PIPA In the News

Mon
30 Apr
2018

Affordability not such a crisis: PIPA

A real estate investment advisory body has released analysis proving mortgages are more affordable now than they were in 1990.

The Property Investment Professionals of Australia (PIPA) said those arguing property's lack of affordability haven't studied the numbers properly.

"Many commentators use just two indicators to measure housing affordability – income and house prices," PIPA Chairman Peter Koulizos said.

"This is a good measure to indicate how expensive housing is, but if you want to analyse affordability, you must also consider mortgage repayments."

PIPA examined annual figures looking at the average size of a home loan, the standard variable rate, principal and interest loan repayments and the annual average wage from 1990 to today.

Mon
30 Apr
2018

Property Hotspots: How to find them?

With more than 50 years of combined experience in property investing, the team at LocationScore have heaps of info that that want to share with you!

How you can conduct a full location research using big data instead of guess work
What mechanics of supply and demand matter in residential property for capital growth
We will show you the ways you can DIY and look for the data yourself!
When and where should you consider to buy your next property
Understanding the 8 key variables, where to look for them
Our recommended benchmarks to filter out the GOOD markets from the BAD ones

Mon
30 Apr
2018

Tom Cruise vs Tom Hanks suburbs: How to find suburbs with strong growth potential

When it comes to choosing a suburb with good growth potential, Hollywood's two most famous Toms provide an appropriate analogy.

If you're looking at a Tom Cruise suburb, you're looking at what's commonly called a hot spot: a locale that burns brightly for a few years (think marriages to Mimi Rogers and Katie Holmes) before fizzling out and leaving all parties checking the bank balance.

A Tom Hanks suburb has staying power. Hanks has been married to Rita Wilson for 30 years and by all reports the relationship is still going strong. A Hanks suburb will pay dividends well after the early romance fades and become the stuff of statistics legend with property values rising strongly over the long-term.

Tom Hanks suburbs have long-term growth prospects; Tom Cruise suburbs rise and fall.

Sat
28 Apr
2018

Crisis, what crisis? Why this expert believes housing is more affordable now than in 1990

GETTING that first home might seem like an insurmountable task in modern day Australia, but according to a leading real estate investment body it was not as bad as it seems.

Skyrocketing house prices in the capital cities should not dissuade young Australians from getting into the housing market according to Property Investment Professionals (PIPA) of Australia chairman Peter Koulizos.

He had a closer look at annual figures for what people are paying now compared to 1990 when it came to repaying a home loan and said homes were now more affordable.

And although property was no doubt more expensive, he said that people were ignoring the impact of significantly lower interest rates.

“And you need to look at how hard it is to pay off that mortgage,” Mr Koulizos said.

Fri
27 Apr
2018

Were mortgages more affordable 28 years ago?

The Property Investment Professionals of Australia (PIPA) has just released analysis arguing that mortgages are more affordable now than they were in 1990.

Peter Koulizos, chairman of PIPA, said those who say property has grown less affordable with time haven't studied the numbers properly.

"Many commentators use just two indicators to measure housing affordability – income and house prices," Koulizos said. "This is a good measure to indicate how expensive housing is, but if you want to analyse affordability, you must also consider mortgage repayments."

Thu
26 Apr
2018

Housing more affordable than 30 years ago: Experts

A real estate investment advisory body has claimed that property is more affordable now than nearly 30 years ago, and that other experts may not have been looking at the right numbers.

When analysing the current state of housing affordability in Australia, income, house prices and mortgage repayments must all be considered together, according to the Property Investment Professionals of Australia (PIPA) and its chairman, Peter Koulizos.

PIPA examined annual figures, looking at the average size of a home loan, the standard variable rate, principal and interest loan repayments and the annual average wage from 1990 to today.

Wed
18 Apr
2018

Sydney vacancy rates steady, good news for renters

Sydney's residential vacancy rate continues to support those seeking rental accommodation, according to new REINSW research.

President Leanne Pilkington said that the March 2018 REINSW Vacancy Rate Survey delivered some good news for renters in all of the metro, the Hunter and the regional areas.

She said that the survey saw availability fall by 0.1 percentage points to 2.2 per cent for the Sydney metropolitan area.

"A vacancy rate above 2 per cent is positive for those seeking rental properties," Ms Pilkington said.

"In outer Sydney, the vacancy rate remained steady while middle Sydney and inner Sydney rose [by] 0.1 percentage points to 2.6 per cent and 1.9 per cent, respectively."

Fri
06 Apr
2018

How free property investment advice could cost you a fortune

When you think about the word "free" what does it mean to you?

For some people it means the freedom to do whatever they want — whether that's financial freedom or having no ties so you can travel the world. For others, "free" means something that costs you no money.

But, of course, nothing in this world is free — especially property investment advice.

In fact, free advice is usually worth what you paid for it.

Fri
06 Apr
2018

More Aussies are choosing fractional property investment

Due to the unaffordable prices in Australia's most expensive housing markets, many aspiring investors—particularly young people—are turning to novel forms of property investment, including fractional property investment.

Also known as property crowdfunding, fractional property investment allows buyers to acquire a portion of a property, enabling them to enjoy the benefits of property investment without the upfront expenses and hefty deposit.

Founded in late 2016, Sydney-headquartered BrickX has quickly gained traction, with more than 10,000 Aussies having used the online platform to invest in a portion of a house or apartment.

Properties purchased by BrickX are put into an individual trust and split into 10,000 units or "bricks" that are then sold off. Bricks can be bought and sold on the platform, for which the company charges a 1.75% transaction fee. Prices are determined by the market, with investors also receiving their cut of the rental returns after deducting property management costs.

Wed
04 Apr
2018

BrickX hits 10,000 investors as aspiring homeowners turn to fractional ownership

Building a property portfolio brick by brick is proving increasingly popular in Australia, with thousands of aspiring homeowners buying a portion of a home instead of an entire one.

Since it launched in late 2016, more than 10,000 Australians have used online platform BrickX to invest in a portion of a house or apartment.

It's one of a number of start-ups that has sprung up in Australia in the past few years to sate a growing appetite for fractional property investment.

Properties purchased by BrickX are put into an individual trust and split into 10,000 units or "bricks" that are then sold off.

Bricks can then be bought and sold on the platform, for which BrickX charges a 1.75 per cent transaction fee. Prices are set by the market, with investors also receiving their cut of the rental returns after property management costs.

 

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