Find us on Facebook  Follow us on Twitter  View our profile on LinkedIn  View our profile on LinkedIn  

t: 08 9468 9244     e: info@momentumwealth.com.au

Accelerating your wealth through property investment

News & Media

Want to keep up to date with what's happening at Momentum Wealth?

Read the latest company announcements and articles featuring Momentum Wealth in the media.

Articles 1 to 8 of 152

Policy changes boost syndicates

Monday, 07 Apr 2014

The state government's push for apartment and townhouse developments, as well as increased appetite among home buyers for high-density housing, is creating substantial opportunity for residential property syndicates. The government's planning policy framework, Directions 2031, has provided the necessary impetus for investors to enter into syndicates for multi-unit residential property developments.

Momentum Wealth has just launched its Carine Rise syndicate, after purchasing three grouped residential lots from Landcorp and Cedar Woods at the former Carine Tafe site in the northern suburbs. Momentum Wealth plans to develop 18 apartments and three two-storey townhouses on the lots, which were bought for $2.6 million. Managing director Damian Collins said the development was attractive to syndicate investors because of the current lack of housing diversity in the northern suburbs, particularly Carine. "Not everyone wants to move to an inner-city apartment or to North Perth or West Perth. This project gives them a chance to stay in their own community" he said.

read full article

Read More

First-time buyer hotspots

Whether you're in the market for your first home or first investment property, knowing where to start can be confusing.

API Magazine asks the leading experts from each capital city to pinpoint the suburbs where first-time buyers could find the perfect property for them. The main criteria included relative affordability, proximity to amenities and services, and good medium to long-term growth prospects.

read full article

Read More

Growth is the key

Damian Collins, managing director of Momentum Wealth, writes an article for Money Magazine offering advice to property investors. He writes that "making money in property is about capital growth. The tax benefits from negative gearing and depreciation are a bonus but you don't get rich from tax breaks - you become wealthy in property from capital growth."

Successful investors follow a rigorous process to find the best-performing properties, and Damian outlines where to start, the best fundamentals and the key to choosing a high-performing property.

read full article

Read More

Our experts split on mid-year dip

Sunday, 23 Mar 2014

WA's property experts have their say on the market.

Momentum Wealth managing director Damian Collins gives his opinion on Perth's top "sleeper" suburbs, whether there is a dip on the horizon for the Perth property market, and he tells us where and what type of property he would buy if he had $400,000 to invest.

read full article

Read More

Northern suburbs riding the $1m wave

Sunday, 09 Mar 2014

Suburbs in Perth's northern coastal strip are set to join the million-dollar club this year. The club includes 31 suburbs with a median house price of more than $1 million - up from 21 suburbs in 2012 and just two suburbs a decade ago.

Momentum Wealth managing director Damian Collins said Perth's median house price could be pushing $1 million in 10 years if the city continued to experience the growth it had seen over the past decade.

read full article

Read More

The big boom theory

Sunday, 09 Mar 2014

Baby boomers are set to shake up the economy and residential property will be one of the key sectors to benefit.

Momentum Wealth managing director Damian Collins says smaller, manageable dwellings in good locations will perform better in the market because of this demographic shift.

read full article

Read More

Is bank ownership of aggregators a good thing for brokers?

Macquarie's recent acquisition of a 25 per cent stake in Connective has sparked new debate around consolidation within the industry.

The Adviser Magazine asks five brokers, including Bianca Patterson from Momentum Wealth, whether they think bank ownership of aggregators is a good thing.

read full article

Read More

Loans growing as buyers dig deeper

Sunday, 02 Mar 2014

The average home loan taken out by first-homebuyers in WA reached a record high of $325,300 in December 2014. That's $20,100 more than the national average for first-time buyers.

Momentum Wealth managing director Damian Collins expected first-homebuyers to remain a "respectable" part of the market over the next 12 months, but trade-up buyers would become more active. "Now that rents are stagnating, or even declining in some areas, and property prices have moved up over 10 per cent, renting now seems cheaper compared to buying" he said. "In addition, some first-homebuyers will be priced out of the market."

read full article

Read More

Articles 1 to 8 of 152
Back to top