The Reserve Bank of Australia has announced that it will cut interest rates.  This sets a new record low rate of 1.75% – the first change since May last year.

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

There were reports last night that the Sydney property market is starting to slow down as we finish another weekend that resulted in lower clearance rates with the average of around 70% instead of 80%.  There were also reports from auctioneers and real estate professionals that bidders seemed less bullish.

Read more

I’ve had many clients ask me about recent changes to banking policy in regards to Investment Loans. The APRA decisions are interesting.  In my view they’re trying to find a way to counteract the property heating effect that the RBA rate cuts are having in Sydney.

Read more

Are you thinking about becoming a property investor? It’s incredibly important to approach buying an investment property in a different way than buying a home. Here are 3 important considerations for anyone looking to invest in property.

Read more

Last week the Calla Property Team went to Brisbane for the week.  We met with property clients as part of our due diligence and are very pleased to report that we have some more fantastic investment stock for our clients. We visited a number of sites and show rooms ranging from small boutique developments of 20 apartments to full master planned, beautifully landscaped, amenity rich developments.  I am very excited to be able to offer this new stock to our valuable clients.

Read more

We’ve all heard lots of advice about property investing but there are a few common phrases that keep coming up and recently I’ve had a bit of time to reflect on them.

Read more

It would seem that there are many clients who are still wary about buying ‘off the plan’.  This seems to come largely from a number of developers who were unscrupulous during the boom period prior to the GFC.  By and large, the GFC has flushed out the unsavoury operators.  The businesses that were able to withstand the assault of the GFC, especially in the construction industry, for the most part, were good businesses prior and are still strong businesses today.

Read more

“9 years ago I took the plunge in buying my first Sydney property, a modest 2 bedroom apartment in Alexandria. I remember procrastinating for at least 2 years before I made that decision, thinking I didn’t have enough deposit and coming up with all sorts of excuses.  In 2012, I sold the apartment, but I regretted delaying the decision to buy as all my fears back then turned out to be completely unfounded.  If you’re looking to buy your first home and you have some doubts, I suggest you talk to the experts to get a different perspective and to demystify potential misconceptions.”

                                                                                                                             – Chen, aged 40

Read more