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Apr 04
0

Increase the price of your home by 100%

By | best investment, Financial, Investment, Market, News, Properties | No Comments

How to increase the sale price of your property by 100%

I first came across a couple of stories last year in the Hills district of Sydney where a group of residents got together to sell their properties in one lot to developers; it’s a great idea on how increase the price of your home by 100% or even more.

A recent story tells us about a group of 62 residents in Frenchs Forest where the median price is around $1.3 million according to the Domain group, looking to sell their properties in one lot for around $2 million each but up to over $4 million for one block!

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All you need to do this is to be exceptionally lucky in living in a spot that has recently had a major infrastructure project approved and underway and where the land has been rezoned to high density. The cases in the Hills District were all within an easy walk of one of the new north-west link train stations and this new block in Frenchs Forest, totalling 4.3 hectares is situated just 200 metres from where the NSW government is currently building the new Northern Beaches Hospital!

In the last few months, a group of 19 homes in St Leonards was sold to an offshore buyer, while last year a record 46 neighbours joined forces in Baulkham Hills in an attempt to woo developers.

So maybe you should start checking out what is likely to happen in your area in the next few years and if the news is good, start getting friendly with all your immediate neighbours and start the discussion about a mass sale! Read the full story at http://goo.gl/BvCkLv

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~ Lime Property Solutions

Apr 04
0

How will the global economy affect the housing market?

By | Economy, Financial, Market, News, Properties, Property Research, Real Estate | No Comments

How Will The Global Economy Affect the Housing Market?

Some really in-depth comment from realestate.com on how the general carnage on world stock exchanges will affect the value of your property investment – How will the global economy affect the housing market?

It’s a great article if you live in Sydney or Melbourne. Like every other article you have read recently on the Australian Housing market since before the beginning of the year when the carnage on the stock exchanges hit, the article is suggesting that prices in Sydney and Melbourne may not grow at all this year. In fact it informs us that prices have actually dropped in Sydney over the last quarter…. and the biggest surprise of all is the conclusion that the Australian property market is very strong and resilient and that the huge downturns on the global markets is unlikely to have much effect on Australian property!

housing-market

Now that must be a surprise to most! …..  And by the way, a couple of other Australian capital cities get a one sentence mention. Another big surprise not really worthy of much media mention is that property prices in Brisbane are growing!      Read here  http://goo.gl/4Oe49f

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~ Lime Property Solutions

Apr 04
0

24 Million Australians Need Housed!

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24 Million Australians – Maybe we do Need More Investment Property!

At roughly 12.51am on Tuesday 16 February 2016, the Bureau of Statistics’ population clock ticked over to mark the milestone of a 24 million population in Australia; 24 Million Australians Need Housed so maybe we do need more property investment. It gave me some thought for this great vast land – with just another 9 million people, the whole population of Australia will be almost as large as that of the single city of Tokyo Yokohama! On the other hand, we are now sitting with nearly 7 million persons more than the cities of New York, San Paulo, Seoul and Mexico City which all boast a population of more than 17 million people!

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Full story: http://goo.gl/IQCu6r

It is quite an amazing figure which gives us one of the highest population growths in the world and much of this is coming from new migrants. It is estimated that around 50,000 new migrants landed in Queensland alone last year. The vast majority of these would have settled in Brisbane and the South-East Corner. At an average of 3 persons per household, the new migrants alone would require in excess of 13,000 new homes. Even with all the construction of units going on in some parts of Brisbane, I think we are still a way off looking at any oversupply.

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~ Lime Property Solutions

Apr 04
0

Time to Buy and Investment Property

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It’s Time to Buy an Investment Property

Are you ‘wealthy’ in terms of having a lot of asset and a good income from either your work or asset base or both?  Maybe you don’t think you are wealthy yet but you know somebody you are certain is wealthy.

There is one thing that is almost a certainty that all wealthy people have in common and that is property ownership.

economy

 

In this the land of the fair go, new income distribution figures show how much of the nation’s income ends up with the few. (This blog about “income”, not to be confused with ‘wealth’, which is discussed in a blog below). It’s all part of the same discussion with the world’s growing concern about inequality.

We’re not too bad in Australia but things are certainly getting better for the wealthy and, of course, it is more obvious depending on the area in which you live. Sydney has been revealed as Australia’s most unequal major city in new income distribution figures from the Australian Bureau of Statistics. Read more

If you live in the NT, then 6.5% of total income goes to the top 1%, whereas in NSW 11.4% of income goes to the top 1%. If you live in the CBD, Haymarket and the Rocks then 22.9% of total income is going to the top 1%!

Seem the only way to ensure you are not going to be left behind is to get some good advice on property investment and find out how to develop a performing property portfolio as soon as possible.

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~ Lime Property Solutions

Apr 04
0

Brisbane Market Growing

By | Home Loans, Investment, Market, Properties | No Comments

Sydney Residential Property Prices Drop 3.1% over the December Quarter

Since early 2010 the Sydney property market has been on a growth cycle. Most of the growth up until mid 2012 was around the CBD and inner suburbs.

After a slight drop in median price in mid 2012, the housing market has had phenomenal growth all over the Sydney basin. However, after three years of soaring property prices in Sydney, house prices have fallen by the largest quarterly drop on record.

Sydney’s median house price dropped 3.1 per cent over the December quarter 2015 according to the Domain House Price Report released last Thursday.

It’s what Lime property Solutions has been forecasting for the last 18 months so it shouldn’t come as any surprise to our clients.

 

The good news of course, is that the Brisbane house market is still moving upward from its slow growth start back in late 2013.

Read full article at: http://www.domain.com.au/news/sydney-house-prices-drop-3-per-cent-domain-group-20160127-gmd7pl/

~ Lime Property Solutions

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