Mirren Blog

Median house price: $705,000Median house rental value: $570 per weekGross rental yield: 4.3%Transport: car, train, bikePopulation: 457,000State: ACTSize: 814.2 square km Canberra home values remained at a record high in September 2020.(Source: CoreLogic) Canberra is the capital city of Australia, located at the northern end of the Australian Capital Territory and is Australia’s largest inland …

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Median house price: $454,000Median house rental value: $380 per weekTransport: car, train, bikePopulation: 2,504State: QueenslandSize: 16.9 square kmLocation: 10km south of Logan Central Park Ridge is a suburb located around 10 km south of Logan Central in Queensland, Australia, and 26km south of central Brisbane. Once a rural region known for its agricultural lands and …

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Median house price: $408,888Median house rental value: $390 per weekMedian apartment rental value: $460 per weekHighlight: Upcoming industrial estate set to bring 6000 new jobs in the areaTransport: Car, bus, train, bikePopulation: Approximately 3,254State: QueenslandLocation: 11.5 km south of Logan Central The highlight that makes Logan Reserve a fantastic investment opportunity is the upcoming Crestmead …

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Housing is often considered the most important asset by the majority of Australians. In the country, housing is one of the largest components of wealth. As consumer trust increases in the real estate industry after the COVID crisis, we’ve seen small yet impactful changes that determine the future of housing and real estate investment. In …

Continue reading “Overview of Australia’s Current Property Investment Landscape, 2020”

Using your equity to add more properties to your investment portfolio is one of the best ways to get funding for your property investment plans. Unlike saving up for the downpayment which can take a long time, using the equity you have right now can help you get started much earlier. **What Is Equity? ** …

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COVID 19 is testing the Australian economy. While it’s still too soon to tell the extent of the impact it could have on the property market, numerous experts forecasted that there may not be as much negative impact as they first predicted. Contrary to the initial grim forecasts including CoreLogic’s property market update during the …

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Renovating properties may seem like an easy way to earn real estate money and increase the value of your home. All you need to do is buy cheap property, add improvements, then increase the price. Sounds simple, right? Not quite.  While renovating can indeed help you maximize profits, it’s not as easy as it may …

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Financial plans and goals are crucial to make sure you’re on track with your investments. In real estate investing, it’s not enough to just purchase a property, you have to be clear on what path you want to take in terms of financial strategy, you also have to monitor your progress, and learn to prepare …

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Buying investments during a global crisis can be stressful. Big changes are happening in all industries and it’s normal for investors to experience fear. However, there may be real advantages to them, especially now when prices are falling. How would you like to own a property that generates income every week and finances you with …

Continue reading “The Significance of Cash Flow Positive Properties in a Changing Real Estate Market”

The bushfires in December 2019 and the coronavirus pandemic are two of the most recent events that have brought significant changes in the Australian real estate market. Catastrophic events like these are out of everyone’s control and it is natural to feel confused and helpless as a property investor. Despite all this, one should always …

Continue reading “Protecting Your Investment Property During Tough Times”