Admit it, we’ve all been swept up in the cheer of the of the holiday season and made ambitious resolutions for the new year—from having a healthier lifestyle to improving your foreign language skills. It’s definitely a time of the year that inspires us to reflect and figure out ways to better ourslves.
Now that we’ve started a new financial year—hooray—it should also be a time to start your new financial year resolutions. In fact, it’s the perfect time to re-evaluate your finances and find ways to improve of your property investments ahead of your next tax return.
Here are four new financial year resolutions you might consider to take charge of your property investments and maximise their potential.
Exercise a healthier investment strategy:
Many mum and dad investors got into the game through life circumstances, and not a lot of thought was put into what type of investment strategy suited them best. Should they buy and hold? Be negatively geared? Positively geared? Is passive property development something they should look into?
The first step in reassessing your strategy is to determine if your current one is working for you. How do you know if it’s working? This all depends on which one you have chosen, but overall if you’re getting the desired return and see future growth, you’re moving in the right direction.
If you think your property can do better, chat with a financial planner about your circumstances and what options are out there for you. Also, speak to an agent who can look at your rental returns, the tax benefits you could be taking advantage of as well as the expenses associated with your property including asset management fees. An agent can also analyse and benchmark the performance of your strategy and provide possible alternate options. Continue reading
The life of a sales agent is a busy one, but what do they really do all day?
As buyers and sellers, we only see the calm, unflappable exterior as our agents welcome us to sparkling open homes and walk us through the paperwork. Just like ducks, though, there’s a lot of frantic action going on out of sight to keep things moving along.
We asked Eliana Rojas-Terry, sales agent with Independent Property Group Tuggeranong and definitely not a duck, to share two days from her diary with us so we can see what really goes on under the surface.
I’m up around 4.30am most mornings to go to the gym before starting my day. Today I let myself sleep in until 4.45am, but then it’s all go. I don’t drink coffee, so the gym is the thing that gives me enough energy during the day. Well, that and the fact that I enjoy my job!
All the agents get together at our favourite Tuggeranong cafe for breakfast. Saturday is usually our busiest day, so it’s a chance to pump ourselves up a bit. We talk about what we have on, how many opens we might have and if anything’s closing. It’s a real part of our team culture.
I have three open homes today, so I have to get moving. The first one is at 9.30am, but I try and get there about 20 minutes earlier. That gives me a chance to check that the house is ready and primp it a little bit.
Right now, I swing past the local florist. I always bring a bunch of flowers to put on the table for each open home. It pretties the place up, and they’re a nice thank you for the owners for all their effort in getting the place ready. Continue reading
The year is 2068. It’s the end of your working day in Canberra. You step into your commuter pod, fly along a pneumatic tube, and ten minutes later, you’re standing outside your home in Fiji. Inside, a personal robot brings you a cold drink—he doesn’t have to ask, he can sense that you’re hot and tired—and you settle down on the couch to plan your upcoming holiday under the ocean.
It might sound like the fever dream of someone who’s watched too much The Jetsons, but scientists are working on all these technologies now. We’ve rounded up a few of our favourite future predictions to create a picture of what life might be like in fifty years’ time. Continue reading
2017 was a big year for Canberra. Light rail construction was in full swing, our first tram arrived and who could ever forget Lonely Planet naming our great city the third best in the world.
It was a big year for Canberra property, too. With the median house price surpassing $700,000 for the first time and approximately 37 suburb records broken (source: Allhomes), 2017 saw Canberra sitting near the top of the highest growing capital cities in Australia.
But what does this all mean? And where is the market heading in 2018? We sat down with John Minns, Chief Operations Officer of Independent Property Group and Hannah Gill, Managing Director of Independent Property Management, to find out. Continue reading
Selling your home during the holiday season may initially seem like a terrible idea. After all, who is going to buy a home for a Christmas present? They don’t slide easily into the back of a hatchback, they’re hard to wrap and tend not to fit under the tree.
But we at Perspective happen to believe that the only terrible idea with regard to your property is not exploring all your options, so we’ve decided to help you weigh up the pros and cons of selling your property during ‘the season to be jolly’.
So what are the positives of selling during this busy, yet fun and festive season? You’ll probably be surprised to learn that there are a whole lot!