While the New South Wales Government says it has a responsibility to ‘back every citizen striving to own a home, rent a home, or who needs social housing’ and the 2024 Budget includes a number of measures and initiatives aimed at stimulating growth in the property market, it does have significant implications for property investors..
End of year is fast approaching, so now is the time to start gathering your paperwork so you can optimise tax returns and maximise your income. Depending on what stage your investment property is in the financial year (ie was it bought, sold or have you owned it for the entire tax year) there are.
Confidence appears to be returning to the property market, with the recent to data released by the Australian Bureau of Statistics (ABS) showing a rise in loans for both owner-occupier and property investors, The value of new loans to investors for housing rose 5.6 per cent in April to $10.9 billion, which was 36.1 per.
Tackling Australia’s housing crisis was a focus in this year’s budget, and fortunately for property investors, negative gearing, the generous 50% discount on housing investments after one year and other tax deductions property investors can benefit from were not on the table! Homes for Australia In this budget, the Government unveiled its ‘Home for Australia’.
The bathroom is a room which can sway a potential tenant; no-one wants to start their day in a poorly maintained bathroom. But it’s important not to over-capitalise. A full renovation can be expensive, however, there are some simple cost-effective changes you can make to transform the bathroom into something more functional and attractive. As.
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.
