Property prices are growing faster than your wages which means that every month you put money aside for a deposit, the market is moving further out of reach.

Millennials from modest families have been brought up with the attitude of keep your head down, work hard, save up and buy your own home first. Unfortunately, in today’s world, where property prices are rapidly growing, that’s no longer an easy option.

‘Rentvesting’ is a shift away from the traditional idea of owning your home with the white, picket fence on the quarter acre block. Society is changing, how we live is changing, so it’s not surprising the way we get ahead through property is changing too.

Read more

Did you know?

70% of Australian retirees rely on Government subsidies or are living below the poverty line.

I know I do not want to be part of this statistic, living on less than $300 per week (the Australian Aged Pension per couple).  

So… what is the solution?

Read more

But I know Sydney…

This is one of the statements we hear most often at Calla Property when we first talk to clients about property investment.

Clients often feel that they know the city and even suburb they live in or have invested in in the past. Usually this is because they’ve done quite well, either through good timing or holding the property for long enough.  Often this is reason enough for the client to want to invest in the same area again.

Read more

What is a positive cashflow investment property and is it worth seeking out?

Simply put, a positive cashflow investment property means that the income received from the investment from rent outweighs all expenses associated with the ongoing cost of the property. So the rent received from the property is more than all costs, such as agency fees, strata or body corporate, if it’s an apartment, council and utilities if it’s a house, mortgage repayments and repairs or maintenance of the property.

Read more

New or Old? What is the better investment?

Many of our clients want to know whether it’s better to buy an old property – or second hand property or a new property.

Read more

A housing bubble is a period of rapid growth in property prices, followed by a drop in prices back to the original point. For example if the market started at $300 000 and inflated rapidly and unexpectedly to $600 000, then fell over time to the $300 000 mark or below, this cycle could be termed a ‘Housing Bubble’.

Read more

According to the latest BIS Shrapnel report Residential Prospects 2015-2018, house prices will start to fall in 2016 – 2017, as affordability declines and coincides with the threat of rising interest rates.  

They suggest the three year outlook for Sydney does not justify the current level of frenzied spending and that the median Sydney house price by June 2018, will only be 2% higher than it is today, still under the $1 million mark.

Read more

In the 1950’s we were introduced to the ‘Great Australian Dream’. A big house on a big block of land. The Hills hoist featuring in the large back yard. Large enough for all the neighbourhood kids to gather for daily cricket matches through the long summer afternoons.

Baby boomers raised their families in these constructions of suburban nirvana in the 70’s and 80’s.

Read more