Good vs. bad property management: what it could cost you
Investing in property is often seen as one of the most reliable paths to building wealth. But there’s a critical factor many investors overlook: the quality of your property manager. A good property manager is more than just a rent collector — they are your partner in protecting and maximising your investment. On the flip.
From Sale to Sold – here’s what it costs to sell your home
Whether you’re upgrading, downsizing, or cashing out of an investment, selling your property does have a cost. While some costs are obvious, there are others which you may not have thought of – and these will need to be factored in, so you know your budget if you are purchasing another property. Here’s a breakdown.
Why right now is a good time to sell
We know we live in a fantastic area; indeed just a couple of years ago, Lake Macquarie was named as one of the most ‘desirable’ location for people moving out of Sydney according to a report by Regional Australia Institute (RAI). Fast forward two years, and now KPMG analysis of the latest Australian Bureau of.
Stay ahead of the curve
For the first time in a few years, the economic situation is looking relatively stable for those who are interested in buying a property. Last month, the RBA decided to leave the cash rate target unchanged at 3.85 per cent, and at 2.1 per cent, inflation rate is the lowest it’s been for a few.
Different types of loans explained
Unless you’re lucky enough to be a cash buyer, whether you’re a homebuyer or investor, you will need a loan. There are a lot of loans available from a wide variety of financial providers! Lenders assess income, expenses, and debt levels to determine borrowing capacity, and each loan type will tailored to suit the borrower’s.
4 options for home owners as mean property price reaches over a $1million
The Australian Bureau of Statistics’ latest figures show the mean price of residential dwellings in NSW ($1,245,900) remains the highest in the country, followed by QLD ($944,700) and the ACT ($941,300). For Australia as a whole, key statistics in the report show: With house prices continuing to rise, home owners may well be wondering what,.
What not to fix when selling your home
Data from Cotality (formerly CoreLogic) shows that house prices increased in May, and with interest rates lowering, homeowners wanting to relocate, upgrade or downsize, may well be thinking now’s the time to do it. We all want the best price for our property, and while this favourable sellers-market may tempt homeowners to invest in upgrades.
End-of-Year Tax check list
With the end of the 2024–25 financial year on the horizon, property investors now’s the time to schedule in reviewing portfolios, tidy up tax affairs, and prepare for increased scrutiny from the Australian Taxation Office (ATO). First and foremost, make sure your records are in order. Ensure you have detailed documentation for all expenses, such.