Interest Rates to Push Rents Higher |
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Thursday, 10 January 2008 |
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Recent interest rate rises are likely to trigger widespread rent increases as demand for residential property
grows and landlords move to recoup added loan costs, property research and investment firm Braxton
Chase said today.
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Trading places: Brisbane?s east side takes off |
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Thursday, 10 January 2008 |
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On cinema screens back in 1997, Darryl Kerrigan was offered the king?s ransom of $70,000 for his modest home, practically in Melbourne Airport?s backyard. If someone told you that 10 years on, property just a few streets from an airport would be worth 10 times that, your response would probably sound like something Mr Kerrigan would say: ?Tell ?im he?s dreaming!?
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Trading places: Brisbane’s east side takes off |
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Thursday, 10 January 2008 |
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On cinema screens back in 1997, Darryl Kerrigan was offered the king’s ransom of $70,000 for his modest home, practically in Melbourne Airport’s backyard. If someone told you that 10 years on, property just a few streets from an airport would be worth 10 times that, your response would probably sound like something Mr Kerrigan would say: “Tell ’im he’s dreaming!”
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Building approvals surge, mostly in NSW |
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Wednesday, 09 January 2008 |
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THE number of residential building approvals surged in November, but the jump was largely the result of growth in multi-unit dwelling approvals in New South Wales. |
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Lomas to head Property Investment Association |
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Wednesday, 02 January 2008 |
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Prominent property investor and author Margaret Lomas has been elected the new chair of the Property Investment Association of Australia.
The PIAA was created three years ago to set standards, accreditation and training for property investment advisers and property professionals. It is expected to assume a more prominent role as the new Federal Government looks more closely at the issues of property advice, regulation and accreditation.
“There is no doubt in my mind that regulation is coming,” says Lomas, the founder of Destiny Financial Solutions. “Proactive organisations in the property investment industry will be looking for a united industry association for guidance.”
The PIAA, in conjunction with DeakinPrime, has recently released an accreditation program which aims to increase the quality of advice provided to the property investing community. |
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