9 mistakes to avoid on your road as a successful property investor

Property investing may be simple, but it’s not easy. And that’s not a play on words.

When you look at the statistics and see that most investors never get past their second property, you realise that most who get into real estate won’t achieve the financial freedom they were looking for.
While it’s possible to make good money in property, it will be more of an uphill battle in the current slow real estate markets. However, avoiding some classic mistakes will help keep you on the right track.

Read more about this article here.

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DC Property Quarterly Newsletter – Winter 2012

Winter 2012 available for download

DC Property Quarterly Newsletter – Winter 2012

The Gap Between Unit and House Prices is Closing

 

 

 

 

The rental market for units has outperformed that of houses during the year to September, according to Australian Property Monitors (APM).

Nationally median rents for houses fell by 0.2 per cent while unit rents rose 1.1 per cent, according to AMP’s Rental Price Series Quarterly Report.

Median rents for apartments is approaching parity with houses in most capital cities. In, Melbourne the median rent for units is $350 (houses $360), in Sydney $460 (houses $495), in Brisbane $360 (houses $370), in Perth  $370 (houses $380) and in Canberra $430 (houses $465).

“Annual figures show unit rental prices have increased at a significantly greater rate in most capital cities compared to houses,” according to APM senior economist, Dr Andrew Wilson.

Read more: http://www.news.com.au/money/property/units-almost-as-expensive-as-houses/story-e6frfmd0-1226165771251#ixzz1bB3ACUyz

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