property build puzzle

Dwelling approvals ease in September on the back of a large fall in unit approvals

Building approvals data for September 2016 was released earlier this week from the Australian Bureau of Statistics (ABS).   In September, there were 18,945 dwellings approved for construction nationally which was the fewest monthly approvals since November 2015. Dwelling approvals fell by -8.7% over the month and were -6.4% lower year-on-year. Looking specifically at house...
The block 2016

Investors could claim over $2.2 million in depreciation for each apartment in The Block.

An analysis from Australia’s specialist depreciation schedule provider suggests that investors could claim an average of over $2.2 million in depreciation deductions for each apartment on Channel 9’s 2016 season of The Block. Kim and Chris’s penthouse apartment has the highest amount of depreciation deductions available, with a first year deduction estimated to be at...
lose money house coin

What is the real problem with Cross Collateralisation? | Andrew Mirams [Podcast]

So really…what is the problem with Cross Collateralisation? It’s a topic we often discuss on Real Estate Talk which led to an e-mail from Michelle who asked:   “I was interested to hear about Andrew Miram’s warning about cross-collateralization and found myself confused between that and using equity in your home to purchase additional property. Are you able...

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