CoreLogic’s National Housing Data Report released this morning shows property prices rose 2.2% last month, continuing the current property surge across Australia That’s an amazing $400 per day for every day this year…or $2,800 per week! The scary part is the Banks are forecasting further increases of 20%+ over 2021 and 2022… The best time [...]
PROPERTY MARKETS ARE FULL STEAM AHEAD! Last month we said some of the Core Logic numbers were simply mouth-watering. Core Logic’s Month Housing Data Report shows dwellings continue to rise a further 1.8% across the nation last month. This is the equivalent of house prices going up $340 per day, or $2,400 per week! Breaking [...]
How property investors can benefit from relaxed lending laws Expanded credit approval would be a shot in the arm for the economy Credit is often called the lifeblood of the economy, and it’s an essential part of our post-COVID recovery. That’s why we’re keeping a keen eye on the Federal Parliament’s debate on proposed [...]
Rent where you want to live and free up cashflow to create future growth, says Michael Beresford It’s the classic property catch 22. You want to get into the property market, but where you want to live and what you can afford are (literally) miles apart. Do you compromise and buy somewhere 10 stops further [...]
Treat your investment property as a business and you’ll reap the benefits, says Michael Beresford of OpenCorp Everyone who ventures into property investment is looking for a foolproof recipe for success – so allow me to extend the cooking metaphor. Let’s use the analogy of MasterChef. These talented amateurs get an extensive recipe to cook something amazing. [...]
By Cam McLellan, Co-founder, OpenCorp Investing in property requires belief, mindset and action, but it also requires finance! As an investor, if you don’t fully understand how lenders measure your borrowing power, you run the risk of losing control of your property investment journey. Here are four strategies to increase your borrowing capacity in the [...]
By Cam McLellan, co-founder, OpenCorp Of around 25 million Australians, 2.2 million own one investment property; 460,000 own two, and around 19,000 own more than six. From this, I figure that the top 19,000 investors own many more than six properties each. So, what are these people doing that all the others aren’t? Every successful [...]
Why debt isn’t a dirty word for Treasurer Josh Frydenberg BY MATT LEWISON, DIRECTOR, OPENCORP OpenCorp's Matthew Lewison has been making sense of the numbers and demystifying the jargon. He goes into more depth in this audio clip: Coronavirus is an evil that has ambushed our daily lives on two fronts; the immediate threat to [...]
The OpenCorp Live Q&A Show is done and dusted for 2019 and we've gone out with a bang! Here is a replay of the Facebook live stream recorded on December 5th in which our panel of experts, including OpenCorp directors Al Lewison and Michael 'Boz' Beresford, answer viewers' questions around all things investing in property [...]
By Cam McLellan, Director, OpenCorp An asset is something that makes things better. Let’s look at a few basic examples of assets and liabilities before I explain them in more detail – and you can try to pick which is which. An investment property that puts money in your pocket each month and has [...]
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