. We hope our shared blogs and publications have benefitted you, and helped you to think about property investment better.

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Have you started to consider property investment as a source of passive income?  Maybe you’ve already invested, and are looking to use the equity you’ve earned to re-invest? Or maybe you’ve been contemplating purchasing your first property for some time now, but don’t really know where to start? Well, this blog has been shared for your benefit. At Calla Property, we are passionate about education. The more insights you have, as investors, the more confident you’ll feel about investing in property. Happy Reading!

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Capital growth over the past 12 months has increased as much as 16 percent in Geelong; according to CoreLogic figures. The city is transitioning from a factory town with a strong manufacturing base, into a ‘new economy’ city with a broad range of industries and a growing population. Geelong’s economy is one of Australia’s most diversified; boasting major capabilities in high-tech and knowledge-based sectors, such as health, research, bio-technology, and education. According to the Domain Group’s latest State of the Market Report, Geelong now outranks most local government areas in metropolitan Melbourne in terms of growth in property sales. At this point, it is predicted that this surge is still part of the earlier stages of Geelong’s growth cycle. Historically, property booms in Australia have lasted up to three years before beginning to taper off; and with the surge in business expansions, government infrastructure spending, and property development, Geelong’s solid performance might only just be the beginning.

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There is a very common misconception that Lenders Mortgage Insurance (LMI) is designed to protect both the lender as well as the borrower in the event of a loan default. The reality of this is that in case of a loan default, LMI covers the lender for any shortfall. Basically, LMI, as required by Australian banks, is charged to borrowers who have less than a 20% deposit of the property purchase price. It is an additional cost outside of the standard fees and charges related to purchasing. As LMI is aimed at compensating lenders and investors for loss due to loan defaults, borrowers/ purchasers need to ensure that they are happy to pay these rates, as they can be quite expensive for riskier loans.

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It’s no secret that the wider property market in Melbourne has held up very well recently. During a period where slight loss of momentum was generally expected; especially given the slowing down of the boom of Sydney’s property market, Melbourne has maintained a steady level of growth. The question is… HOW? How is it that Melbourne’s property market has somehow outperformed that of all other capital cities? In this blog, I will explore exactly this; what makes Melbourne so special?

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Whilst we all reside in the same beautiful country, there are major differences within laws, culture, climates, and other areas, state to state. It is important to accept and understand these differences before entering a new property market. Brisbane, for instance, is not as expansive and wide-ranging as other capitals such as Sydney and Melbourne. This is definitely something to consider, as it is a key factor that differentiates the Brisbane property market and Sydney’s for example. This blog will feature my top 3 things to know before buying in Brisbane.

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At the start of every new year, we all get caught up in the idea of ‘New Year, New Me’. We’re going to start a diet we’ve been putting off for ages, or travel more, are some of the standard resolutions we go with. Another big one is ‘save money’ or ‘get a handle on expenses’; if that’s the case for you AGAIN in 2018, have a think about investing in property. Compounding interest is such a powerful wealth creation tool and the sooner you get into it, the better off you’ll be.

Whether you’re already an investor, or someone new to the market, it is critical to set yourself new goals to work towards and achieve. Adapted from a Chinese proverb, the saying ‘The best time to invest was 20 years ago, the second-best time is today’ really applies here. If you haven’t started investing already, don’t look at the past; take this opportunity to start looking into it now. Start setting yourself goals towards building your investment portfolio, and start considering your options.

Here are my 5 tips to help you make property investment your new year’s resolution:

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For some property investors, just hearing the words ‘Sydney’ and ‘property’ in the same sentence, can be enough to make them cringe, while others see the market in Sydney as an avenue of opportunity and growth. Regardless, before you actually launch into investing in Sydney, it is important to do your research, and seek expert advice. This blog is aimed at assisting you in understanding the Sydney property market, and what to consider when investing.

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Baby Boomers are starting a new trend, that is truly shaking things up within rental markets across the country. Australian home ownership is at the lowest level it has been at in 70 years, with just under one in three renting, according to official numbers. Many of those that choose to rent, adopt the communal lifestyle, by house sharing; and many of these house sharers are, in fact, Baby Boomers.

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Why women are better property investors in the long-term

Gone are the days where property investment is dominated by men. Now nearly half (47%) of Australians who own investment property are women, according to an analysis of data from the ATO by the Property Council of Australia. The rise of female property investors can be attributed to their increasing interest in taking control of their finances, with their main concern being security in retirement. This comes as no surprise as the current full-time gender pay gap is 15.3% and the average Australian woman will need to work 12 years longer to have the same amount of superannuation funds as her male counterpart.[1]

Susan Farquhar, Managing Director of Calla Property shares the reasons why women are paving the way in property investment and why they are more likely to be better property investors in the long-term.

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