One of the big banks announced recently it has seen a 10 % increase this year in buyers purchasing an investment property as their first home; known as rentvesting, first-time buyers often use this as a strategy to get onto the property ladder. According to NAB executive for home lending Denton Pugh, NAB insights show.
With the end of the 2024–25 financial year on the horizon, property investors now’s the time to schedule in reviewing portfolios, tidy up tax affairs, and prepare for increased scrutiny from the Australian Taxation Office (ATO). First and foremost, make sure your records are in order. Ensure you have detailed documentation for all expenses, such.
With Labor securing another term, home owners and investors alike may well be wondering what this means, and what to expect next. At the moment, it’s a wait and see situation; so let’s look at what we already know about Labor’s policies relating to property, and explore some of the other factors which may affect.
Last month, the 2025–26 Federal Budget announced several measures that will impact both residential and investment property owners. Here we look at some of them. How the budget impacts property investors The Government has increased maximum rates of Commonwealth Rent Assistance by 45% for approximately 1 million households. Additionally, a framework is being implemented to.
Aimed to improving tenant protections, enhancing rental security, and creating a fairer housing market, as well as promoting sustainability, the Government has implemented significant reforms to the Residential Tenancies Act 2010 (NSW) (RTA). These reforms are part of a broader national conversation about housing affordability and tenant rights, responding to growing concerns among renters and.
As of 23 March 2025, New South Wales (NSW), Australia, new water efficiency rules aimed at promoting sustainability, reducing water waste, and ensuring fair usage across residential and rental properties will come into play. Here’s what you need to know about the new water efficiency rules. The legislation Around 40% of household water is used.
With the recent interest rate cut, and some lenders predicting further cuts this year, whether you’re looking to invest, you’re thinking of moving, or looking for a better deal on your mortgage, now might be the time to review finances and see what your borrowing options are. A good mortgage broker can simplify this process,.
As a landlord, ensuring the safety of your tenants is not only a moral obligation but also a legal requirement. Fire safety is a critical element of property management, and understanding the regulations surrounding smoke alarms is essential to protect your investment and the lives of those who occupy your buildings. Legislative Framework The primary.
The new strata laws that took effect on 3 February 2025 in NSW have changed the way strata managing agents are required to disclose information to owners’ corporations. These changes are designed to increase transparency and ensure that strata managers are upfront with owners about kickbacks and conflicts of interest. The expanded disclosure requirements mandate.
Last month, property analyst Hotspotting announced the data from its Summer 2024 Price Predictor Index, which assessed the suburbs with the steadiest conditions for long-term capital growth. NSW saw ten suburbs on the list, and our very own Charlestown in Lake Macquarie was up there with Lithgow and Springwood in the Blue Mountains as a.