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Queensland Building Boost Grant Extended!
Queenslanders building or buying new homes will have access to the state government's $10,000 building boost for an extra three months.
Positive Outlook for Australian Residential Property.
The data certainly demonstrates a positive outlook. Residex predictions for capital city housing markets are all positive for the next three years.
Suburb of the Month, CLIFTON HILL, 3068
Clifton Hill in a quiet, inner-city suburb of Melbourne, located just four kilometres for the Melbourne CBD in the City of Yarra. Clifton Hill was named after Clifton Farm, which was one of the first properties in the area.
Tax Implications on Property
Your home is generally exempt from tax. If you have an investment property, build or renovate for profit, or use a property in the running of a business, there may be implications for income tax, capital gains tax and goods and services tax (GST).
Do swimming pools add more value to your property?
Swimming pools are increasingly more than just somewhere for swimming. They have evolved into entertainment centres of the modern home, with an emphasis on style and functionality.
Regional Areas Continue to Make Great Investment Locations.
Finding locations with primary, secondary and/or tertiary industry present or proposed in the suburb and its surrounds can present excellent investment opportunities. In saying this, it is important to do your research!
Suburb of the Month, SHEIDOW PARK, 5158
Residents of Sheidow Park can enjoy leisure activities such as fishing, snorkelling and swimming. To the south of the suburb lies Christies Beach, a long sandy beach, fast becoming a popular place to sit in the sun, build sandcastles and hunt for shells.
Save energy at home this Summer
As the temperature rises, so does the cost of cooling your home, especially if you use an air conditioner. Shading of the whole home and outdoor spaces will improve comfort and save energy.
Things to consider when buying a block of land
When considering the purchase of a block of land, make enquiries to see if there are any easements or restrictions that might affect the use or resale of the land.
Investing in Commercial Property
If you have a residential investment property you’ll already know some of the advantages and disadvantages of property investment.
Suburb of the Month, BURRADOO, NSW 2576
Burradoo is one of the most expensive areas in the Southern Highlands due to the many historic manor houses and large modern architectural homes on large properties.
Property Market Wrap
The volatility in our stock markets is going to continue but our housing markets, because of our high level of ownership and funding structure, will not present the same level of risk as other asset sectors.
Considering the improving position of the United States (albeit slow), we should be rejoicing at our new found growth that has been driven by the demand for resources.
What is Lenders Mortgage Insurance (LMI)?
Lenders Mortgage Insurance (LMI) is insurance that protects the lender in the event that you default on your home loan. It is paid as a once off insurance premium or fee when your loan is advanced and does not affect your interest rate.
Interest rate cut welcomed
The average homeowner will save just under $50 per month repaying a $300,000 home loan, assuming banks pass on in full the 25 basis point cut in the cash rate by the Reserve Bank.
Which is best - Positive or Negative Gearing?
If you own an investment property, you've probably faced the 'positive versus negative gearing' debate. So which is best - positive or negative?Borrowing money to invest, or gearing, gives you the flexibility to pursue investment opportunities, like property, and build your personal wealth.
Below we explain your gearing options.
"What Stock Shortage?"
Right here and now we are actually approaching a situation where for the moment there is no actual significant shortage in stock. Statistical information from all housing related analytical companies for some time now has been constantly negative so it is reasonable to ponder, why we are reading about housing shortages while the growth rates in rent and capital don’t seem to be supporting the supply issue.
Suburb of the Month, AIRLIE BEACH, 4802
Airlie Beach is a popular tourist destination and has long been considered the best departure point for excursions to the Great Barrier Reef. The beautiful township of is also one of the few east-coast towns that have a north facing aspect, meaning...
Garage Sale Tips
If one person’s trash is another person’s treasure, why not make a sale out of it?
How to set up and run a garage sale:
Advertise your garage sale in every possible way. That includes traffic light polls within a close proximity to your property, the local newspaper and signs out the front
Finding the right tenants for your rental property
A renter likes to feel like they are walking into a well-kept and cared for home. No one likes to look around and see potential problems down the road. With just a few new pieces, you can make a property look all shiny and new. And renters, especially the good ones, notice things like this.
Apartment Living
Apartments are in demand as rental properties for many young families and students are seeking inner city living at a reasonable cost. If you have pets make sure that a) you are able to rent your apartment with a pet and b) if your pet will be comfortable within a small arrangement.