Ninety percent of new units in selected larger projects in Fortitude Valley had resold at a loss over the past two years
It would worsen affordability for West Australian home buyers, owners, and investors
Future retirees will be draining their superannuation to meet steeper mortgage and rental expenses, warns an economist
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Are you looking for tax tips to save you money as the end of the financial year looms? You’d be well advised to take a good look at your depreciation allowances to make sure you’re claiming your full entitlements. You may be able to cut thousands from your tax bill, and even turn a negatively geared property into one that actually puts cash in your back pocket.
Do you own an apartment in Melbourne? You may have to start dropping your rents to attract tenants as the market heads into oversupply. And don't expect capital growth to come your way for some time to come.
How does a 1% interest rate cut sound to you? According to an economist from one of the country’s Big Four banks, the RBA could spring four more interest rate cuts on the Aussie public this year. But will the lenders follow suit?
In welcome news for investors who are banking on improved sales activity in the property market, the nation’s level of housing affordability has improved once again. But some states fared better than others, and a dramatic Aussie real estate comeback may still be some way off.
Picture the scene: you’ve secured an investment property, left its upkeep in the hands of a local real estate agency... and the next time you visit you find out it’s been sold by Nigerian scammers without your consent.
Do you see real estate agents as essentially untrustworthy souls who are a necessary evil of the property investment game? You’re not alone.
Is now the time to buy before the rest of the pack jump in? Property investors have been tipped to return to the market in larger numbers as the slowing rate of house price declines hits home.
As a property investor, you would think that you’d have a keen eye on the incomings and outgoings on each and every one of your properties, but one mystery owner has had to be tracked down by private investigators to be given her rent after 22 years.
Are you considering discounting to make a sale? Spare a thought for the owners of these properties, some of whom have had to cut as much as 41% from their asking price.
Forget Perth, the latest RP Data figures show that the country’s fastest growing suburbs for property prices are largely small towns in rural Australia. They represent some of the more surprising markets for capital growth – headed by Cleve, a small town on South Australia’s central Eyre Peninsula, where prices have surged 48% since March last year.
It has been suggested that ‘mortgage apathy’ is leading an increasing number of potential first homebuyers to drop out of the property race at a time when they remain a vital driver of price increases.
Would you invest $1m in a parking space? The developers of a garage in New York City are banking on a well-heeled buyer deciding that secure parking for their Ferrari is worth the million dollar price tag.
Do you tend to see annual tax refunds as an opportunity to splurge ‘free money’ on luxuries? With the world’s economic worries looming large, now may be the time to put refunds toward reducing your home loan, say experts.
Are you worried that your property investment expenses will see you resorting to living on baked beans to get by? Your Investment Property reveals five top strategies to get some bounce in your budget.
There are good property managers, and there are bad property managers – and the bad ones can cost you big bucks in damage and unpaid rent. Your Investment Property offers seven top tips to make sure yours isn't a bad apple.
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A Buyer's Agent will definitely save you time, money and most importantly, s ...
I am new to development, and will soon begin my first project (simple dual occup ...
hi stevefam - i lived there between 2005 and 2011. while some people did well, m ...