Want to buy an investment property in Australia? First, you should learn the benefits of buying new real estate. At Eda we support the saying ‘old ways won’t open new doors’. And, while new properties appear to cost more upfront, the ongoing benefits of buying a new property can outweigh these costs over time. Many investors take a short term view and compare the upfront costs of new or old properties. We think differently. [...]
Some say: ‘Location, location, location’ is the key to investing in the Australian investment property market. We think a little differently. At EDA Property, we are driven by research (some say we drive people by it). And, after lots of research, we say: 'Location. Vendor. Building.' These are the factors giving property investors a chance to achieve their wealth goals over the medium term. Getting the combination and all of these categories right, [...]
Why does locality so obsess us? It's simple: even if you chose the best house (and price) in the best street if the entire suburb is going down for the next ten years, it's unlikely you will achieve any gains let alone outperform the rest of market. However, if you invest in the worst house (at the worst price) in a suburb that exceeds the rest of the market, you will probably achieve [...]
If you want to achieve property investment success, one of the biggest mistakes you can make is to wait. And, apparently lack of funds or age is no excuse. Well, according to Akira Ellis anyway. This inspirational 13 year old boy purchased his first property, without a job (but with a little help from his parents) and is considered one of the youngest property investors in Australia. Eddie Dilleen was just 19 when [...]
Some say: ‘Location, location, location’ is the key to investing in the Australian investment property market. We think a little differently. At EDA Property, we are driven by research (some say we drive people by it). And, after lots of research, we say: Location. Vendor. Building. These are the factors giving property investors a chance to achieve their wealth goals over the medium term. Getting the combination and all of these categories right, in [...]
The term ‘rentvesting’ is gaining popularity in the Australian property market. The idea is that you rent where you want to live and buy where you can afford (and where you're most likely to get the best gains). The Australian Bureau of Statistics records that around 340,000 Aussies are rentvestors. It’s no wonder why it’s such a popular investment strategy. Being a renter and a landlord at the same time means you can [...]
Investing in property can be a great way to set your kids up for life. After purchasing an investment property, you can use it as an investment for yourself and then – eventually – as your kids’ very first home. In a time when it’s becoming increasingly difficult for young people to purchase their first home (especially in large metropolitan areas like Melbourne and Sydney), an investment property purchased by mum and dad [...]
"Fear is a base emotion, one that is very easily manipulated". Investing in the Australian property market (or any market, for that matter) can be daunting if you are unfamiliar with it. Tenant vacancies, market dips, dud buys – the list goes on. But the sad truth is that the fear to invest may lead (and has led) to many middle-class Australians retiring on the poverty line. Some of the most common property [...]
