Australian dwelling values increased a further 0.7% in June, taking growth to 8% across the financial year ending June 30. The CoreLogic data suggests the median average value increase for every Australian property was $59,000. The average price of a home – any residence, be it a house, apartment or duplex – is now $794,000.…
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Growth in investors’ rental income has surged this year with the national median weekly rent hitting $627 nationwide. And it’s not just the big cities feeling the heat – average costs range from $770 a week in Sydney to $547 in Hobart. With a housing shortage and a strong immigration flow, these rent rises are…
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Facing voter frustration at housing affordability, the White House has pushed legislation to Congress seeking to cap annual rent increases at 5% and punish corporate landlords by withdrawing their federal tax breaks if they ignore the limit. The Biden administration also pledged to repurpose public land in Nevada so 15,000 affordable housing units can be…
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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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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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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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It’s no secret that the US rental market is tight. Even though the market has started to cool, rental prices remain 18% higher than pre-pandemic levels. That’s excellent news for property investors, but they must still be careful when choosing tenants. Long tenant queues would make any landlord happy, but the folks lining up might…
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As Canadian owners enjoyed a first interest rate that turned the tide on 20-year-high loan costs, tenants continue to deal with rising costs. A new report claims our average rent has jumped the $2,200 barrier for the first time. It comes as the Bank of Canada reduced the benchmark cash rate from from 5% to…
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The Australian rental market is experiencing unprecedented challenges, characterised by escalating rents and declining affordability. This challenging landscape presents a compelling opportunity for astute property investors who understand the underlying data and trends. According to the PropTrack Rental Affordability Report, renters face the most challenging conditions in 17 years. Since the onset of the pandemic,…
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It’s the Great Australian Rent Race – the hunt for affordable rentals that’s become a marathon as the nation struggles with its housing crisis. For landlords and investors, this is turning into an era of low vacancy rates, fierce competition, and rising rents. For many renters, it’s become a marathon rather than a sprint. As…
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