With property prices reaching eye-watering highs in many areas, concerns have been raised about the dire situation first time buyers face when they’re ready to buy. But is it really that bad?
With Federal Labor rattling the cage about investor legislative changes, it’s a timely reminder to ensure you’re on top of the latest Australian Taxation Office (ATO) requirements. Here’s a list of their top tips.
As an investor, you may have recently come to terms with depreciation and may have been unaware that you were entitled to claim deductions on your rental property. You may have thought your property was too old when it actually qualifies for depreciation – act now before it’s too late!
President of the Property Owners Association of NSW John Gilmovich explains the new reforms, what they will mean for the market, and why they have the potential to put more pressure on housing and rents.
No . . I’m not referring to beautiful cars, jewellery or fast men – although all those things are great. Property success indicators are pieces of information or data that should influence your property activities. This includes purchasing decisions, renovation and development decisions, as well as the crucial ‘hold’ or ‘sell’ choices.
I love this time of year. Not only do you get to attend fun events, but I find the week just after Christmas to be a great opportunity to relax, review and plan for the year ahead.
While the family home concession announced in the Federal Budget a few years ago was aimed at home owners 65 and over, the rampaging property prices from Sydney and Melbourne have caused a broader group of home owners to consider their options.
If a nation’s greatness is measured by how it treats its elderly and vulnerable, Australia is set to fall shamefully short.
The housing market is moving again. In the past month, national prices have climbed 0.9 per cent. What matters most to buyers (and especially to investors), along with price and value, is location.
