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Market Trends from Corelogic

August

Brisbane market buying tips Covid 19 Finance First Home Buyers investment

Market trends are important over the Covid 19 period as these help investors, home owners, buyers and sellers make import Property decisions. Attached is the recent report on Early Market Indicators from Corelogic

One in four homeowners would fail new mortgage tests as banks crack down on living expenses

September

buying tips Finance First Home Buyers

A SHOCK new broker survey has revealed one in four homeowners given home loans last year would fail new bank tests if they applied today. A SHOCK new broker survey has revealed one in four homeowners given home loans last year would fail new bank tests if they applied today. Everything from Netflix habits, to […]

RBA Governor sparks fresh predictions that rates will hold ‘until 2020’

May

Economy Finance investment National

RESERVE Bank Governor Philip Lowe has sparked a frenzy of fresh predictions that rates will hold at 1.5 per cent until 2020 — a boon for homebuyers but hell for retirees. RESERVE Bank Governor Philip Lowe has sparked a frenzy of fresh predictions that rates will hold at 1.5 per cent until 2020 — a […]

Investors’ favourite loans have crashed to a historic low

March

Brisbane market Finance

INTEREST-only loans have crashed to a historic low, a precursor that could spark the next big investor boom in the property market. The dramatic decline came off an Australian Prudential Regulation Authority edict for lenders to slash the loan category to below 30 per cent of all new loans they write. Lenders have gone even […]

Claim property deductions this financial year

June

Depreciation Finance Property Tax

The Australian Taxation Office allows property owners to claim depreciation, or decline in value, as a deduction. Depreciation is considered a non-cash deduction, meaning an investor doesn’t need to spend any money to be eligible to make a claim. Therefore it is not unusual for these deductions to get missed. With tax time approaching, property […]

Federal budget 2017: Five housing changes to know about

May

community blog Finance Property - Sales

  More supply is just one part of the housing push with a raft of initiatives rolled out in the 2017/2018 federal budget. Photo: Pat Scala Housing was a hot button topic for the 2017/2018 federal budget, so it’s no surprise there were a raft of changes for real estate. The new measures have impacted on a […]

Four ways an Australian housing bubble could burst

May

Finance investment Property - Sales Selling

There’s been quite a bit of speculation over whether Australia has a property market bubble – where house prices are over-inflated compared to a benchmark – and when it might burst. According to housing experts, there’s at least four scenarios where this could happen. Australia could see a property bubble burst due to: Lending tightening, […]

Negative gearing does not mainly benefit average earners

August

Economy Finance investment Property Tax Uncategorized

Average income earners largely are the people who do get to take advantage of negative gearing – nurses, policemen and women on an average wage, investing, for instance, in a property. Most of them hold only one property, which adds to the housing stock that’s available for people as well. – Assistant Treasurer and Small […]

Funds Claimed depreciation for investors

March

Depreciation Finance investment Property Tax

Often property investors rent out their property fully furnished. Claimed Depreciation. Depreciating furniture can add thousands of dollars to the owners depreciation claim. The below table provides an example of the difference that claiming depreciation on a $16,000 furniture package could make to an investor who purchased a two bedroom two bathroom unit: It is […]

RP Data Housing and Economics

October

buying tips Community Finance Property - Sales

Download the full chart pack here. Capital city home values increased by 0.1% in September, 2.9% over the third quarter and they increased by 9.3% over the past year Home values increased by 0.1% across the combined capital cities in September and rose by 2.9% over the three months to September 2014. Over the month, […]

Homes sales boost brings revival to Queensland property market

January

buying tips Finance

CONFIDENCE is back in the Queensland property market with home sales driving a post-GFC revival. The Sunshine State has highest level of confidence in the country according to a survey of 2,600 construction and property professionals. The Property Council/ANZ Property Industry Confidence Survey has predicted a 20 per cent leap in sales volumes this year. […]

Lenders Offer Varied Incentives to Attract Loan Switchers

May

Finance

Lenders have been offering a variety of incentives to borrowers as interest rate fluctuations focus peoples’ attention on whether to switch lenders. Queensland-based lender Firstmac is offering a three-year family membership to Brisbane Broncos rugby league team on its 5.21% (5.26% comparison rate) Broncos loan. Loans.com.au is offering a special rate of 4.75% (4.77% comparison […]

Rates Have Hit the Bottom

May

Finance

Since the Reserve Bank left the rates on hold yesterday at three per cent, experts have started to suggest that the next movement we see will be an increase. While many saw yesterday’s RBA decisionas disappointing, it was actually fitting, said LEDA Real Estate’s CEO, Barry Goldman. “With key areas of the economy tracking well, […]

A Guide to Recent Low Rate Home Loan Offerings

May

Finance

The following results are based on advertised mortgage rates listed by ratecity.com.au, Mozo.com.au and infochoice.com.au as of November 7: Lowest variable rate offerings: Provider Loan name Rate Comparison rate* Loans.com.au Dream Catcher blackboard special 5.42% 5.44% My Mortgage Freedom Low rate (LVR up to 75%) 5.43% 5.74% UBank UHomeLoan refinance only 5.47% 5.47% Lowest one-year fixed-rate offerings […]