PIPA In the News

Wed
12 Nov
2014

Property investors across the country are increasingly turning to the Queensland capital and believe the city represents the best investment prospects in the year ahead.

The Smart Property Investment/PIPA Property Investor Sentiment Survey revealed that over half of all survey respondents (56 per cent) believe Brisbane offers the best investment prospects – an increase of eight per cent from the beginning of the year.

In second place, but significantly further behind, was Sydney with 13 per cent, followed by Melbourne (11 per cent) and Perth (nine per cent).

The least popular investment option was Canberra, with only 0.5 per cent of investors selecting it as the city which offers the best investment prospects.

Wed
12 Nov
2014

Two-thirds of property investors seek services from accountants, according to the latest Smart Property Investment/Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey.

PIPA chair Ben Kingsley said the survey results, which indicate 65.7 per cent of investors have sought services from their accountant, confirmed the profession's role in the property space.

"For me, it's really pleasing to see property investors are seeking advice from their group of professionals," he said.

However, speaking to AccountantsDaily, Mr Kingsley warned accountants to be mindful of what they should and should not be advising on.

Wed
12 Nov
2014

Despite months of commentary and speculation about property bubbles and overheated market activity, investors still believe now is the right time to buy.

A national survey of property investors has revealed that investor demand for property shows little sign of slowing any time soon.

The latest Smart Property Investment/ PIPA Property Investor Sentiment Survey indicates that despite talk of property bubbles and concerns that property price growth is unsustainable, confidence in the Australian property market remains high.

According to the survey, 80 per cent of investors believe now is a good time to invest in property, and 68 per cent are looking to purchase within the next six to 12 months.

Wed
12 Nov
2014

A survey of Aussie property investors shows unwavering confidence in today's market, with 80 per cent of respondents stating now is a good time to buy and 68 per cent intending to do so within the next 6-12 months.

Low interest rates, capital growth opportunities and stability were three top factors investors were choosing to purchase property, with one industry expert stating many are taking advantage of the low interest rate to build on a property portfolio.

Chair of the Property Investment Professionals of Australia Ben Kingsley said there has been concerns that some markets are overheated. However, the survey results show investors don't share that view.

Wed
05 Nov
2014

The RBA's recent threat on scrapping nengative gearing has sparked much discussion in the industry. Ben Kingsyle of PIPA believes that one of the biggest myths is that only the super wealthy investor benefits from negative gearing and he predicts the RBA is unlikely to scrap it.


Australian Broker Online negative gearing video


Wed
22 Oct
2014

As property investment has been under the microscope of late, one industry expert has come out and busted some common 'myths' about negative gearing and property investment.

Ben Kingsley, chair of Property Investment Professionals Australia and chief executive of Empower Wealth Advisory has refuted the argument that negative gearing favours the wealthy – telling Australian Broker "it is the biggest myth of all".

"In [my] business and what I do each day, they're mum and dad investors coming in and they're basically saying they want to take responsibility for their retirement planning. They realise that the government isn't going to be able to provide strong pensions for them," he said.

"I definitely support that it's not the super-rich or the elite, its actually traditional mum and dad investors, and we can see that in the ATO statistics as well. We're talking about $1.8 million people who are actually claiming rental income as part of their tax each year. It's definitely spread right across the board."

Tue
14 Oct
2014

The Reserve Bank is talking about throwing a wet blanket on property investor activity, so what does that mean for any would-be investors out there?

Loans to property investors hit an all-time high in July, accounting for almost 50 per cent of loans written to buy houses.

The RBA says there's now an imbalance with new lending to investors is out of proportion to rental demand.

Ben Kingsley, chair of the Property Investment Professionals of Australia, said would-be investors should focus on their own financial situation rather than external factors when deciding whether it's the right time to invest.

Sat
11 Oct
2014

"Mad savers" Tom and Kelly Orth, used the equity in their family home to buy investment properties in high rental demand suburbs.  They had a chat with Charlotte Durut ...

Fri
10 Oct
2014

Forget everything you've ever heard about Australia's housing market, because the bubble surrounding the nation's greatest property myths is about to be burst.

National real estate analysts have broken down the 20 greatest myths you're ever likely to hear from real estate agents, developers and other property gurus spinning tales about panic in Australia's residential market.

From 'the shortage bandwagon' to inflated statistics about increased house prices across the country, Hotspotting.com.au managing Director Terry Ryder dispels it all.

Published in the Spring edition of the Ryder Report, Mr Ryder makes the claim that 'jumping on the shortage bandwagon is the ultimate example of lazy analysis of residential property'.

Thu
25 Sep
2014

Spring buyers are coming out in force, and competition is still high in many markets this busy season.

The Property Investment Professionals of Australia (PIPA) has created a spring purchasing checklist for home buyers and investors, to encourage thoughtful buying decisions.

PIPA’s Ben Kingsley warns that while well-selected real estate is an opportunity for wealth creation, all transactions should be approached with due diligence.

“Not only should investors ensure any purchase fits in with their long term investment goals, but it’s important to be aware of unscrupulous operators, out to make a buck at the expense of innocent consumers,” he said.