Seven Hills Real Estate and news for the local area

This blog is here to give you first hand local information about real estate and local issues in the areas of Seven Hills with a special focus on Toongabbie and Kings Langley.

The No B.S. 2017 Property Market Outlook

Here are the key factors influ­en­cing the mar­ket in 2017 without the B.S. I hope you enjoy read­ing it, as much as I had mak­ing it. China Chinese interest in Aus­tralian homes fell in the third quarter of 2016, which is under­stand­able after Aus­tralian banks star­ted increas­ingly scru­tin­ising over­seas buy­ers. This increased scru­tiny has res­ul­ted in […]


8 Practical Tips To Help You Budget On Your Next Renovation

Don’t move plumb­ing and elec­trics. Dur­ing a renov­a­tion pro­ject, it’s sens­ible to keep your plumb­ing and elec­trics in the same place as exor­bit­ant costs are likely to res­ult from mov­ing around your plumb­ing and elec­trical work. If you keep things in the same loc­a­tion and freshen it up, then you can cut back on costs […]


Don’t forget to depreciate when you update

One of the most investor com­mon enquir­ies received by spe­cial­ist Quant­ity Sur­vey­ors is the ques­tion ‘what hap­pens to the depre­ci­ation deduc­tions that can be claimed if you decide to remove an asset and replace it with a new one?’ There are a couple of rules and recom­mend­a­tions a renov­at­ing for profit investor must fol­low to ensure […]


Mortgage Update — The Investor Market Is In For A Shock

Keep your eyes on the ball! Whether the sport is cricket, soc­cer, rugby, ten­nis, Aus­sie rules or any other ball sport, keep­ing your eyes on the ball is of utmost import­ance. The same concept applies to home loan interest rates. The second you take your eyes off your home loan you could find your­self mak­ing a […]


Australian Property Market Outlook 2015

The prop­erty mar­ket is help­ing us to become the wealth­i­est pop­u­la­tion in the world First off an inter­est­ing fact. Even when tak­ing into account the impact of infla­tion, the growth in cap­ital city res­id­en­tial prop­erty val­ues has made Aus­tralia one of the wealth­i­est nations in the world. A recent art­icle in the Sydney Morn­ing Her­ald sup­ports the […]


Tips for Preparing A Budget To Buy A Property

Intro­duc­tion Ima­gine buy­ing a house without pre­par­ing a budget? Under­stand­ing your own fin­an­cial pos­i­tion is crit­ical when plan­ning such a large cap­ital out­lay. Your fin­an­cial pos­i­tion is unique, so you need to take time in pre­par­ing a budget. This will give you a true pic­ture of your fin­ance situ­ation. Don’t rely on estim­ates from Bankers […]


8 Tips to understanding Cash Flows in Investment Properties

Buy­ing an invest­ment prop­erty is a big step in your over­all wealth cre­ation pro­cess. Like any other decision, a lot or research is required to ensure the invest­ment fits in with your cur­rent fin­an­cial plans. Most people look at invest­ment prop­er­ties to achieve some of the fol­low­ing:- Long Term Cap­ital Growth An Income Stream in […]


Lock it in or keep it loose: Fixed rates vs variable rates

The RBA cash rate has not moved from 2.50% p.a. for 13 con­sec­ut­ive months and we are in for another 15 months of cash rate sta­bil­ity accord­ing to the ASX futures curve. Depend­ing on your lender, vari­able home loan rates seem set to remain in the range of 4.65% p.a. to 5.10% p.a. Most Aus­trali­ans are […]


Has the Australian Real Estate boom finished already?

I have seen a lot of com­ment­ary lately spec­u­lat­ing about the “prop­erty bubble” burst­ing and the prop­erty boom being fin­ished. No doubt you have too and if you haven’t already got on board you are prob­ably regret­ting miss­ing out. It seems that any time things seem to be going well there are ele­ments within the […]


Facts, house prices sky high, mortgages and government levies

The ‘it’ topic of the moment is house prices. Every­one is dis­cuss­ing the cur­rent trends in prop­erty prices, selling or buy­ing, mort­gages and everything to do with this topic. Every­one has an opin­ion but here are some of the facts relat­ing to the cur­rent state of the hous­ing mar­ket. These are also good point­ers for […]


Property Mortgage Update And Housing Affordability In NSW

Interest Rates and the big 4   The purple line in the chart below indic­ates that vari­able home loan rates mir­ror the stable RBA cash rate. There has been not much change over the last 6 months. You will how­ever see that both kinds of fixed rate mort­gages have to a small extent increased over the last […]

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