There’s no getting away from the fact that selling your property is a big deal. Even in today’s improving property markets, there are no certainties and lots of hard decisions to be made, underscored by the pressure of knowing that certain decisions could mean thousands of dollars less in your pocket. But how do you…
There is an old army expression that cautions us to “Hurry up and Wait”, meaning be prepared to leap into action at the drop of a hat, whilst exercising patience just sitting around and waiting for that moment to come. Only to do the same thing all over again as the cycle of waiting, then…
One of the most interesting things I do is meet many investors every week (i.e., prospective clients). It is something that I have been doing regularly for almost 20 years, so I’ve literally spoken to thousands of investors. It is interesting because it provides me with the opportunity to reflect on people’s past investment decisions…
The family-friendly apartment is an idea whose time has come. In the Liverpool CBD in Sydney, for example, half the apartments are occupied by families with children, our newly published study found. This is twice the average for metropolitan Sydney. The high proportion of families living in apartments in town centres like Liverpool is often…
Believe it or not – nine out of ten landlords have been doing their tax returns wrong! Rental income was being left out of returns and mistakes were being made with property deductions, including over claiming expenses or claiming for improvements to private properties, a review by the Australian Taxation Office (ATO) found. This has…
Despite worsening affordability easing the pace of rental growth in Australia, rental availability tightened in September, with vacancy rates falling to new record lows across the country. CoreLogic’s Quarterly Rental Review for Q3 2023 shows rental values rose 1.6% over the quarter, down from the 2.2% rise seen in the June quarter and a full…
Investors who rent their property out on short-stay accommodation platforms such as Airbnb and Stayz in Victoria or Queensland will soon face a tax surcharge. A 7.5% levy, imposed by the Victoria state government supposedly in an effort to help tackle the state’s rental shortage, will apply to revenue made on the platforms from January…
Australia’s property market has moved into the recovery phase of the cycle, with the whirlwind of activity over the pandemic era now a distant memory and a supply crisis now taking hold. The supply and demand imbalance continues to put pressure on prices, so it’s interesting that new data has revealed that the number of…
The high end of Australia’s property market began breaking price records more than four decades ago, with houses and units in the country’s most prestigious suburbs selling for sky-high prices at every point in the property market cycle. Over that timeframe, the house price record has skyrocketed from $1 million back in 1978 to nearly $140 million…
Australia’s rental crisis looks set to worsen further as fearful investors offload their properties and abandon certain markets in Queensland and Victoria. New research by the Property Investment Professionals of Australia (PIPA) shows a maximum exodus of property investors in the two states over the past 12 months, with sales of rental properties surging both…
