A new analysis from CoreLogic shows that the typical home built in 2010 or later is twice as energy efficient compared to homes built before 2010. The analysis, part of the new report ‘Amped Up: How energy efficient are Australian homes?, shows that homes built after 2010 achieved an estimated median star rating of 5.9 out…
The difference between repairs and improvements can be confusing for property investors. I mean… what is a repair? When does a repair become an improvement? And how do you know what’s tax-deductible and what isn’t? Fortunately, the Australian Tax Office sheds some light on these questions. What is a repair? A repair replaces a part…
Think allowing pets in your rental is a risk? You might be missing out on one of the biggest opportunities in today’s market. While the thought of four-legged tenants might initially spark concerns about scratched floors or chewed corners, the reality is that allowing pets can offer significant benefits for landlords—both financially and relationally. In…
As an Australian property investor, you’re probably always on the lookout for ways to boost your returns and trim your tax bill. Well, here’s the thing: understanding investment property depreciation could be your secret weapon. This guide will walk you through the ins and outs of rental property depreciation schedules, helping you confidently navigate the…
There’s an easy way to save the government up to $20 billion annually. Just slug greedy, rich property investors by reforming negative gearing and capital gains tax and it won’t increase rents for tenants or hurt mum and dad investors a bit. Really?? Nothing new about this…negative gearing has been a hot topic in Australia…
The most successful property investors have a number of tools in their landlord kit bags. One of the most important of them all is using professional property managers to do the heavy lifting for them. That’s because, to create significant wealth, investors not only need to be strategic with their property purchases, but they also…
This Chinese New Year ushers in the year of the Snake, and according to the Chinese Zodiac, this is likely to be a year of transformation and growth, where you may face challenges in your career and finances. Being optimistic and adaptable will help overcome these setbacks. For property investors, strategic investments for long-term growth…
Australia’s housing affordability has become an increasingly pressing issue, that will surely remain in the news as the federal election looms. Recent data highlighted the significant challenges facing prospective home buyers. In early 2024, the median house price surged to 8.6 times the median gross disposable household income, a significant increase from 4.9 times in…
In today’s ever-changing property market, it’s never been easier to get lost in the sea of conflicting opinions. If you scroll through social media or attend a property webinar, you’ll find a new wave of so-called “experts” and buyers’ agents focusing more on their social media presence than actual expertise. But here’s the problem—many of…
If Warren Buffett, the Oracle of Omaha, were eyeing the Melbourne residential property market today, he’d likely see an opportunity where others might see uncertainty. Known for his timeless investment principles, Buffett’s wisdom is surprisingly applicable to Melbourne’s current real estate landscape. Melbourne’s market has underperformed recently, which might be making some investors nervous, but…
