It has been well documented over the past few decades that house prices across most of Australia have been, on average, increasing steadily. Even in this time of economic uncertainty, house prices in Australia still managed to increase by a record 2.1% in February 2021 alone, the largest month-on-month increase since 2003. This has posed.
Being a landlord is a fantastic way to utilise your property as a sustainable source of income, but it’s also one that comes with a number of requirements and obligations. From fire alarms to utilities to, in some cases, the structural integrity of certain property features, landlords are required to ensure that safety standards are.
Investment property depreciation scheduling is one of many options available to Australian property investors for saving on their tax. However, while this is a fantastic opportunity for property owners to put some of their tax money back into their investment, it’s one that isn’t particularly well understood. Today, we’re going to go through some of.
Keeping your rental property clean, accessible, and stylish is the key to attracting new renters. However, it’s not as straightforward as traditional renovations. When it’s your own home, you’re guided by your own taste in décor and tailor the design to suit your needs. Rental properties need to appeal to the evolving needs of potential.
Investing in either the share market or real estate is usually people’s first choice when looking to grow their wealth. Making sound financial decisions is important at the best of times, but with the COVID-19 pandemic impacting job security and industries on a global scale, being well informed about your investment options is crucial. That’s.
Investment property renovations can be difficult. Unlike renovating your own house, where your taste and preferences dictate every facet of the design process, investment property renovations mean contending with the ever-changing trends of the homebuying public. Follow these simple investment property renovation tips and discover five affordable renovations that will add value to any property.
Many Victorian renters have been impacted by the coronavirus (Covid-19) pandemic. With the reported slump in business confidence as reported in August and employment rates of 7.5%, renters who have lost their jobs are facing difficult times ahead. As difficult as this is for renters, landlords are themselves feeling the pinch, with many relying on.
Knowing how to avoid capital gains tax when selling an investment property seems like the Holy Grail of investment knowledge, even when people don’t entirely know what it is. Over the years, capital gains tax has cemented itself as a buzz phrase in the Real Estate world, causing many to see it as a looming.
“What do tenants look for in a rental property?” is a question that landlords & property managers alike should be constantly striving to answer. After all, landlords want tenants that will take care of their property, pay rent on-time, and will be easy to work with throughout their tenancy. However, to entice those ideal tenants,.
Anyone who has ever rented out a house knows the importance of having a low maintenance garden for their rental property. After all, you’re entrusting your property to tenants that may not have the same enthusiasm or time for gardening that you would hope, which can lead to outdoor spaces that have been left in.
The rental real estate market is one that is known for being hugely competitive, with certain areas and suburbs vying for the attention of prospective renters as supply and demand rise and fall. Naturally, this means that to succeed as the owner of an investment property, you must stay competitive and provide benefits that will.
With the current coronavirus pandemic leading to a considerable amount of unemployment and uncertainty across the country, Australian landlords and renters have been eagerly awaiting word from the government on how this will impact their livelihood. Thankfully, as of April 15th, the Australian government has detailed plans to bring supportive legislation to parliament which will.
The Reserve Bank of Australia has made headlines over the past few days for cutting interest rates to a record low in light of the ongoing Covid-19 pandemic. The move, which stands as part of the RBA’s first quantitative easing program ever, will provide more affordable loans for Australian banks, along with interest rates being.
Australia’s Real Estate landscape has cultivated a thriving investment market over the past 30 years. This boom has, in turn, shaped how the government treats landlords and property owners, with special incentives put in place to assist both buyers and those that are renting out their properties. With that said, many homeowners aren’t aware of.
Melbourne is home to some of the top suburbs for property investment in Australia, and with the demand for property steadily growing across the board, now is a perfect time to consider buying. The city’s one-bedroom apartments hold the highest rental returns in Victoria, and with so many previously slept-on suburbs on the rise, there’s.