PIPA In the News

Fri
19 Oct
2018

Finding the next property markets set to boom can be as easy as looking into their 'prime neighbours'.  Find out how one expert uses only two simple elements to identify the best investment suburbs in Australia.

Affordability and gentrification are the most important factors to consider when looking for places to buy investment properties in, according to the Property Investment Professionals of Australia chairman Peter Koulizos.

While these elements are available in highly-technical data reports, the property expert said that a simple understanding of a location's surrounding areas can help investors make the most out of their research and ultimately determine the best decisions for the growth of their portfolio.

 

Thu
18 Oct
2018

Amendments to current rental legislation aimed to give tenants more power have passed the NSW Parliament without any changes.

What does this mean for property investors?

Passing on 17 October, the Residential Tenancies Amendment (Review) Bill 2018 aimed to give tenants more powers in order to "get the balance right" between investors and renters, according to Minister for Better Regulation Matt Kean.

Thu
18 Oct
2018

This year, there has been a substantial increase in calls to debt assistance services by seniors, including those struggling to make their loan repayments.

According to recent statistics from the National Debt Helpline, a free independent service launched in 2011 for Australians experiencing financial difficulty, the helpline received more than 120,000 calls from January to August this year, up from 115,000 calls during the same eight-month period in 2017 and the highest ever for this period historically.

A representative from the National Debt Helpline, operated by a network of community organisations across the nation including the Financial Rights Legal Centre in NSW, confirmed that the helpline has been particularly busy this year, with an increasing number of senior Australians reaching out for assistance.

Wed
17 Oct
2018

Despite market fluctuations, Mr Koulizos believes that there is an abundance of investment opportunities across the capital cities—even in the softening markets of Sydney and Melbourne.

According to him, the only secret to finding the best location for property investment is going back to the fundamentals of a good property.

The property lecturer said: "Look for undervalued areas around prime hubs. It's not just based on median price because before it might just be really cheap because the soil is contaminated."

"Go and have a look, drive down the streets. Are the houses similar in the prime suburb as they are in the undervalued suburb? Are the streets similar? We're looking for wide, tree-lined streets—they're the key there. Then, make sure that you compare apples with apples. If you can tick those boxes, it should be alright."

Wed
17 Oct
2018

Australia's banks could change and tighten their credit policies even further, as the aftershocks of the royal commission's interim report make their way through the banking sector.

In minutes from its October board meeting, the Reserve Bank of Australia (RBA) said that despite moves from lenders to tighten lending policy in anticipation of the findings of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, it is "possible" that further tightening is introduced off the back of the release of the commission's interim report.

The RBA acknowledged that lending standards had become "tighter than they had been a few years previously", which it said "reflected the introduction of supervisory measures to help contain the build-up of risk in household balance sheets".

Wed
17 Oct
2018

Buying an apartment in Adelaide might offer a "hassle-free" lifestyle, but expect to lose a lot of money when you go to sell it, a property investment expert has warned.

People who bought apartments in three Adelaide developments about a decade ago made huge losses when they sold them, new data shows.

Those who bought apartments at 185 Morphett Street in the CBD, Liberty Towers at Glenelg or Newport Quays in Port Adelaide about a decade ago lost an average $166,000 when they eventually sold them again, according to CoreLogic data provided to InDaily by Property Investment Professionals of Australia chair Peter Koulizos.

At the most extreme end of the losses, one buyer spent $947,650 on a Newport Quays apartment in May 2009, only to sell it early this year for $535,000 – a loss of more than $400,000.

Fri
12 Oct
2018

PICKING the right city is more important than the right suburb if you want to make good money from property investment.

That's a key lesson learned from a fresh study of the past decade of house price performance.

Property Investment Professionals of Australia chairman Peter Koulizos examined 10-year home price movements across thousands of suburbs and towns and discovered key trends that can help investors make decisions.

For example, don't always follow the old saying that prices double every 10 years. Home prices in once-booming mining towns including Port Hedland, West Gladstone, Roxby Downs and Newman are still more than 40 per cent below their levels of a decade ago, the research found.

Tue
09 Oct
2018

This property lecturer of over 10 years shares four constants every property investor should be aware of when building their portfolio.

Peter Koulizos, lecturer at the University of South Australia and chairman of the Property Investment Professionals of Australia, who has been lecturing on property for over a decade, has identified three elements of the market that have managed to stay consistent.

His first observation that has remained true: houses are typically better performers than units.

"For example, in Melbourne, this is where it was most striking, I picked 202 suburbs that should do well, and each of those 20 suburbs, houses increased more than units: 20 out of 20," Mr Koulizos said to Smart Property Investment.

Mon
08 Oct
2018

Picking the right city is more important than the right suburb if you want to make good money from investing in property.

That's a key lesson learnt from a new study of the past decade of house price performance.  Property Investment Professionals of Australia chairman Peter Koulizos examined the 10-year price movements of homes across thousands of suburbs and towns and found trends that can help investors make decisions.

For example, don't always follow the old saying that prices double every 10 years.  Prices in once-booming mining towns - including Port Hedland, West Gladstone, Roxby Downs and Newman - are still more than 40 per cent below their levels of a decade ago, the research found.

Thu
04 Oct
2018

A growing majority of Australian property investors say 2018 was a better time to invest than 2017 despite the issues confronting the country's finance sector and the market slowdown in Sydney and Melbourne, according to a new survey.

Based on the insights of 820 property investors, the 2018 Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey shows that over 77% of respondents "think now is a good time to invest in property, with 52% looking to purchase a property in the next six to 12 months".

However, 48% of investors said changes in investor policies affected their ability to secure finance for an investment property. The survey also found that potential changes to negative gearing and Capital Gains Tax policies are a growing concern, with 45% of respondents open to reconsidering their future investment plans due to proposed changes.