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What you need to do before investing in property

Saturday 10th October 2015

There are a plethora of reasons to invest in property, including the tax benefits and retirement planning. But let’s be honest, the main motivation is to be able to line your pockets with cash, purchase a sports car, own a property that smells of rich mahogany and be such a big deal that you need kidnapping insurance.

OK, perhaps not that far, but research from the Australian Bureau of Statistics (ABS) has shown that this dream is actually not implausible. Over the year to June 2015, the combined capital city values of dwellings (both houses and units) increased by

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