According to AMO Director, Mr Robert Projeski, the Australian housing market presented complex conditions in 2016.
Property Market - AMO
For any investor with their ear to the ground, buying off the plan is becoming one of the most popular forms of property investment.
The announcement by the Reserve Bank yesterday to cut interest rates by another 25 basis points has fuelled hopes that this will strengthen the economy by consumers engaging in further spending and lending. The official cash rate now stands at an historic low of 1.75 per cent.
Achieving financial freedom through real estate has always attracted people to invest in property. There are countless rags to riches stories of ordinary Australians who have managed to secure a comfortable retirement through property. Unfortunately, there are also an equal number of people who have brought on a whim, without any clear strategy or goals and have lost their fortune in the quest to get rich. If you’re thinking of entering the property market for the first time, the “buy and hold” strategy is one of the easiest and most popular strategy to use.
There are many experts who believe that the only way to achieve real wealth is to employ a capital growth strategy to your investment property. These properties require a larger deposit and are usually negatively geared, but in the longer term they can produce better growth and equity.
When you buy a house and land package, there is a clear fixed cost component that you need to budget for - but not if you buy land to build on.
To avoid costly mistakes later on, there are a few things that you need to be aware of before you purchase your plot of land.
In this video interview on 2UE Talking Lifestyle, Robert Projeski, the Managing Director of AMO, talks about some of the hidden costs when buying land to build on.
Many property investors start their investment journey with various end goals, but when it comes to strategy, the majority of people tend to gravitate towards positive cash flow strategy in order to achieve their financial goals. Positive cash flow properties can help you to immediately improve the quality of your lifestyle, while providing you with a financial safety net.
In this article, we look at the general expectations for property growth in Western Australia, South Australia, Tasmania and the Northern Territory for 2016.
Getting into the property market has never being easy, it's a big financial decision that requires sound budgeting, planning and research. Robert Projeski, a finance and property expert, and the founder of AMO gives some tips to help you get started.
In 2015, we saw spectacular property growth in Sydney and Melbourne, while the rest of Australia lagged behind. But what's in store for Australia’s states and territory in 2016? Can we expect to see the same or near similar break-out performances in NSW and the other states?
The reserve price is the starting price for an auction or the price at which the property is listed. Although it is illegal for agents to underquote or mislead buyers, many Sydney properties still sell above their expected price range. In this short radio interview, Robert Projeski, the Director of AMO explains some of the underlying reasons why people may be willing to pay more.