Australia property market

A Cheat Sheet for those investors interested in getting involved in property development
0

Are you interested in getting involved in property development? Maybe now or maybe in the future? As our property markets slow down, more investors are interested in becoming involved in property development as a way of “manufacturing” capital growth. What many would be developers don’t realise is that along with the potential of big profits…

Australian home size hits 20-year low
0

How big is your home? Probably bigger than you need, considering many Australians have a spare room or two at home.    But maybe things are changing? According to a recent CommSec report the average floor size of an Australian home (houses and apartments) has fallen to a 20-year low. The average new home is 189.8 square…

The housing affordability 3 card trick that will cause prices to rise
0

Recently announced Federal and State Government schemes and incentives appear to be focused on making housing more affordable for first home buyers, but they’re just playing the old three card trick on us. Here’s what I mean… First card: Provide generous deposit saving initiatives, buyer grants and Stamp Duty exemptions to first home buyers. Hey presto!…

It Looks As If Sea Change and Tree Change Is Gathering Pace
0

The latest internal migration data shows that an increasing number of inter-state and intra-state population movements are to either sea change/tree change regions or the outskirts of the capital cities. Each year the Australian Bureau of Statistics (ABS) publishes data on internal migration across the regions of Australia.   Internal migration data counts the number…

Capital gains tax concession is too generous: economists poll
2

The Economics Society of Australia (ESA) Monash Forum polled economists on whether capital gains tax deductions for housing investment should be removed, writes… Maria Yanotti, University of Tasmania As the federal budget approaches, the government is grappling with ways to enhance housing affordability, including reforming the current 50% capital gains tax (CGT) deduction on property…

The week that was in property
0

The Reserve Bank (RBA) released the minutes of their March 2017 monetary policy meeting earlier this week. At the meeting the RBA board decided to keep official interest rates on hold at 1.5%. Their comments about housing are especially pertinent given the current discussion about affordability and potential introduction of additional macroprudential controls and the…