According to new data from CommBank, 46 per cent of the bank’s new property investors in 2023 were made up of millennials (born 1981 – 1996), followed by Gen X (born 1965 – 1980) who accounted for 37 per cent of all new investment property purchases throughout the calendar year. The data also revealed almost.
In today’s digital age, data breaches are becoming far more common; in the past couple of years or so, big names across a variety of sectors, such as Optus, Latitude, Medibank, and even government bodies; just last month, Australia’s largest smoke alarm installation and service provider, Smoke Alarm Solutions was a victim. According to reports,.
Technology is impacting every area of our lives – the way we work, spend our leisure time and even manage our health. From helping with research and investment planning to potentially increasing rental return, here are five ways landlords can benefit from emerging technologies. Enhancing research Investors now have access to comprehensive and current data.
Changes in property legislation and Government policy isn’t something property investors can foresee, but they can be aware of conversations and factor in. Quite possibly the main issue affecting housing in Australia, is the lack of it. As well as sky rocking house prices, Australia has in an extreme shortage of rental properties. Indeed, according.
While location, and access to amenities lifestyle choices, and work, and proximity to main roads and public transport is often the starting point for many people when looking for a rental property, what features do they consider? If you want to make sure your property is that little bit more desirable than a similar one.
It is vital your property is well maintained; as well as keeping your tenants happy, staying on top of maintenance reduces the risk of small issues turning into larger, more costly problems down the road, which can affect the overall value of the property. However, there is a difference between a repair and an improvement..
Two of our region’s suburbs, Belmont and Kotara, have made it to the Smart Property Investment FAST 50 report. This report presents a list of 50 suburbs across the country that are predicted to experience significant capital growth in the next 12 months. For the property investor, choosing the right suburb is crucial for maximising.
While in our own homes, we are aware of certain risks around our property, it’s a different matter when it comes to a rental property. Occupational Health and Safety (OHS) is a critical consideration in any workplace or living environment, and this includes rental properties. OHS standards are in place to protect individuals from potential.
We all love our outdoor spaces, and if your investment property has a garden, it can play a major part in attracting and retaining tenants, as well as significantly boosting your property’s rental value. But while many tenants like to have the outdoor space, they may not have a green thumb, or indeed the time.
Whatever stage you’re at on the property ladder, a home owner looking to move, a first-home buyer or an investor, stamp duty (or transfer duty as it’s now known as in New South Wales), is a significant cost in the buying process; according to e61 Institute-PropTrack research, this tax is now costing property buyers up.
