Tenants and Landlords in a COVID-19 world
Since the coronavirus hit us there has been a lot of attention on the financial and emotional stress being experienced by residential landlords and tenants. A number of tenants are struggling to pay their rent and many landlords are desperately reliant on their rental income. So the question is how is this to be sorted…Read More→
Why now is the right time to invest
You may have been reading about the price drop in residential property over the last 12 months. All indications are showing this decline has now stopped following the Federal election result and the RBA interest rate reduction. Together these events have triggered increased market activity and confidence. Auction clearance rates were languishing around 51% –…Read More→
Impact of Labor’s tax changes on the apartment market.
If Labor wins next month’s election, its property tax changes will take effect from 1st January 2020. Almost exclusively these changes are aimed at investment property owners and tenants, but they will undoubtedly impact capital and rental values in the broader property market. Let’s quickly recap what those changes are. 1. Negative Gearing Any existing…Read More→
Apartment market update… December 2018
There are several factors driving the market at the moment but the single biggest issue across all categories of property is finance. By this I mean the difficulty for a buyer to borrow money. The banks and second tier lenders have all tightened up there lending practices by increasing the level of documentation and scrutiny…Read More→
How to sell your apartment in a weaker market
You want to sell your apartment but you’re worried it is perhaps not the right time given the market is weaker. Firstly if you are selling and buying in the same market conditions, then it is a net sum game given you may sell for less than you hoped, but you will also buy cheaper….Read More→
David Dawon
01: Ray Wood
What is my property worth?
Ah yes…. the big question… A discussion about property values reminds me of the story about friends at a bar trying to remember things like football players’ numbers, or songs by a particular artist. If someone googles the answer that’s the end of the conversation. Those friends don’t desperately need to know the answer, they…Read More→
Well I’m confused…
Do we need more or less housing? In the heavy weight title fight for “housing needs” we have in the red corner “Affordable Housing” wanting cheaper housing (and more of it to bring prices down)… and in the blue corner is “Too Many Apartments” championing the case for less apartment developments expertly coached by Tabloid…Read More→
Australia and Chinese Love Affair
Australian apartments and Chinese investors have been in a long distance love affair for years but is cupid’s arrow misfiring? Or does her love potion have an antidote by the name of Australian Prudential Regulation Authority (APRA), State Governments, Banks, media commentators or even the Chinese Government? Whatever the reason the volume of Chinese property…Read More→
Apartment market shake up
If you are thinking about buying an apartment “off the plan” you better hurry as one of the key financial incentives is about to disappear. On 1st July 2017 the stamp duty concession for “off the plan” investment apartments will disappear for both domestic and foreign purchasers. For many years developers have promoted “off the…Read More→
Twist to stamp duty for “off the plan” sales
The changes to Victorian stamp duty laws coming into effect on 1st July will shake up the investment metrics of buying a new apartment “off the plan” vs buying an existing apartment. For the next 10 weeks (up to 30 June) you can buy an “off the plan” apartment and avoid most of the stamp…Read More→