It’s not too late! In your 40s or 50s with no investments, minimal superannuation and panicking about your financial future? Stress no more because wealth-creation through property has absolutely no age limit. While most property experts strongly advise beginning an investment journey as early as possible, there is no such thing as ‘too late’ in… Read more
At Prospa Property Advisory we regularly speak with investors about the benefits of building a brand new investment property, rather than buying an established property. I know what you’re thinking: it sounds like a headache, particularly if you’ve never built a home before. Or, if you’ve had a negative experience with a builder before this… Read more
As you are probably well aware the Banking Royal Commission concluded recently and a number of recommendations were issued by Commissioner, Kenneth Hayne. There was very little surprise when some damning misconduct came to light. Most Australians pinned their hopes on the banks being held to account for years of questionable and corrupt practices, but… Read more
Good News for Property Investors for 2019: APRA announces removal of interest only loan restrictions The Australian residential property market is looking forward to a very positive start to 2019 following an announcement that from 1 January the financial services regulator, APRA will remove its 30% limit on interest-only residential mortgage lending for banks and… Read more
Buying interstate may seem like a daunting process for some investors but here’s 6 reasons why you need to consider it. 1. Diversification The old saying “don’t put all your eggs in one basket” couldn’t be further from the truth. If your whole portfolio is contained to just one market then you are completely exposed… Read more
Watch Adam’s personal story about how he started out as the world’s worst property investor.
At Prospa Property Advisory we see a number of different types of investors. Here’s a few investor types that lack the correct mindset to be successful with property. 1. No Fear This person jumps in at any opportunity that appears glossy on the surface. ‘No Fear’ generally has no defined investment strategy other than to… Read more
HTW Property Clock May 2018 Ever seen or heard of a property clock? – most likely not….. Here’s why it could change how and where you invest: The attached is a property clock which published monthly by National valuation firm, Herron, Todd White (HTW) and is an overall indication of where they believe each market… Read more
I sat down with some clients, Michael and Claire about 18 months ago – and yes, they are happy for me to tell their story. They had been researching the market for a long time before being referred to my service by one of my clients. They were a time poor, educated, professional couple with… Read more