Understanding Capital Gains Tax Implications on the Family Home
Many people are able to remain in their family home until they pass, however when they do pass, dealing with financial issues, knowing what to do and making important decisions, while managing your own emotions at a challenging time isn’t easy, not to mention time consuming and confusing. So, it’s essential you are aware.
The Winner Is… Kellie Andriessen!
We are absolutely delighted Kellie Andriessen, our Property Management Team Manager, has received the prestigious Tim Anderson OAM Residential Property Manager award in the REINSW (Real Estate Institute NSW) Awards for Excellence. This award is for outstanding achievement by individuals in residential property management. Recognising exceptional industry achievement, these highly regarded industry awards are the.
Why first-time buyers are coming to the market
The latest Australian Bureau of Statistics (ABS) lending figures show the value of owner-occupier loans rose 2.9% to $18.9 billion, 21.4% higher than July 2023. And while the value of new owner-occupier first home buyer loans rose just 0.8% in July, this was 19.7% higher than July 2023. This suggests first-time home buyers are still.
New strata laws to increase transparency
Whether you’re buying a strata-titled property for a home, or for investment purposes, they are often an attractive option; generally, they are less expensive than similar sized freehold properties, are often low-maintenance and some communities have some great shared amenities including swimming pools and gyms. Many enjoy these benefits; indeed, according to the Australasian Strata.
Why you should consider using a broker for home insurance
A recent report from the Actuaries Institute suggests that 1.6 million Australian households are now experiencing insurance affordability stress, a 30 per cent increase from the previous year. According to the report, Australian households are spending an average of 9.6 weeks of their gross income on home insurance, significantly above the national average. The percentage.
Why a buyer should get their own building report
The first ever national survey asking Australians about their experience buying and selling property has found three-quarters of all Australians who bought and sold property in the last year encountered challenges, with property prices, market conditions, and finding a property. The 2024 State of Real Estate Report from prop tech firm InfoTrack shows Australia’s housing.
Insights into the Local Property Market
Whether you’re looking to sell for a change of lifestyle, or considering buying an investment property as part of your investment strategy, spring traditionally has been the time when more properties come to market. CoreLogic’s latest analysis shows an average uplift of 18.2% in fresh listings and 8.3% for sales over the past decade. But.
Why a house with more bedrooms may be a better investment
Insights from CoreLogic’s recent report, – which analyses housing market performance segmented by the number of bedrooms – highlights a growing trend among Australian renters; a shift towards properties with more bedrooms. Potentially reflecting a trend of share houses or multiple family households, the report reveals there is an 8.7% rise in rent for houses.