It’s human nature to become set in your ways. We find our familiar groove and, once settled, are happy to coast along. But this is a false sense of security because the ‘safe zone’ is actually dangerous territory. If we’ve learned anything from 2020, it’s that expecting the status quo to be maintained can… Read more
Australia’s Internal Migration 2020 2020 was Australia’s year for internal migration, with tens of thousands of individuals and families choosing to move between states. Several trends were seen throughout the interstate resident swap, including a clear inclination towards regional areas. A net total of 43,000 Australians moved from capital cities to regional areas last year…. Read more
The Old School Property Investment Process Scouring over pretty pictures of shiny kitchens and bathrooms on realestate.com, trekking out to open inspections, and hoping an investment property would perform based on looks alone… are all activities of the past. The old school property investment process is based on appearances, rather than facts. The New Property… Read more
Having a great team around you is the first step to success if you’re looking to invest in property, and the first step to finding a great team is making sure they have the appropriate qualifications. You can start by ensuring your Property Investment Advisor is a QPIA… …wait, what does that mean, exactly? what… 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