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.

Things that make you go Hmmmm — NSW Stamp Duty

One of those things that make us all think Hmmm is NSW Stamp Duty. Par­tic­u­larly the duty that is levied on our res­id­en­tial prop­erty. Our trans­fer of stamp duty is based upon a pro­gress­ive tax sys­tem where cheaper prop­er­ties incur a lower rate of tax and more expens­ive prop­er­ties incur a higher rate of tax. Some […]


Have Fixed Rates Hit The Bottom Of The Cycle?

I have noticed an inter­est­ing pat­tern in one of the recent interest rate charts. This is slightly dan­ger­ous ter­rit­ory because the past is obvi­ously not a pre­dic­tion of future rate dir­ec­tions. How­ever, this pat­tern does seem to apply at least since the begin­ning of 2009 (when this data series com­menced). The 3 year fixed rate […]


Property Bubble Crew Hit The Media With Predicting A Crash?

Every time Sydney house prices increase the prop­erty bubble crew hit the media with neg­at­ive head­lines pre­dict­ing a crash. These doom­say­ers may very well be right., how­ever, we feel that there are five key trends that des­troy their cur­rent pre­dic­tions: 1. The median Sydney res­id­en­tial dwell­ing price has increased at an aver­age rate of just over […]


Sydney house prices are depressing.….. (part 2)

1.       Life style. How you want to live? House or shoe box? Some people have said “Embrace apart­ment liv­ing. The time of afford­able detached houses is over. I would def­in­itely live in a shoe box with my wifey and some cats,” but oth­ers say “I want a garden and a chook run Not sure I’d be […]


Sydney house prices are depressing…? (Part 1)

Think of the Gen­er­a­tions: Will they be able to afford a home? I see many people com­ment­ing on for­ums say­ing “Sydney as a whole is way over­priced for what is selling” and oth­ers said “I really feel for young­sters (I’m in my late 50s) just start­ing out who want to buy, and may never own a […]


Buying A House With Half A Mortgage

I know, it seems insane, buy­ing a house with half a mort­gage! As amaz­ing as this might sound, it is very attain­able. Home Addressed, has found cre­at­ive ways for people who are priced out of the mar­ket to become homeown­ers. Ima­gine, liv­ing in a share house, think­ing that this is your hous­ing future. Accord­ing to […]


Toongabbie Wild Weather Warning: CHECK YOUR INSURANCE POLICY NOW!

As the dam­ages bill from recent extreme weather con­tin­ues around NSW and Toongab­bie are you won­der­ing just what their prop­erty insur­ance will cover. Was dam­age caused by a flood, or storm water run-off? The Insur­ance Coun­cil of Aus­tralia (ICA) warned that not all prop­erty insur­ance policies will cover policy hold­ers for this type of flood event and that policy holders […]


4 Ways To Make Property Profits in Sydney’s West

There are 4 ways to make money out of prop­erty invest­ments in Sydney’s West and most of the time they only look at one or two of these. Let’s look at them.…     1. Pass­ive Appre­ci­ation That’s when the prop­erty value goes up in line with the gen­eral prop­erty mar­ket and over time well loc­ated prop­er­ties in Aus­tralia in good […]


9 Steps To Successful PROPERTY INVESTING In Seven Hills NSW

PROPERTY INVESTING Where do I start? A com­mon ques­tion asked by all people who have heard about prop­erty invest­ing and under­stand that it is an avenue for wealth cre­ation but are not quite sure what or how to buy a prop­erty. 1. Decide what sort of investor you wish to become. Do you want to […]


Rental Reductions Under A Microscope

CPA Aus­tralia has advised Australia’s 1.5 mil­lion tax­pay­ers who own rental prop­er­ties that the Aus­tralian Tax­a­tion Office will be increas­ingly vigil­ant in audit­ing rental deduc­tions as rental losses to grow. The Aus­tralian Tax­a­tion Office plans to exam­ine 6,000 at-risk cases as well as unusual pat­terns of rental claims. Last year, the Aus­tralian Tax­a­tion Office sent out […]


Property owners without adequate insurance could face financial ruin!

Prop­erty own­ers without adequate pub­lic liab­il­ity insur­ance could face fin­an­cial ruin if ten­ants or their vis­it­ors are injured on their rental prop­erty.  And the worst part about many acci­dents is that they could eas­ily have been avoided. Clas­sic examples of prob­lems that could turn into legal mine­fields include win­dows that do not have safety glass, […]

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