Dan Sofo

There Are Three Types of People: Those Who Make Things Happen, Those Who Watch Things Happen, and Those Who Wonder What Happened. Nicholas Murray Butler   Buying a home or investment property is a life-changing act.   It’s an act of defiance against a tide of negative news and a statement that you envisage a […]

  Well folks here we are the last week before Christmas and hasn’t this year flown.   If you hadn’t already guessed it I absolutely love Sydney,   I feel lucky to live in one of the very best cities on the planet and I never get tired of telling everyone just how good it

  Should you buy a property that needs a reno? Read this first. Building and renovation costs are surging at record rates with experts predicting high prices will remain for some time.   CoreLogic’s National Cordell Construction Cost Index is tracking annual increases of circa 20% in residential construction costs but reports from construction companies

  “The great Aussie property boom is over. All of those gains were due to decreasing interest rates and easy lending. Now that higher rates are here for the foreseeable future theres no way the next three decades will look like the last three. ”   Chances are you’ve heard this line of reasoning. If

    If you’ve had your home loan for a couple of years or more, and have been consistent with your repayments, there’s a good chance you’re paying too much interest.   What I’m seeing at the moment is lenders who are quick to pass on interest rate rises to their existing customers ‘ –

  Now you may have gotten wind of a proposed stamp duty reform, which is intended to benefit NSW first home buyers.   The reform called First Home Buyer Choice, proposes to give first home buyers of properties up to $1.5M the option to not pay stamp duty, and instead pay an annual property tax.

  Now while I can appreciate a beautiful home as much as anyone, what really excites me about property is its potential to grow in value, to make money.   That might be achieved with a renovation, or even better, without lifting a finger via capital growth.   Whether you’re buying to live or invest,

  Over the last twelve months Australians are beginning to take note of the serious effects of climate change on property values.   Consider the following:   The 2022 International Panel for Climate Change (IPCC) report predicts that the effect of flood, fire and coastal erosion will cause an estimate ninety one billion dollars a

  Is an Australian Property Market Crash Imminent?   Economists have recently shared predictions that Australian property values could fall by as much as 40% over the next twelve months but I’m not convinced. In fact I can see plenty of support for Australian property prices. Here are a few reasons I think our market