Home' API Magazine : August 2014 Contents 11
API AUGUST 2014
AUGUST 2014 API
WANT TO PROFIT FROM
PROPERTY THIS YEAR?
Now is the time to take action to ride the next property wave.
Metropole helps beginning investors buy their first property, experienced investors add to their
portfolio and sophisticated investors “manufacture” capital growth by becoming property developers.
1300 20 30 30 www.metropole.com.au
Melbourne, Sydney, & Brisbane
Over the years the Multi Award Winning Team at
Metropole have bought, financed, developed,
advised, negotiated for and project managed
over a billion dollars worth of property transactions
to create substantial wealth for their clients.
We can do the same for you.
We don’t sell properties, so our advice is unbiased.
It’s a great feeling having the independent
team at Metropole helping you formulate
and implement your wealth building property
Our services include:
• Strategy Development
• Buyer’s Agency
• Renovations & Property Development
• Property Management
• Ongoing Portfolio Review
While Metropole provides a full-range of
professional services, you can choose to use some
of our services or the complete “one stop shop”.
We will customise a solution to meet your specific investment needs.
Over the years our team members have been voted Australia’s
Leading Buyers Agents as well as Australia’s leading Property
Strategist, Finance Broker & Property Managers.
Voted Australia’s leading
expert in wealth creation
Do you want to get started in property? Do you want
to grow your current investment property portfolio?
CALL US NOW on 1300 20 30 30 for a FREE impartial review of your current property
portfolio. Or call for a FREE report “How to get started in Property Development”
Sydney tops best
Properties in Sydney have performed the best of any area around the
country over the past few months, according to an RP Data March
2014 Quarterly Pain and Gain report.
The report looks at areas which have made profits and losses and
says Sydney recorded the lowest proportion of any loss-making
resales in Australia. Only three per cent of properties resold made a
loss. Almost 30 per cent of properties sold in Sydney made a profit of
100 per cent or more.
Around Australia, 90.2 per cent of all resales over the March quarter
led to a profit for homebuyers and investors, with 30.6 per cent of
all sellers at least doubling their money, compared with the original
RP Data research analyst Cameron Kusher says the areas which
had the biggest losses were the lifestyle regions and mostly the
“As a stark example, homes purchased prior to January 1, 2007,
pre-GFC, and then sold during the June quarter of this particular year,
only 7.2 per cent of resales made a gross loss. However, for homes
purchased on or after this date, the propensity to make a loss on the
sale climbed substantially,” Kusher says.
It’s no surprise that the longer the property is held for, the more
likely it is to make a profit.
In Sydney, Perth and Darwin, the proportion of loss making sales
was highest for homes resold in less than one year. In Melbourne,
Brisbane, Adelaide and Hobart, around 30 per cent of homes resold
between three and five years after their purchase were most likely to
sell at a loss.
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