Greetings and a happy new year to all members. Is the clock running faster than ever before or is it just me? It’s already April! It’s the traditional autumn real estate season under way but boy hasn’t the market changed from this time last year where auction clearance rates,the barometer that we all follow, was…
There are tax issues to consider if you want to turn your home into an investment property So you’re thinking about turning your home into an investment property because you’ve decided to upgrade to a new place but want to hang onto the existing one and rent it out. One of the first things you’ll…
DEVELOPERS will foot the bill for new schools, parks and road upgrades to ease the pressure from thousands of new units planned for the inner west. The State Government has released plans to pass the responsibility of paying for new infrastructure in rapidly changing suburbs to the developers who are set to cash-in from rezoning…
Fears Australia’s housing market would suffer if landlords faced increased regulation are unfounded, an international review has found. In countries with similar incentives for mum and dad investors, stronger regulations protecting tenants did not lead to a big drop-off in investors or subsequent house price falls, according to a new Australian Housing and Urban Research Institute (AHURI) report. The view…
The third most popular new year’s resolution – after losing weight and eating healthy food – is usually about getting the finances in order. But how to go about it? A good place to start is your superannuation fund, which can provide basic financial advice at no cost. Super funds, in particular industry funds, offer…
Federal Labor’s negative gearing overhaul would likely have a “small” impact on home values, official documents reveal, contradicting Government claims the policy would “smash” Australia’s housing market. The previously confidential advice to Treasurer Scott Morrison from his own department said the Opposition’s plan might cause “some downward pressure” and could have “a relatively modest downward…
House prices slowed down, rents in capital cities became more unaffordable and interest rates remained unchanged in 2017, but what will happen in 2018? As we move into a new year and a quieter housing market, these are the things you need to know. 1. US rate rises will make your mortgage more expensive The…
LONDON: A UK court has held as unlawful a British landlord’s ban on “coloured” people from India and Pakistan renting his properties because they cooked curry and left behind lingering smells. Fergus Wilson, who owns hundreds of properties in Kent in south-east England, had denied being racist but lost the legal action brought by the…
DAN F STAPLETON – OCT 28, 2017 House prices have fallen dramatically in Sydney suburbs that have been affected by the WestConnex project, according to new Domain Group data. The median house prices in the inner west suburbs of Haberfield and St Peters have fallen by 17.2 per cent and 9.2 per cent respectively in the past…
Lisa Visentin Published: October 23 2017 – 8:43AM Two-thirds of Sydneysiders will be able to commute between their jobs, homes and key services within 30 minutes, but they may have to wait 40 years to do so, under new long-term strategies that will divide Sydney into three interconnected cities. The NSW government claimed a “historic”, “first time”…