Number Of Renters Spikes As Homeownership Falls

The proportion of Aussie households renting their dwelling increased to 32%, as homeownership in the country fell to 66% in 2018, according to a new analysis from the Australian Bureau of Statistics (ABS). The number of households renting their home from a private landlord also rose to 27%, with the proportion of public housing tenants […]

Aussies “More Confident” About Price Growth

The number of Aussies expecting housing price growth increased, according to ME Bank’s June Property Sentiment Report. Thirty-eight percent of Australians believed property values would increase in the next 12 months, rising from just 32% in the March quarter. Buyers’ improved sentiment was unsurprising given the central bank’s latest rate cuts, changes in mortgage lending […]

7 Tips For Saving Your Deposit

Investing in property is an enterprise that can take a lot of research, advice and sometimes even trial and error to get off the ground. And, most importantly, it takes money. There are many costs involved when it comes to buying a property, one of which is the initial deposit you’ll need to put down. […]

What can you claim when renovating?

More and more Australian investors are choosing to renovate their investment properties before leasing them out. However, investors who live in the property while renovating risk missing out on thousands of dollars in property depreciation deductions. Property depreciation is generally the second biggest tax deduction after interest, though it’s often missed by investors. This is […]

The Best-Performing Suburbs In Australia

The country’s best-performing suburbs have defied the market’s downward trend over the past 12 months, according to Domain’s June quarter house price report. Mount Pleasant was at the top growth spot in the country, with its median house price increasing 26.5% in the 12 months to June 2019, according to the report. Brisbane’s Chelmer suburb […]

June quarter figures show ‘all is well’ in SA housing market

The Real Estate Institute of South Australia has welcomed the Valuer-General’s median house price data for the 2019 June quarter, with Vice President Robin Turner saying it shows that confidence had “returned to both vendors and buyers”. New data showing an increase in the number of house sales across metropolitan Adelaide and South Australia reflects […]

How Property Styling Boosts Sale Price

You shouldn’t judge a book by its cover – but buyers can and do judge a property by its presentation. With property styling, sellers can rise above the competition and negotiate the best possible profit. In a digital age where buyers generally first view a potential new home or investment online, your property obviously needs […]

Reno Focus: Kitchen

The kitchen is the big-ticket item in every renovation. It is the room in the house that sees the most action, and it has everything going on – cooking, refrigeration, dishwashing, cleaning, eating and everyday living. It is often the first room a potential buyer looks at when walking into a home, which is why […]

Where Are Property Prices Growing Australia-Wide?

Australia’s property downturn seems to have already found the floor, but some suburbs in Australia appeared unscathed – and even managed to record robust sales volumes and sustained price growth. The latest Hotspotting Price Predictor Index listed 10 precincts in Australia where suburbs performed steadily amid the downturn. The index took into consideration the sales […]

How to claim repairs, maintenance and improvements

One of the most common mistakes made by property investors when completing their annual tax return is confusing repairs, maintenance and improvements. It’s important to understand and distinguish each deduction in order to correctly lodge your claim and maximise your tax refund. According to the Australian Taxation Office (ATO), repairs are considered work completed to […]