Given all the news in the media at the moment, it can be confusing to know if it’s a good time to buy or sell.

So let’s look at the facts, and then look at what advice I have given people for the last 20 years. The facts are, interest rates are at an all-time low, property affordability is at the levels it was in the ‘90’s, and we are in a recovering market, which means that confidence has returned to the market. The recovery phase is generally one of the best times financially to either be buying or selling. “Why?” you might ask?

Put simply, a recovering market is the prelude to a rising market. The market...

You should pick a property manager who is an investor themself.

If they don’t have investment properties, it could be argued they don’t understand what it is like to be an investor and face the problems so many investors do. A property manager should understand the Auctioneers and Agents Act, and have a system that rewards the tenants for looking after their home.

Stephen Cromarty

November 2019