November 2022

Preparing finances for retirement in Australia with InvestFox

Tips to Prepare Your Finances for Retirement

Once you have decided to put your work uniform in the closet, you can prepare to relax at your home. After all the years of effort you put into your work, retirement definitely seems like a blissful experience. However, only 46% of people over the age of 40 in Australia have confirmed their preparedness for retirement. At the same time, you can also factor in many other factors which can lead to...

Home ownership in Melbourne, Australia with InvestFox

Unravelling the Barriers to Home Ownership in Melbourne

Rental properties are generally perceived as a substandard investment in real estate. Does owning a property qualifies as something better than renting a property? Apparently, the chief executive of the Real Estate Institute of Victoria has a different view on rental properties. The interesting fact about Quentin Kilian is that he does not own a home and lives in a rental property with his wife. It may...

NSW Stamp Duty Changes for First Home Buyers in 2024 | InvestFox

NSW Stamp Duty Changes – First Home Buyers

The choice will initially be made to first-home buyers purchasing a property up-to $1,500,000, for both owner occupiers and investment properties. Whilst the scheme will be available from January 16, 2023, eligible first home buyers who sign a contract between 12 November 2022 and 15 January 2023 will be eligible to opt into the property tax. However, these purchasers will be required to pay any...

Property Investments in Australia with InvestFox

Best Practices for Wealth Creation through Property Investments

Real estate is one of the easiest and popular investment options, with assurances about high profits. One of the foremost advantages of property investment is the opportunity for wealth creation. In addition, investments in real estate could serve other viable outcomes such as safeguarding your cash from inflation or using equity as leverage. However, it is important to know the best practices for...

Property investment for retirement planning in Australia - InvestFox

Can Property Investment Help You in Retirement Planning?

Retirement planning is one the toughest challenges for every individual. Some of you must have set aside a retirement savings account for accumulating enough to get through old age. However, reality depicts a completely different scenario as majority of Australians are headed towards low-quality retirement life standards, owing to lack of money. How can you gauge the severity of the financial challenges...

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