Declining property prices have seen many investors wonder whether their investment is worthwhile. Experts remind investors to take a long term stand and not bail out, selling too early. “Property is cyclical. There are periods of growth and decline in terms of property prices, this is just part of the cycle,” explained Madeleine of LJ [...]
Tag Archive 'investors'
What do you do if you are young and thinking about investing in property? A 19-year-old I know has plans to save up to buy his first property, and mentioned that he’s not too sure where to start. Should he do a property course, he wondered? And how do you know where is a good [...]
Posted in News on Aug 2nd, 2011
Commonwealth Bank of Australia has launched an online game created by ad agency BMF to allow would-be investors to simulate life in the property market. The announcement:“Commonwealth Bank today released Investorville, an online simulation tool for budding property investors. Investorville helps users de-mystify the often complex world of property investment, including simulating ongoing costs, without [...]
Posted in News on Jul 12th, 2011
Australia’s largest independently-owned mortgage broker has found that of those who will buy their first investment property in the next two years, for 19% it is their first ever property purchase. This incidence was highest in New South Wales (26%) and lowest in Western Australia (13%). Gender-wise, males were more likely than females to make [...]