According to the Real Estate Institute of Australia (REIA) Real Estate Market Facts report for the March quarter, smaller dwellings are leading the way, with two-bedroom properties out performing houses in both price and rental growth. REIA’s President, Ms Leanne Pilkington suggests this trend reflects changing household compositions, affordability constraints and increasing demand for more.
Unless you’re lucky enough to be a cash buyer, whether you’re a homebuyer or investor, you will need a loan. There are a lot of loans available from a wide variety of financial providers! Lenders assess income, expenses, and debt levels to determine borrowing capacity, and each loan type will tailored to suit the borrower’s.
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.
Landlords have a responsibility to ensure that the property is fit to live in and meets health and safety laws. All properties need maintaining, and landlords should always budget for general maintenance and wear and tear, but some types of repairs will require immediate attention. Urgent repairs (sometimes referred to as emergency repairs) are called.
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,.
