Mirren Blog

Real estate gains in Australia has been continually growing over the past 25 years and even more so this year. A recent report from CoreLogic, shows that national home prices have increased by 3.5% in September 2019, just a few short months until it beat its record in 2015. Would you know why even you should have …

Continue reading “Fundamentals of Investment Properties and diversifying your investment properties portfolio”

Spring can be a time for new beginnings and rejuvenation, not only for your home and life but also for your finances and investments.  Are all your finances, including your budget, loans, insurance, savings, super, etc., properly in place? Now is the time for freshening them up. Reassess your mortgage, pay off home loans faster …

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Rays of hope shine in the property market as Sydney and Melbourne turn around While house prices have dropped in recent years, with small price rises in Sydney and Melbourne, there are now early signs that the housing market is on the path to recovery. According to recent research by CoreLogic, over the three months …

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Leverage the equity growth you have If you already own one or more properties then you can speed up your property growth by leveraging the equity you have in your properties. Saving deposits is a slow and tedious process. If you can tap into the wealth of your portfolio and use that to buy more …

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Take a moment to feel the relief you will experience once your mortgage is fully paid. With all the repayments, interest and other fees, often times with a long term mortgage, it may feel like we are working for the banks and not much is going directly to our pockets. What can be done to …

Continue reading “Majority of Australians are paying mortgage faster, you can too…”

According to Brisbane Airport Corporation, Brisbane’s New Runway is the largest aviation construction project in Australia. Since the initialisation of the project in 2012, it is now in the major stages of construction, with a track to open in mid 2020. Once open next year, around this time, Brisbane will have doubled its current capacity …

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“A good property manager will help you make the most of your investment property and achieve the best return on your investment. A poor one can cost you money in multiple ways including poor tenant selection, careless inspections and extended vacancy periods.” ~ Property Boss This article will help you ask the right questions and …

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Investors in Australia have embraced the concept of dual occupancy properties. Dual occupancy homes are cleverly designed, efficient homes which are great for a modern multi-generational family as well as separate tenancies. Dual occupancy properties have a unique design where two dwellings – detached or attached – are constructed on the same block of land. …

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People buy investment properties to increase their wealth, and the best way to increase your wealth is by increasing the amount of equity in your property. Equity is the value of your property minus the debt. So there are two ways to increase the equity: 1. Capital growth The market pushes the value up, and …

Continue reading “How do you increase wealth or equity … without relying on capital growth?”

Getting the costs right…from the start You’re ready to think about getting an investment property. So what’s the first step? How much can you borrow? You jump straight onto one of the bank’s websites and find a Loan Repayment Calculator, which will tell you how much you can borrow and what the repayments will be. …

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