Mark Bouris, the executive chairman of Wizard Home Loans says the current debate about negative gearing involves just one aspect of investment property. “But the true priority for most property investors is the success of the investment itself. He advises that to make an investment property worth your while, it should deliver long-term capital gains…
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GUEST OBSERVER Over the last 25 years, home ownership rates have fallen sharply for young Australians. Between 1982 and 2011, the home ownership rate for young adults aged 25 to 34 years dropped from 56 percent to 34 percent. Growing concerns about their home ownership prospects have prompted those in Generation Y (defined as 18-35 years…
From 1 July 2016 Australian residents selling real estate with a market value of $2 million or more will need to apply for a clearance certificate from the Australian Taxation Office (ATO) to ensure amounts are not withheld from the sale proceeds. Where a valid clearance certificate is not provided by settlement, the purchaser is required to…
This award recognises the boutique independent group that has most effectively driven residential sales growth during 2015 utilising a range of business development principals and tactics. We’re proud to announce that Strathfield Partners have won this prestigious award for 2 years in a row!
The level of residential listings nationwide fell in most capital cities across June except Brisbane and Perth, according to SQM Research. Listings in Brisbane and Perth rose month on month and national sales listings are up 2.5 percent compared to June 2015. Canberra recorded the largest decline for June with property listings falling 5.6 percent,…
Your patch needs to be special, and buying in a great location offers plenty of pluses, says ME Head of Home Loans, Patrick Nolan. “No matter whether you prefer the inner city vibe or out-of-town tranquility, your choice of location matters,” he said. “Where we live can shape our lifestyle and a quality neighbourhood can…
With the end of the 2015/16 financial year less than two months away, Angus Raine, executive chairman of Raine & Horne, is urging Australian property investors to have a current depreciation schedule in place by 30 June 2016. “Almost 80 percent of landlords fail to maximise depreciation claims against their investment property, potentially missing out on…
Attendees to the Wakelin webinar mid-week on Wednesday were told when is a pre-purchase building inspection a must, what they entail, how to interpret the results and what defects can be fixed and which ones should prompt you to walk away from a potential buy. To watch the webinar in full click here. http://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/52855-property-101-when-is-a-pre-purchase-building-inspection-a-must.html