Category: Newsletter

Edgeworth is in the top 50 ‘supercharged’ suburbs in Australia

We’ve always said property in our area will significantly increase in value, and now it’s official – according to the latest Price Predictor Index (PPI) research from specialist property website hotspotting.com.au. the Newcastle and Lake Macquarie region is named as one of the 50 ‘supercharged’ suburbs in Australia. The website’s creator and property expert Terry.

The sting of stamp duty

The latest Housing Industry Association (HIA)’s Stamp Duty Watch report (found at www.hia.com.au) shows stamp duty in Australia has doubled in the last 8 years. Stamp duty is the tax paid on any property purchase. It  is based on a proportion of a transaction’s value and in Australia, is charged on a sliding scale; property.

Why long-term rentals just got more attractive

Short-term lettings are under the spotlight again following changes to the State’s short-term letting laws. The new rules aim to address impacts such as noise levels, disruptive guests and effects on shared neighbourhood amenities. Strata owner corporations now have the power to introduce by-laws prohibiting the short-term letting of houses or apartments in their block.