The APRA regulations are most likely to be felt in the Sydney and Melbourne housing markets.
You have to be very careful when creating a property portfolio that you are in line with the value of the asset as determined by market and the banks.
Once the business owner has completed their personal transition plan, they will be more readily able to let go of their business.
See what you may have that other people might want to use and how they can produce an income for you.
Surprisingly quietly, some things have happened that have implications for the entire Australian property market.
Capital improvements, or work which improves an asset beyond its original condition, must be depreciated and claimed as a capital works deduction or as depreciation.
The creation of 20,000 additional jobs and 15,000 new homes over the next 21 years is a win for everyone.
The big questions we get asked as agents are: How much should I spend on preparation? Where should I start? How much money do I need to spend to maximise the return?
Quite simply, it keeps us on our toes so we can continue to deliver premium results to our clients.
When an agent is selling their services on price not on the value that they provide to you, what are they really selling outside of this?
We have seen significant growth in Sydney at the lower end of the scale which has in turn driven the median house price above $1 million.
As cities continue to grow and suburbs effectively grow their own legs, we’re seeing the emergence of markets within markets.
With Sydney prices continuing to rise, look out for more young families and retirees migrating north to take advantage of the value for money and lifestyle Queensland has to offer.
More people are buying higher end homes in Brisbane right now.