The Blogs that appear on this page may be sourced from outdated material so please seek appropriate professional advice. The blog material is in no way intended to be personal financial planning advice.

Catherines Chat

Wholistic Financial Solutions provides a lot of essential information and updates regarding the property investment industry. Check this page for the updates.

Race for Hope - 2 weeks to go!

Friday, September 27, 2013

It’s just over 2 weeks until the annual Race for Hope is set to take place. This year, Race for Hope is a 3km or 8km walk/run beginning at the Kirra SLSC.

By sponsering a runner and/or walker you are helping 100% hOPE raise funds to continue the construction of a nursery (preschool) and purchase a ute for orphaned and underprivileged children in Uganda.

Trishelle and the children will be running in Uganda on the same day and would love your support so if you can’t make it, you can sponsor them here: http://www.mycause.com.au/page/hopekidsuganda

Together we can make a difference to give these children in Uganda a future and a hope.

 

The Future Remains Bright for Mackay, Gladstone and Townsville

Friday, September 13, 2013

There are currently many investors who purchased in regional areas of QLD and have been disappointed by having to accept lower than anticipated rental returns. Negative media about the end of the resources boom have also left these investors thinking that they have made a bad investment choice. However now is not the time to panic.

When you dig deeper into what is actually happening in these regions and look at the longer term the future prospects for cities like Gladstone, Mackay, Emerald, Rockhampton and Townsville remain incredibly strong. We may have passed the peak of the investment stage but we are yet to begin receiving the billions of dollars of income once exporting begins. And we still have some massive projects due to commence that will employ thousands of workers.

Please see the following link to an article from Terry Ryder suggesting that bright days are ahead;

http://m.propertyobserver.com.au/residential/rocky-on-the-rise-as-gladstone-stumbles-terry-ryder-hotspotting-rockhampton-gladstone/2013052261590

The short term over supply of rental properties in Gladstone and Mackay should be absorbed by early next year. It may take awhile for rents to get back to their peak levels but the potential for above average capital growth remains very strong. The Gladstone metropolitan area is fast running out of land that can be developed at an affordable price. Most future development will be around 20 minutes away in Boyne Island/ Tannum Sands or Calliope. While there is more land around Mackay capable of being developed you are no doubt aware of how long it takes for the Mackay council and local developers to bring the land to market. And most land left is either low lying or very hilly, meaning the cost to deliver lots is higher.

We are very confident is the medium to long term prospects for these regions an hope that investors can be patient. If they hang on happy days are ahead.

 

By: Chris Halpin

Who Said Mackay is Over!

Monday, September 09, 2013

 

The train is departing, All aboard!

The Daily Mercury yesterday announced the opening of a BHP Daunia mine and has created over 900 jobs while boosting the economy by $1.4 billion.

Relate this to another story they printed yesterday informing us of another airport upgrade which backs up the recent million dollar refurbishment.

"Mackay's perfectly positioned to be Central Queensland's integrated transport hub, so we're in the sweet spot for the Bowen Basin. Mackay is the capital of the Whitsundays so this is the place that people want to come through."

Now, combine all of this good press with the attached housing boom predicted from the election and we have the perfect storm for buyers to invest in Mackay.

See all three articles here:

  1. Airport Upgrade
  2. Daunia Mine Creates Over 900 Jobs
  3. Abbott will Trigger a Housing Boom

Specific Property Advice - Press Release

Friday, September 06, 2013

Here is a press article link about HNW Planning and an exciting initiative with direct property:

http://www.wealthprofessional.com.au/news/firm-delves-into-property-advice-178917.aspx .

It’s mostly but not entirely accurate. 

There will be education and professional membership standards required before you can start to provide Specific Property Advice. We will publish these details as soon as possible. We are trying to time the publishing of details, re-writing of Controlled Documents and other requirements to a second important initiative that’s being explored. 

Being able to offer Specific Property Advice may be a great way for you to increase your revenue. There are many clients who need specific property advice and there is no real source of that professional advice that is not otherwise limited in what that adviser can say or do OR who actually represent the vendor. Examples may include:

  • How to manage a property in old age (aged care) scenarios
  • Young couple seeking a strategy to enter the property market (buy big now or buy little and upgrade later)
  • Mature investors
  • Up-graders looking for strategies to minimise their personal debts when transacting on properties
  • SMSF property investors.

Significant Opportunities

With two thirds of wealth in property, opportunities are significant. 

And because you'll be able to advise on old and new property you’ll be able to strike up meaningful relationships with suburban real estate agents. 

Note that there are no exclusive arrangements as implied in the article but those mentioned in the article have been of great assistance to the process of gaining the new PI Insurance. 

Remember - Specific Advice can’t be done without training and professional membership. Details to follow as soon as possible. 

Kind regards,

 

David Hamblin

Operations Manager

 

HNW Planning Pty Ltd AFSL 225216

Race of Hope!

Monday, September 02, 2013

http://www.mycause.com.au/page/hopekidsuganda

 

On Saturday 12 October the kids and I of 100% Hope are running our own Race for Hope here in Uganda to raise funds for the construction of a nursery (preschool) for 240 orphaned and underprivileged children here in Uganda.

We would greatly appreciate your support and kindly request that you consider sponsoring us to run the Race for Hope. Every dollar donated (minus bank charges) will come directly here to Uganda and be spent on the construction of the nursery. Plus it's 100% tax deductible.

Click on the link below to visit our Fundraising Page where you can donate and leave a message to support the kids and I.

Thanks for supporting our efforts in raising money for this cause!

PS. If you live on the Gold Coast then why don't you consider joining in the Race for Hope there on the 12th October at Kirra SLSC starting at 7am.

 

Click here to support my cause

 

New Generation Seeks Property

Tuesday, August 27, 2013

The Global Financial Crisis (GFC) has spooked the younger generation into shaking off the party lifestyle and instead aspiring to own property to ensure financial stability, according to recently released research.

The Future Leaders Index is a groundbreaking research series lifting the lid on the views of over 2000 young, educated Australians.

The results point to the rise of 'Generation Sensible' or 'Gen S' - a demographic of 17-29 year-old university students that is both conservative and traditional, as well as being fiercely family-orientated.

Overall, it seems that the younger generation has changed priorities. Having been spooked by the GFC, they now want financial security - 94 per cent are saving to buy property rather than pursuing the party lifestyle, with only 5 per cent of their income spent on socialising.

 

Author: Property Week

Demand Continues to Outweigh Supply

Monday, August 19, 2013

Rental vacancies in South-East Queensland are being squeezed as demand continues to outweigh supply. The Real Estate Institute of Queensland (REIQ) says vacancy rates remain under 3% in SEQ and in most cases are tightening even further. Brisbane's vacancy rate is 2.1%, but rates are also trending lower in all other major regions of the south-east, REIQ's CEO Anton Kardash says. Cairns, Bundaberg and Fraser Coast regions all recorded vacancy rates below 3%. Kardash says competition for rental properties is attracting more investors, with property investor activity in Queensland up 14.9%, according to the REIQ's interpretation of ABS finance data.

Australian Taxation Office catching up with Technology

Friday, August 16, 2013

Hi All,

This year the ATO are trying to catch up with technology and (seemingly) reduce people calling in to follow up their tax return.

They have launched a free App for both Android and Apple phones.

 

Apple -https://itunes.apple.com/au/app/ato-tax-2013/id664461825?mt=8&ls=1

Android- https://play.google.com/store/apps/details?id=au.gov.ato.ATOTax&hl=en

 

This App also has a handy calculator to help you work out a rough guideline of whether or not your employer is withholding enough tax.

Of course you can do the same things on the ATO website, but some people may prefer to check in on their refund more regularly. Therefore the app can be handy.

Just make sure to protect your TFN at all times as it is highly sensitive information.

Property Market continues its Upward Momentum

Monday, August 12, 2013

Australian house prices have continued to rally, with official data showing improvements in all capital cities. Prices for established houses in the eight capital cities rose 5.1% in the year to June, according to Australian Bureau of Statistics data. Prices rose 2.4% in the June Quarter itself.

The ABS price index for established houses shows that capital city indexes rose in Sydney (+2.7%), Melbourne (+2.4%), Perth (+3.4%), Brisbane (+1.9%), Canberra (+1.0%), Adelaide (+0.3%) and Darwin (+2.9%). Hobart showed a fall (-1.0%).The biggest annual increases were in Perth (+11.0%), Darwin (+7.7%) and Sydney (+6.1%).

Queensland Lures Property Investors like no other State

Friday, August 09, 2013

Terry Ryder, 30 July 2013
 

Queensland’s status among the economic growth leaders of Australia has slipped in recent years, but its standing in the eyes of property investors remains undiminished.

Western Australia and the Northern Territory lead the country on economic growth, with Queensland a distant third.

The ACT has the nation's lowest unemployment followed by WA, while Queensland, with the exception for the struggle state Tasmania, now has the worst. WA is way out in front on population growth, with ACT second alongside Queensland, with the Northern Territory and Victoria challenging.

But property investors are oblivious or simply don’t care. Queensland has long held a reputation as the place to buy and nothing so far has shaken that conviction.

Overall, Western Australia is the national leader these days based on economic indicators – and Perth is the leader for price and rental growth - but more investors are buying in Queensland than in WA, according to the loan figures from the Australian Bureau of Statistics.

In the 2013 financial year, Queensland was the star of my hotspotting business.

The Top 10 Queensland Hotspots report outsold all our other state/territory reports by a considerable margin. The next most popular state, WA, attracted only half as many customers as Queensland did.

Our Queensland report sold more than NSW, Victoria and South Australia combined.  

When it comes to individual location reports, Queensland again topped the poll. The top five locations for Hotspotting buyers throughout the 2013 financial year were all in Queensland: Gladstone, Surat Basin, Mackay, Townsville and Emerald.  

Nine of our 12 most popular locations were Queensland regional centres.  

And, no, it’s not because we are based in Queensland. Only 20% of our report buyers were Queensland-based in the financial year 2013. We get most of our buyers from NSW and Victoria.  

So why is Queensland so popular?  

I think, in part, it’s because Queensland has an enduring reputation as a centre of growth. It has a track record for rising population and economic prosperity going back decades and investors are taking the long-term view that this will remain so.  

It’s also because Queensland is the most decentralized state or territory in Australia. All other states/territories have the bulk of their populations in their capital cities.  

Queensland is different. The state has stronger, prosperous regional areas than anywhere else in the nation and many of those places have well-established records for growth.

While Brisbane and tourism icons like the Gold Coast, the Whitsundays and Cairns have struggled in recent years, regional centres like Toowoomba, Emerald, Mackay, Gladstone, Roma and the towns of the Western Downs region have all delivered good price growth.  

Queensland offers unique or near-unique features to investors.

Nowhere else in Australia has a Gold Coast (probably not a bad thing, because the Gold Coast is a poor performer on capital growth, with houses and units on average still worth less than five years ago).

Nowhere else in Australia has a Gladstone, the nation’s leading industrial city.

Few other states have a Toowoomba, an inland city with 140,000 residents, a diverse economy and a boom resources province (the Surat Basin) on its doorstep.

Few other states have a Mount Isa, a remote mining town which is also a regional centre of 20,000-plus residents.

Few other states have a Townsville, a regional city with the population, economic diversity and strength of a capital city.  

And, with the exception of WA, no other state has the resources sector oomph of Queensland – a factor that will continue long-term, despite current weakness in the coal sector.  


For these and other reasons, Queensland lures property investors like no other part of Australia. 
Terry Ryder is the founder of hotspotting.com.au 


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