Archive for the ‘Investing in property’ Category

Dream home checklist

Investing in property

There’s no shortage of horror stories about people who have bought a property that looked fine on the outside but which, in fact, hid serious defects.

Major problems and faults can cost property buyers many thousands of dollars to fix (that’s if they’re fixable at all), not to mention the emotional strain of watching your ”successful” purchase turn into a disaster.

So how can you avoid buying a lemon? The rule, as always, is to buy your first home using your head, not your heart.
Step inside… look for downsides as well as upsides when evaluating a home.
This means ensuring you thoroughly …

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Tax Time Considerations for Property Investors

Better Homes - Epping

Lodging an annual tax return offers an opportunity for investors to take advantage of available deductions. In order to find out what to declare and make the most of your investment strategy, it is necessary to thoroughly research your tax obligations and claimable expenses for your particular situation. There are numerous tax benefits associated with [...]

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Property Investing: Tips and Pitfalls

Better Homes - Epping

First time investors can be in a vulnerable position due to lack of experience, however, by doing your homework, this can be avoided. Look out for property educators, conducting seminars which can turn out to be mere sales pitches. They can be a great information resource to get to know the market and strategise, but [...]

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Coastal Property Values

Better Homes - Epping

Now would be a good time to invest in coastal property, according to coastal market trends indicated by a recent RP Data report. The strongest coastal suburbs in terms of house value performance in New South Wales were Wollongong with 13.5 per cent and Newcastle with 10.7 per cent increases. By comparison, Byron’s growth was [...]

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Support for Negative Gearing

Investing in property

In a recent debate, both the government and the opposition ruled out the abolition of negative gearing for the purpose of property investment. The REIA says that this is fantastic news for renters, affordable housing and real estate investors. Negative gearing, for the purpose of property investment, in its current form is addressing the supply [...]

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Cheaper areas drive growth

Buying

A new report confirms robust demand in affordable capital city suburbs is driving solid house price growth. According to Australian Property Monitors’ Quarterly Housing Report, in the June quarter house price growth slowed nationally to 2.4 per cent, but annual house price growth forged ahead to over 15 per cent. Across the board, the lower [...]

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10 Finance Tips to Improve Your Property Investment

Financing

1 Direct debit your rates, insurance and rent for ease of management and to stop the impact of unexpected bills. 2 Examine your loan structure and determine whether changing to interest-only, for example, might help your monthly cashflow. 3 It is a good idea to have all your insurance policies going out on the same [...]

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Mining Areas Ripe for Investment

Buying

While there still might be an element of risk associated with investing in mining and resource-driven towns, the sensible resolution on the Resources Super Profits Tax (RSPT) by the Federal Government makes this type of investing a consideration once more. Rpdata.com research analyst Cameron Kusher recently investigated if now is the time to invest in [...]

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