The strength of the Australian residential market continues to power ahead, registering value growth for the 16th successive month. Home values increased 0.8% in May, which is the largest monthly gain since last October. The mid-sized capitals are leading the way. The three hottest cities right now are Perth (+2% in May alone), Adelaide (1.8%)…
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With pressure on the Federal Government to encourage the building of more homes to ease price pressures and the historically tight rental market, new data reveals a slowing in residential construction. The Australian Bureau of Statistics has reported the total number of dwellings approved fell in April. Daniel Rossi, the ABS head of construction statistics,…
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Even as Australia faces a historic shortage of rental properties, the Australian Taxation Office (ATO) has warned real estate investors their tax returns will be scrutinised closely. The ATO claims nine out of 10 landlords make mistakes in their tax returns, so they’ll receive special attention this year. As an experienced real estate agency with…
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Many homeowners will soon begin to consider listing their property for the upcoming spring real estate market. Spring is traditionally a peak time for home sales due to increased buyer activity and favourable weather conditions. As an experienced real estate agency in your area, we’d recommend you begin thinking about a spring sale today. The…
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When planning to sell your home, it’s natural to want to understand the health of the real estate market and the likelihood you’ll achieve the desired price for your property. Yet, for many owners, today’s marketplace is difficult to read. Currently, we have high interest rates as the Reserve Bank of Australia continues to put…
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With property values trending positively once again, many prospective buyers are looking for fixer-uppers they can renovate and flip to capitalise on our buoyant market. With the likelihood of interest rate reductions later this year and into 2025, it’s a great time to plan a new property adventure. Of course, renovating and flipping a property…
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If the increase in the cost of living is stretching your finances thin, you may have considered renting a spare room to earn some extra cash. It’s also a favourite strategy for first-time buyers looking to ease their mortgage obligations with a little extra cash. While it can be a great way to earn income,…
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Are you a homeowner wondering if now is the right time to sell? You won’t be alone. With the Australian cash rate stuck at 4.35% and the Reserve Bank showing reluctance to reduce mortgage costs in the near future, many potential sellers are asking their agents this question. As an experienced real estate agency in…
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The Australian Government’s recent move to incentivise Build-to-Rent (BTR) projects will help open up new options for property investors. A financial instrument called a Managed Investment Trust (MIT) is a core part of build-to-rent projects for investors. It allows multiple investors to pool their funds, enabling even individuals with limited financial resources to invest in…
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Purchasing an investment property is very different to buying a home for yourself. It’s natural to be caught up in the emotion of purchasing a home you plan to live in. But you must be clear-eyed and focused on the bottom line with an investment property. You want to weigh the cost against the prospective…
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