This morning I was watching my fav morning show whilst getting the kids breakfast sorted. I always look out for the financial overview; it’s not much but gives me a little something to go on through my day (OMG that sounds a bit boring?).  But by watching this 20 second update, I can see what the share markets around the world are doing, the value of the Aussie dollar, inflation figures and gold & oil prices and occasionally they’ll touch on property.  This is when I grab the remote and turn it up. I have to say, I find the financial overview very bias, but what can a property investor do?

Last week Property Bloom was offered a few DA & CC approved dual occupancy sites. They are in a town where dual occ sites are extremely hard to find right now. This town’s median price has been growing steadily as a result of investor activity increasing over the past 24 months as people are attracted to the high rents being achieved due to an undersupply of housing.

If there is a two speed economy, this Hunter town is in the top speed category.

Sunshine said she really liked the concept, so much so she decided to do a development project with us herself.  She was certainly the first financial planner I’d met who really walked the talk and who didn’t just promote boring old managed funds. She owned her first property at the age of 23 and accumulated ten properties by the time she turned 30.  I really liked Sunshine and we connected through property.

Last weekend I packed up my four year old son and we embarked on a road trip to Bulahdelah, a small country town about three hours from Sydney. I wanted to see my dad on Father’s Day. Mum had to suddenly find a nursing home who could take dad when she recently discovered she needed some medical treatment herself and would not be able to look after dad during her treatment. Dad has Alzheimer’s disease and whilst still in pretty good physical condition at 89, his memory is disserting him, he now needed full time care. It’s a cruel disease and very hard on carers.

When developing, your Property Team should..