Archive for January, 2016

What landlords need to know about tenant rights and responsibilities

Being a landlord involves more than collecting rent and managing repairs. Over the years, the balance between tenant and landlord rights has been a constant pendulum swing; with both parties believing their rights could be improved.

As a landlord it’s imperative to understand both landlord and tenant rights and responsibilities. Knowing the process and protocol in your state will see you navigate your way around legislation correctly, ultimately staying away from … Read more »

What to do if the market bursts

Predictions that the Australian property market will burst continue to run rampant as the country faces the greatest credit-fuelled real estate market it’s ever seen. The market has seen a drop off in investor confidence and the repercussions of this are being felt from buyers to sellers with falling auction clearance rates and plateauing property prices in Sydney and Melbourne.

Here are our tips for property … Read more »

Capital gains stall

After showing strong conditions through to September, the final quarter of 2015 ends with capital city dwelling values declining by 1.4%.

According to the CoreLogic RP Data Home Value Index, dwelling values were absolutely flat across the combined capitals during December, with negative movements in Sydney, Adelaide and Canberra being offset by a rise in dwelling values across the remaining five capital cities. The Sydney housing market was the main drag … Read more »

Chinese investment in Australian property remains strong

Australia’s lifestyle, environment and potential return are the top reasons why Chinese investors invest in property here. Chinese investment into Australian property has more than quadrupled in the past five years.

China has recently overtaken the United States as the largest foreign property investor in Australia, with $12.4 billion being spent on the Australian property market.

It’s a huge boost to the Australian economy, with Chinese buyers helping drive the real estate … Read more »

Borrowing landscape will continue to evolve in 2016

The Reserve Bank meeting in early December declared that the cash rate will remain at 2%. Most of the experts on the panel agreed that Australia’s improving economy will be the most likely reason to keep the cash rate as it is.

However, commentators are suggesting that 2016 will be much more difficult for both borrowers and lenders.

“It’s going to be tougher for households next year and it’s not just borrowers … Read more »

Using your SMSF to buy property

Using a self-managed super fund (SMSF) to buy property is becoming increasingly popular but the decision requires careful consideration.

There are significant advantages to having a property in an SMSF for example tax effectiveness: your super fund will be taxed at 15 per cent which is considerably lower than most people’s personal tax rates.

However, there are a few things to bear in mind if you … Read more »