Tag

investment property Archives - Page 2 of 2 - Lime Property Solutions

Apr 04
0

Time to Buy and Investment Property

By | banking, best investment, Investment, Market, Properties, Property Solutions | No Comments

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.

Follow us:
Like us on Facebook

Twitter: @LimeProperty1

 

~ Lime Property Solutions

Apr 04
0

Lies, Damned Lies and Statistics

By | Building, News, Property Solutions | No Comments
Lies, Damned lies and Statistics –“Building approvals slump for apartments and houses”

How can someone living in Sydney or Melbourne obtain any real understanding of the Australian Property Market?
Our ‘National” Press have been bombarding us with headlines from the beginning of 2015 about some magical property boom going on throughout Australia and more recently about how this ‘boom’ has come to a sudden stop with prices rapidly going backwards.
There is a great article in the Australian Financial Review on 6th January 2015 by Mathew Cranston informing us;
“Apartment approvals across Australia have given up their record-breaking numbers, with the latest official figures showing they slumped 23 per cent in November.”
The full story can be found at: http://www.afr.com/real-estate/building-approvals-slump-for-apartments-and-houses-20160106-gm0ucv#ixzz3wWSow34X
It goes on to state that , “Sydney property prices fell for the second consecutive month dropping 2.3 per cent in December, according to CoreLogic RP Data Home Value Index.”
I can only assume this is another general piece of parochial Sydneysider reporting with the impression that Australia stretches from somewhere around the Hawkesbury river to Port Philip Bay and all to the east of the Great Dividing Range!
This following piece must also only refer to the Hawkesbury/Port Philip Bay area
“Lower level approvals is not unexpected given the higher levels of approvals throughout the whole year,” Mr Harnich said.
“This could be good for first home buyers as it may put some downward pressure on pricing and help them into housing market.”
Brisbane is Australia’s third largest city and the following is a quote from the Australian Bureau of Statistics web site –
“The trend estimate for total number of dwelling units approved in Queensland rose 0.9% in November and has risen for three months. The trend estimate for the number of private sector houses rose 0.1% in November and has risen for seven months.”
Don’t believe it…. try: http://www.abs.gov.au/ausstats/[email protected]/Latestproducts/8731.0Main%20Features3Nov%202015?opendocument&tabname=Summary&prodno=8731.0&issue=Nov%202015&num=&view=
By definitions above, we must be expecting some growth then in Brisbane? This I could agree with!

~ Lime Property Solutions

Mar 08
0
new-year-start-2015

What a Start To The New Year

By | News, Property Solutions | No Comments

Thousands of people in Time Square New York celebrated the ninth New York’s Good Riddance Day. Basically a huge shredder was set up where people could publically destroy their physical and emotional ‘baggage’. People through in notes and placards, pills and bills, and piles of clothes; anything representing their baggage of 2015. A line as far as the eye could see stretched all down Broadway.

The simple rule was that any member of the public could come to destroy, “any unpleasant, embarrassing and downright forgettable memories from 2015”. This was done with passion shredding papers with the words ‘NEGATIVITY” and “PROCRASTINATION” written on them, smashing up IT equipment with hammers, destroying credit cards and throwing out mementos from old relationships.

Good Riddance Day has its roots in an old Latin American tradition where people sew objects on dolls and set them on fire letting their pain and frustrations dissipate in the smoke!
And what became of all the shredded rubbish? It was recycled and used as confetti as the famous Time Square Ball dropped at midnight.

This is something we could all do in the privacy of our own back yards to get us moving forward again in 2016 here in Sydney  – A Happy and prosperous New Year to you all!

Read more: http://www.smh.com.au/nsw/burning-the-past-and-reinventing-the-future-in-times-square-20151230-glx6sf#ixzz3wESAwsrX

Mar 04
1

Stop the gloom! Buy an investment property!

By | best investment, Investment, News, Properties, Property Solutions | No Comments

Australians are a gloomy lot about the future

One of the richest countries in the World, low unemployment, high wages, future looking good and yet we are the gloomiest people in the Asian region about our future!

larger-homes

There are so many reasons for Australians to be happy and cheerful and yet a poll, conducted twice a year by card payments company Mastercard, showed our confidence ranking was more than 30 per cent below the regional average.

Only 3 countries in the region are more pessimistic about the future than Australians, Taiwan, Sri Lanka and Malaysia. The survey was based on the economy, employment prospects, income prospects and quality of life.

A recent newspaper article sums up our real situation as follows:

“ It’s  hard to find a good reason why Australians are much gloomier about their economic circumstances than most of their Asian neighbours, including New Zealand. Over the past decade, Australia has been enriched by a once-in-a-century commodities boom and manouevred, relatively unscathed, through the biggest financial crisis since the Great Depression. Now the economy is making a better-than-expected post-boom transition. No Australian in their mid-40s or younger has ever experienced a recession in their working life.

Australia’s economic institutions are recognised to be among the strongest in the world and we’re one of a handful of countries with a triple-A credit rating from the three major ratings agencies – Standard & Poor’s, Moody’s and Fitch Ratings.”

We are often amazed at the procrastination of potential property investors. With the opportunity to buy a positive cash flow investment property in one of Australia’s top 10 suburbs for growth and the thought of all that can go wrong in the future is stronger than the certainty of increasing wealth through the purchase of positively geared investment property.

It really is all in the mind!     Read more: http://goo.gl/ADBjNx

Follow us on Facebook: https://goo.gl/qlVppi

Twitter: @LimeProperty1

~ Lime Property Solutions

Property Investment Advice Sydney | Property Investment Advice Melbourne | Property Investment Advice Brisbane | Property Investment Advice Perth | Buying Property with Self Managed Super Fund | SMSF Property Investment | Buying Property with SMSF | Buying Investment Property Melbourne | Buying Investment Property Brisbane | Buying Investment Property Sydney | Buying Investment Property Perth