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, […]