The success of an investment property is highly dependent on the financial health of the neighbourhood. There are tools to ascertain this.
The Wakelin Blog
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Would a Labor federal government's plans for negative gearing and capital gains damage the residential property market? Richard Wakelin says not necessarily.
Owners of Victorian workers’ cottages and double-storey terraces in Collingwood hold onto their properties for decades. This means investment-grade property in this lively neighbourhood rarely comes onto the market.
Parents can use the equity in their own home to guarantee the difference between what their child has saved and the bank’s usual requirement for a deposit.
Soon most of the conveyancing process will be electronic, but there are still some universal procedures to follow to ensure a smooth settlement.