How the NSW 2024 Budget impacts investors
While the New South Wales Government says it has a responsibility to ‘back every citizen striving to own a home, rent a home, or who needs social housing’ and the 2024 Budget includes a number of measures and initiatives aimed at stimulating growth in the property market, it does have significant implications for property investors..
7 deadly sins to avoid when selling your house
Everyone’s an expert when it comes to giving advice about what you should do when selling your home, but they’re not always quite as forthcoming about what you shouldn’t do. Here are 6 things you should avoid doing when selling your home. Omit a sale price This is probably the second biggest mistake vendors make..
A rough guide to end of year tax
End of year is fast approaching, so now is the time to start gathering your paperwork so you can optimise tax returns and maximise your income. Depending on what stage your investment property is in the financial year (ie was it bought, sold or have you owned it for the entire tax year) there are.
What the 2024 budget means for property
Tackling Australia’s housing crisis was a focus in this year’s budget, and fortunately for property investors, negative gearing, the generous 50% discount on housing investments after one year and other tax deductions property investors can benefit from were not on the table! Homes for Australia In this budget, the Government unveiled its ‘Home for Australia’.
Regional property values continue to rise
The latest CoreLogic report shows that dwelling values across Regional Australia rose 2.1 per cent in the three months to April 2024, the fastest quarterly growth rate in almost two years. In this quarter, Regional Australia outperformed capital city values which rose 1.7 per cent in the same period. Some of our suburbs are performing.
What to do if your data has been breached
In today’s digital age, data breaches are becoming far more common; in the past couple of years or so, big names across a variety of sectors, such as Optus, Latitude, Medibank, and even government bodies; just last month, Australia’s largest smoke alarm installation and service provider, Smoke Alarm Solutions was a victim. According to reports,.
What to consider when buying a property with a friend
A recent study by ING has found purchasing a property with a friend is rapidly becoming a new trend in home ownership. Known as ‘Property Pals’ the research found that nearly half (47 per cent) of Australians who have purchased or are considering purchasing a property with someone other than a spouse or partner would.
Why this autumn is a good time to sell
Spring has always been the traditional time to sell a property, but with CoreLogic’s national Home Value Index (HVI) showing a 0.6% rise in March, on par with February’s increase, and taking the current upswing in housing values through its 14th straight month of growth, property owners shouldn’t rule out selling at this time of.