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Sydney property investors take note: Short-term rentals in favour for savvy investors
The Sydney property market has risen by over 70 per cent over the past four years and as a result, gross rental yields currently sit below 4 per cent for apartments and below 3 per cent for houses. This has meant that property investors are increasingly having to put their hand in their pocket to fund the monthly shortfall of income over expenses (aka negatively gearing).
Market Essentials – June 2017
This Month in Review The Federal Budget has been a game changer for real estate this month. As of July 1st, first home buyers are soon to be able to use up to $30,000 of voluntary contributions into their superannuation to boost their home deposit. Retirees have also...
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